Integrated Economic Development Services
"We promote and support an enabling business environment for the creation of opportunities for growth and jobs."
"Making it easier to do business", has become the mantra that has been adopted by most economies – both developed and developing – as a means of unlocking economic potential, unleashing innovation, becoming more competitive and ultimately creating and growing jobs.
The importance of the ease of doing business is reflected not only in national economic policy and strategy documents, but also emphasized in the Western Cape’s Provincial Strategic Plan. The terms “ease of doing business (as coined by the World Bank as a name for its index to measure and compare economies)”, “binding constraints” and “red tape” are often used interchangeably among role-players and stakeholders.
The Western Cape government’s definition of the “ease of doing business” is about addressing (1) the binding and systemic constraints and (2) the red tape of government and its agencies, that inhibit economic growth and ultimately job creation. The former concerns those critical issues (e.g. crime, inadequate skills) that are composite and normally require a multi-disciplinary approach. The latter, i.e. red tape, is largely confined to (public) institutions and linked to issues such as legislation, systems and procedures.