Virgin Atlantic has added seasonal flights that could give the Western Cape a R73m monthly boost

2020-02-12 19:13

A new direct seasonal service by Virgin Atlantic Airways between Cape Town and London has the potential to add R73 million per month to the Western Cape economy, supporting tourism spending and regional job growth.

All 3 property sectors now a buyers’ market in Western Cape - minister

2019-12-15 13:15

All three property sectors – residential, commercial and industrial – are currently experiencing a so-called buyers’ market in the Western Cape, says David Maynier, Western Cape Minister of Finance and Economic Opportunities.

The Cape brought in billions as a film destination this year - here's how

2019-11-23 12:13

So far this year the film and media unit of Wesgro has facilitated a total of R2.38bn in film and media production spending in Cape Town and the Western Cape.

It will take years to rebuild trust in SA, but we're on our way - deputy SARB governor

2019-03-14 05:00

It will take years to rebuild trust in SA but, at least the country is moving in the right direction, says SARB deputy governor Kuben Naidoo.

Cape Town households to shoulder bigger share of water restrictions so economy, business can recover

2018-11-30 10:13

Cape Town households will shoulder a bigger share of the new water restrictions to make more water available for the region’s economic drivers of agriculture, industry and tourism.

Cape Town hotel rooms are still cheaper than last year, despite the Western Cape recovering from the drought

2018-11-23 06:21

Overall, Western Cape hotel room prices dropped by 2.8% in 2018, despite occupancy increasing by 0.3%.

The Terminator will be back - this time to talk about Day Zero

2018-11-16 11:36

Arnold Schwarzenegger is back – and heading to Cape Town to talk about Day Zero.

Cape Town tops among sub-Saharan financial centres

2018-09-14 16:02

Cape Town ranks 38th on a global index of top financial centres, beating both Johannesburg and Mauritius.

Previously disadvantaged face more tech start-up challenges - expert

2018-05-20 14:37

Previously disadvantaged members of the tech ecosystem face additional challenges, the general manager of Silicon Cape has told Fin24.

Cape brands suffered from Day Zero, De Lille fallout, officials admit

2018-05-04 22:18

Economic Opportunities MEC Alan Winde says despite resilience, the Western Cape Province and the City of Cape Town must work decisively to maintain their brands as a city and as a province.


New United Airlines direct flight to Cape Town a 'game changer' for local economy - CEO

2019-12-17 21:28

In its current format, United Airlines' new direct flight between Cape Town and New York/Newark has the potential to bring additional tourism spend of R153m to the Mother City by 2021.

Somerset West among the Western Cape's fastest-growing property hotspots

2019-12-14 15:03

Somerset West stands out as one of the fastest growing property areas – commercial, residential and industrial - in the Western Cape, according to a new report on the state of the property sector in the Western Cape.

Industrial action not confined to SA - US airline official

2019-11-19 11:03

Industrial action in the aviation industry is not just confined to South Africa, Bob Schumacher, United's regional managing director sales, tells Fin24.

What a no-deal Brexit would mean for Western Cape exports

2019-03-13 19:30

The Western Cape's economy is closely linked to the United Kingdom, meaning the outcome of this week's Brexit votes are of great importance for the province.

After the drought, Cape Town’s film industry is booming again

2018-11-27 06:15

The movie industry is estimated to contribute up to R6 billion to the Western Cape economy.

Is Amazon scouting for a massive new office in Cape Town?

2018-11-22 06:23

It looks as if Amazon’s local presence will be expanded – but nobody will confirm that yet.

Cape Town, Western Cape to enhance multi-billion halal tourism sector

2018-10-15 16:24

Muslim tourists are likely to wield major spending power in the next 15 years, says Cape Town mayor Patricia de Lille - so Cape Town and the Western Cape plan to reposition as specialist tourist destinations for Islamic followers.

Panasonic launches SA headquarters in Cape Town

2018-07-12 18:46

Panasonic South Africa – a subsidiary of Panasonic Corporation – has launched its new South African headquarters in Century City, Cape Town.

Entrepreneurs flock to Cape Town, Africa's start-up capital

2018-05-15 08:00

Cape Town is the start-up capital of Africa, according to the city's official tourism, trade and investment promotion agency.

International tech conference to be hosted in Cape Town

2018-04-30 11:47

Wesgro and Silicon Cape will be hosting the AfricArena 2018 International Africa Tech Conference in Cape Town.

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