Trader plan falls into place

2017-02-28 06:00

The proposed amendments to the existing informal trading plan for the Town Centre has received another leg up.

The City of Cape Town’s mayoral committee decided on Tuesday last week to recommend that the council approve the proposed amendments to the existing informal plan.

The current informal trading plan for the Town Centre and surrounds covers 1107 trading sites located in wards 78 and 79 that fall under subcouncil 12.

A number of informal trading sites have to be moved away from the bus terminus to accommodate the MyCiTi bus station rollout.

A total of 73 new informal trading sites will be established while 180 trading sites will have to be removed to accommodate the new bus station, for the CBD upgrade and because some are in pedestrians’ way.

If approved by the council, the amendments will allow for the establishment of new informal trading sites, the repositioning of some trading sites and the removal of others to accommodate the upgrades.

“We acknowledge the valuable contribution of the informal trading sector to the economic and social life of the city,” says Eddie Andrews, Mayco member (south).

“The purpose of any informal trading plan is to create an enabling and well-managed environment for informal traders to operate and develop their businesses in a sustainable manner as informal trading provides an income to residents who are unemployed.”

The City embarked on an extensive public participation process with a number of internal and external stakeholders, he says.

Interested and affected parties were given the opportunity to provide comments and feedback on the proposed amendments to the informal trading plan.

In addition, an open day was held with City officials for all stakeholders to view the proposed plan and have their questions answered before they commented further.

“It is important for us to do all we can to balance the needs of residents and the formal retail sector with the need for economic development as we continue to create economic opportunities for our residents.

“Not only does this sector provide the unemployed with opportunities to generate an income, in many instances it is the only source of income for poorer families,” says Andrews.

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