News and Speeches for Ministry of Finance and Economic Opportunities | Western Cape Government

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News and Speeches for Ministry of Finance and Economic Opportunities

Hotel occupancy surpasses pre-pandemic levels in December 2022

27 January 2023

Data from the South African Hotel Review, complied by STR, which gathers data directly from hotels across South Africa, has confirmed that hotel occupancy for the Western Cape stood at 72% in Read More

Western Cape passes 27% more buildings plans in 2022 than in 2021

20 January 2023

Between January and November 2022, the Western Cape passed R34.81 billion worth of building plans, representing an increase of 27% compared to the same period in 2021. Read More

Spectacular recovery at Cape Town International Airport over December 2022

16 January 2023

Provincial Minister of Finance and Economic Opportunities, Mireille Wenger today warmly welcomed preliminary statistics received from Airports Company South Africa (ACSA), which showed that Cape Town International Airport recorded a spectacular... Read More

Remote working VISA one step closer as report now with Presidency

9 December 2022

It is good news that a report, containing recommendations on the adoption of a start-up and remote working VISA, amongst others, is now with the South African Presidency for consideration. Read More

Private sector participation at Ports, and not a shipping SOE, needed

7 December 2022

In response to the call for comment on the recently released “pre-draft” ‘South African Shipping Bill’, published under Government Notice 1376 in Government Gazette, I have indicated to the National Government that the Western Cape does not support t Read More

QLFS: 85 000 jobs created in the Western Cape in Quarter 3

30 November 2022

I am delighted by the news that 85 000 jobs were created in the Western Cape, in Quarter 3, according to the latest Quarterly Labour Force Survey (QLFS), released today by Statistics South Africa. Read More

270 000 visitors flock to tourist attractions across the Western Cape in October

30 November 2022

The Western Cape’s tourism recovery is gaining momentum, with strong signs that a bumper summer season can be expected. In October 2022 alone, foot fall at the 17 participating attractions in the Western Cape recorded a total of 269,016 visitors. Read More

Almost half of all buildings completed in SA in 2022 are in the Western Cape

18 November 2022

Nearly half (42%) of all buildings completed in South Africa between January and September 2022, are in the Western Cape, with a total value of R21.39 billion, representing a year-on-year growth rate of 30.30%. Read More

Exciting NASA investment to enable communications with deep space welcomed

9 November 2022

The Western Cape Government (WCG) welcomes the official commencement of the impressive collaboration between the South African National Space Agency (SANSA), an entity of the Department of Science and Innovation (DSI), and the USA’s National Aeronaut Read More

Speed is key as Operation Vulindlela report on Remote Working VISA is completed

9 November 2022

I welcome the confirmation by the Director-General of the Department of Home Affairs, Mr L.T. Read More

4.35 million two-way domestic travellers through Cape Town Airport this year

31 October 2022

A total of 4.35 million two-way passengers passed through the Cape Town International Airport’s (CTIA) domestic terminal in 2022 so far, representing a recovery of 71% for the year to date, when compared to the same period in 2019. Read More

WC comes out on top on building plans passed and completed for third month

21 October 2022

Between January and August 2022, the value of buildings completed in the Western Cape was R19.6 billion, representing a year-on-year growth rate of 42.1%, compared to R13.2 billion in Gauteng, with a year-on-year growth rate of 8.7%. Read More

Clearing of significant Transnet strike backlog must now be top priority

20 October 2022

I welcome the end to the national Transnet strike, now that the South African Transport and Allied Workers Union has accepted the wage settlement. Read More

End to Transnet strike by UNTU is good news for economy

18 October 2022

I welcome the news that the United National Transport Union (UNTU) has agreed to a wage settlement, as proposed by Transnet and facilitated by the Council for Conciliation, Mediation and Arbitration (CCMA), yesterday evening. Read More

Transnet Strike:12 000 jobs on the line in the Western Cape berry industry

17 October 2022

Over 12 000 jobs in the berry industry in the Western Cape, which include 4 000 permanent jobs and 8 000 seasonal jobs, are on the line should the ongoing Transnet strike not be urgently resolved. Read More

Ports’ Business Continuity Plans must be top priority

10 October 2022

I share the concern of businesses in the Western Cape that a prolonged strike by Transnet workers will severely hurt our economy precisely at a time when we should be creating jobs. Read More

Loadshedding: 96.5% reduction if 5GW of renewable energy had been brought online

4 October 2022

This morning, the Minister of Finance and Economic Opportunities, Mireille Wenger, opened the Green Energy Summit Africa, held at the Cape Town International Convention Centre. Read More

Western Cape celebrates 191 international flights into Cape Town per week

27 September 2022

To mark World Tourism Day, the Minister of Finance and Economic Opportunities, Mireille Wenger, was invited to address attendees at the National Government’s World Tourism Day celebrations, held at the Ecology Lifestyle Estate in Bot River, in the Ov Read More

Nearly half of all Buildings Completed are in the Western Cape

21 September 2022

Almost half of all buildings completed in South Africa, by value, between January and July of this year, were in the Western Cape. Read More

PERO 2022/23: Our Pathway from Recovery to Growth

20 September 2022

Today, the Provincial Minister of Finance and Economic Opportunities, Mireille Wenger, tabled the Western Cape Provincial Economic Review and Outlook 2022/23 (PERO) in the Western Cape Provincial Parliament. Read More

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