News and Speeches for Ministry of Finance
Tourism continues to grow with visitors to WC attractions topping 3.2 million
10 June 2024The exciting upward trend we have seen in the Western Cape tourism sector continues, bringing economic and job-creating benefits to the Western Cape. Read More
Ready, get set-up, and grow – WCG’s R9 million 2024 SMME Booster Fund is open
5 June 2024After assisting more than 950 Small, Medium and Micro-Enterprises (SMMEs) across the Western Cape, sustaining 4 977 jobs, and dedicating R85,5 million since 2019, the latest window of the SMME Booster Fund is now open for applications. Read More
Visa chaos puts R1,5bn and 4 530 South African jobs in BPO on the line
21 May 2024The business process outsourcing (BPO) sector contributes significantly to the national economy, injecting approximately R35 billion into the economy and supporting 100 000 South African jobs nationally, with 60% of those jobs being in the Western Ca Read More
G4J Strategy turns 1: 1680 businesses supported, 28000 upskilled &15300+ jobs
19 May 2024Officially approved by the provincial cabinet on 19 April 2023, the Western Cape Government’s (WCG) ambitious plan, ‘Growth For Jobs’ (G4J) has been in action for one year. Read More
Booming BPO sector contributes R35 billion to SA economy
16 May 2024South Africa and the Western Cape in particular, is a destination of choice for many respected and market-leading global business process outsourcing (BPO) companies. Read More
12 400 young people secure permanent jobs through WCG’s skills programmes
15 May 2024Since 2020, the Western Cape Government’s (WCG) Experiential Learning programme has helped approximately 12 420 young, unemployed South Africans, mostly from areas such as Mitchells Plain, Delft, Khayelitsha, Gugulethu, and Langa, to gain permanent o Read More
National reforms can boost economy by R426bn & create thousands of jobs
13 May 2024The South African economy can be significantly boosted, and the growth of start-ups and the private sector – through businesses big and small – that create vital jobs, catalysed through two regulatory reforms: lifting exchange controls on the offshor Read More
WC tourism keeps growing - first quarter tourist arrivals via air up by 16%
12 May 2024"Western Cape, you absolute beauty! Our province continues to shine as a destination in high demand. Tourist arrivals to Cape Town by air recorded a remarkable 16% year-on-year increase between January and March 2024, reaching 336,268 visitors. Read More
Business events set to bring in a record-setting R1bn, boosting jobs
5 May 2024The Cape Town and Western Cape Convention Bureau, at the Western Cape’s tourism, trade and investment promotion agency, Wesgro, has secured 30 new bids for the province in the last financial year (April 2023 – March 2024). Read More
Township & trading hubs go solar:12 SMMEs and 22 jobs saved in Mossel Bay
2 May 2024As a part of the Western Cape Government’s drive to support Small, Medium and Micro-Enterprises (SMMEs) as the engines of job creation in the province, Provincial Minister of Finance and Economic Opportunities, Mireille Wenger, formally handed over a Read More
Cape Town International Airport best in Africa for 9th year in a row
19 April 2024Cape Town International Airport (CTIA) has done it again, clinching the title of Best Airport in Africa for the ninth year in a row, alongside Best Airport Staff Service in Africa for the fourth consecutive year. Read More
50 SMMEs & 100 jobs saved by R12.5 mil Solar PV installations at informal hubs
18 April 2024Premier Alan Winde, and Provincial Minister of Finance and Economic Opportunities, Mireille Wenger, visited the Arendsness Trading Hub in Wellington, one of 12 such hubs across the province that have been enabled to keep Small, Medium and Micro-Enter Read More
Almost 5 000 SMME jobs boosted with R85 million in funding since 2019
17 April 2024Small, Medium and Micro-Enterprises (SMMEs) are essential to any economy and the driving force behind economic growth and job creation. Read More
Pro-growth interventions save Western Cape economy R2.4 billion since 2019
17 April 2024The Western Cape Government (WCG) is determined to make it as easy as possible for the private sector to do business and create jobs in the province. Read More
Over 9 300 jobs supported over Western Cape summer tourism season to date
15 April 2024Preliminary figures from the first three months (Dec-Feb) of the four-month peak summer tourism season, indicate the arrival of almost half a million (466 469) international terminal passengers at Cape Town International Airport (Source: ACSA) alone, Read More
Business confidence in the Western Cape highest in SA
11 April 2024According to the most recent RMB/BER Business Confidence Index (BCI), business confidence in the Western Cape is higher than any other province and higher than South Africa’s business confidence level. Read More
Record-breaking 200 000 international air arrivals in 2024
3 April 2024“Tourism in the Western Cape continues to grow and strengthen. Read More
Private sector participation at Port of Cape Town critical for growth and jobs
15 February 2024This week, Minister of Finance and Economic Opportunities, Mireille Wenger, together with officials from the Department of Economic Development and Tourism, hosted the Western Cape Government’s fifth annual Port Stakeholder Engagement. Read More
Remote Working Visa loading: have your say on proposed amendments
9 February 2024The Department of Home Affairs has released the draft second amendment of the Immigration Regulations, dealing with two key categories of visas - Read More
Western Cape hotel occupancy up & outshines South African averages over December
6 February 2024Hotel occupancy in the Western Cape in December 2023 stood at 73.4%, up from 71.6% in December 2022, compared to 62.4% for South Africa in December 2023, slightly up from 62.2% in the same month in 2022. Read More
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We are pleased to share with you that the Western Cape Government (WCG) has once again achieved certification as a Top Employer in 2024. |
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