News and Speeches for Ministry of Finance and Economic Opportunities
Mantashe’s announcement provides certainty, but urgency still needed
19 March 2021We welcome the announcement made by the Minister of Mineral Resources and Energy, Gwede Mantashe, last night (18 March 2021) of the preferred bidders for the Risk Mitigation IPP Procurement Programme (RMIPPPP) and the release of Renewable Energy IPP... Read More
Municipal Energy Resilience Project: Here are the six candidate municipalities
17 March 2021When I delivered my Budget 2021 Address in the Provincial Parliament yesterday (16 March 2021), I announced that we will spend R48.8 million over the medium term and provide a further R20 million in the pr Read More
Western Cape Budget 2021 - “A Budget for Hope”
16 March 2021Today we tabled the Western Cape Budget 2021 in the Provincial Parliament. Read More
Support available to help businesses stay open and keep operating safely
3 March 2021With the move to Alert Level 1 this week we appeal to all employers and employees to please continue to adhere to the critical safety measures to stop the spread of Covid-19 in the workplace. Read More
Procurement Disclosure Report reveals R1,92 billion spent on Covid-19
2 March 2021We are pleased to publish the eighth edition of the Procurement Disclosure Report by Provincial Treasury which affirms our commitment to transparency and clean government in the Western Cape. Read More
Red Tape Reduction Unit saves project and supports jobs in the Western Cape
26 February 2021Yesterday (25 February 2021), I met with representatives from De Beers Marine to hear how our Red Tape Reduction Unit had assisted a major maintenance project for the Gariep mining vessel that created jobs and brought investment into the economy in... Read More
Unemployment Stats: Encouraging signs of economic recovery in the Western Cape
23 February 2021The Stats SA Quarterly Labour Force Survey (QLFS) released today (23 February 2021), reveals encouraging early signs of economic recovery with an increase in employment of 121 000 jobs in the last quarter in the Western Cape, the highest increase... Read More
Community Economic Recovery Project injects R3 million into the informal economy
15 February 2021Today Premier Alan Winde and Minister of Finance and Economic Opportunities, David Maynier, visited Lingelethu Cash Store and Mpumi’s Kitchen, a spaza shop and community kitchen in Khayelitsha that are participants in the Community Economic Recovery... Read More
U.S and Western Cape trade and investment partnership launched
5 February 2021On 5 February 2021, the U.S. Consulate General in Cape Town and the Western Cape government jointly launched a Trade and Investment Promotion Partnership which will build on the momentum of the existing economic relationship to promote shared... Read More
Commitment from Minister Mboweni on public sector wage bill a win for provinces
4 February 2021We received a letter from President Cyril Ramaphosa on 15 January 2021, in response to the section 79 petition that the Premier and I submitted in November last year, which include Read More
Easing of Alert Level 3 restrictions welcomed; UIF TERS vital to save businesses
2 February 2021We welcome the announcement by President Cyril Ramaphosa last night of the relaxation of the Alert Level 3 Restrictions, which will be a lifeline to many businesses in the Western Cape, especially those in the tourism, hospitality and liquor... Read More
Wishing Cape Town International Airport GM, Deon Cloete, well on his retirement
1 February 2021After more than 12 years of service, it is with immense gratitude that we wish the General Manager of Cape Town International Airport (CTIA), Deon Cloete, well as he embarks on his retirement. Read More
Procurement Disclosure Report reveals R1.85 billion spent on Covid-19
1 February 2021We are pleased to publish the seventh edition of the Procurement Disclosure Report by Provincial Treasury which affirms our commitment to transparency and clean government in the Western Cape. Read More
Supporting Stellenbosch Municipality to beat load shedding
28 January 2021Minister of Finance and Economic Opportunities, David Maynier and Minister of Local Government, Environmental Affairs and Development Planning, Anton Bredell, welcome t Read More
New data shows tourism sector hammered by the Alert Level 3 restrictions
22 January 2021Data from the tourism industry in December unsurprisingly reflect a sector that has been hammered by the Covid-19 pandemic and the related lockdown restrictions with almost all the top attractions in the Western Cape reflecting a more than 60% drop... Read More
Covid-19 Business Relief Fund assists over 250 businesses in the Western Cape
21 January 2021Today (21 January 2021), I am pleased to announce that through the Covid-19 Business Relief Fund, we have distributed R38 268 000 to 252 small businesses across the Western Cape, saving at least 2,000 jobs during the Covid-19 pandemic. Read More
UIF TERS extension critical to saving businesses and jobs
19 January 2021With the announcement last week by President Cyril Ramaphosa that the Alert Level 3 restrictions will remain in place until the 15 February 2020, Read More
UIF/TERS support needs to be extended to the Garden Route and other hotspots
17 December 2020There is no doubt that the announcement by President Cyril Ramaphosa on Monday 14 December that the Garden Route District would be declared a hotspot and that alongside this, all beaches would be closed in the Garden Route for the festive season ... Read More
Atlantis SEZ land transaction unlocks green energy investment opportunities
9 December 2020Yesterday (08 December 2020), the Western Cape cabinet approved key amendments to the founding documents of the Atlantis Special Economic Zone Company (ASEZ Co) which enabled the purchase of land on which the ASEZ Co is located from the City of Cape... Read More
Renewed commitment to creating a world-class and competitive Port of Cape Town
7 December 2020On Friday, 4 December 2020, we held our second Port of Cape Town stakeholder workshop bringing together key representatives of the port logistics supply chain to reflect on the successes of the Port of Cape Town Task Team and identify the challenges... Read More
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