News and Speeches for Ministry of Finance and Economic Opportunities
Western Cape Budget 2020 – A Budget for You
10 March 2020Today I tabled the Western Cape Government’s 2020 Budget which is a budget for you, all of you, in the Western Cape. Read More
Saldanha Bay IDZ lands new investments
9 March 2020I am pleased to announce that the Saldanha Bay Industrial Development Zone (SBIDZ) has signed three new investment agreements worth R300m bringing the total number of signed investors to eleven. The SBIDZ has also recently launched several new... Read More
Media Alert: 2020 Western Cape Provincial Budget Address – A Budget for You
5 March 2020On Tuesday, 10 March 2020, the Western Cape Minister for Finance and Economic Opportunities, David Maynier, will be delivering the 2020 Western Cape Budget Address in the provincial legislature. Read More
Western Cape economic growth rate exceeds expectation
3 March 2020The latest provincial GDP figures from Stats SA, which are a year behind the national figures, reflect the Western Cape economic growth as 0.8 per cent for 2018, even though the province was experiencing one of the worst droughts in recent history. Read More
Minister Maynier's response to Budget 2020
26 February 2020The Minister of Finance, Tito Mboweni, has lost control of our public finances and provinces will have to absorb significant budget cuts over the medium term to bailout zombie state-owned enterprises, which risks compromising service delivery in... Read More
Career resilience workshops for AMSA workers in Saldanha Bay a success
25 February 2020Over 1,000 people visited the Western Cape government’s Career Resilience Outreach Workshops that took place at the White City Multipurpose Centre in Saldanha last week to provide support for those affected by the winding down of the ArcelorMittal... Read More
Minister Maynier's speech at the State of the Nation Debate
19 February 2020"Getting things done" Let me begin by saying, it is a huge privilege to have been “beamed up” from the province to participate in the state of the nation debate in this Parliament. Read More
Career awareness initiative launched to ensure more jobs for Chrysalis graduates
18 February 2020Yesterday 140 Chrysalis Academy graduates attended the first Work Assessment and Career Awareness Initiative hosted at the Imperial Technical Training Academy in collaboration with the Department of Economic Development and Tourism (DEDAT). Read More
Minister Maynier's remarks at the Premier's Diplomatic Brunch
14 February 2020To his credit, last night President Cyril Ramaphosa provided a frank assessment of what he called our “stark reality” when he conceded that: “Our economy has not grown at any meaningful rate for over a decade. Read More
We welcome Virgin Atlantic's new daily flight from London to Cape Town
12 February 2020We welcome the announcement by Virgin Atlantic of the new route between London Heathrow and Cape Town International Airport so that more people can experience the best that Cape Town and the Western Cape have to offer. Read More
Load shedding support available for businesses in the Western Cape
6 February 2020We recognise that load shedding has a major impact to the bottom line of businesses, affects the economy negatively and possibly results in job losses. That is why we are doing everything we can to build energy resilience in the Western Cape and... Read More
Minister Maynier visits I-CAN Elsies River Centre
5 February 2020[The Minister of Finance and Economic Opportunities, David Maynier, visited the I-CAN Elsies River Centre to showcase the work being done at the I-CAN centre and get a first-hand understanding of the digital skills courses & training... Read More
Free start-up investor course launched to boost digital economy growth
3 February 2020The vibrant start-up scene in the Western Cape offers exciting opportunities for those who understand the risks and rewards of early-stage investing. Read More
Minister Maynier's remarks at Wesgro's Investor Confidence campaign launch
30 January 2020We are open for business and we want all potential investors to know about the great opportunities available in the Western Cape. Read More
Career resilience workshops planned for AMSA workers in Saldanha
27 January 2020We are committed to supporting the workers affected and the Saldanha Bay community. Read More
Engagement Notes: PG MTEC 2 engagements commence
23 January 2020Yesterday, we kicked off the first of the Provincial Government Medium Term Expenditure Committee (PG MTEC) 2 engagements hosted by Provincial Treasury and chaired by the Minister of Finance and Economic Opportunities, David Maynier. Read More
Peak season report sees promising growth in domestic tourism
8 January 2020We welcome initial reports from the tourism industry that indicate a good season, with a promising growth in domestic tourism thanks to an increase in visitors from Kwa-Zulu Natal, Gauteng and the North West to the Western Cape. Read More
Task team established to address congestion issues at the Port of Cape Town
9 December 2019We are concerned by the significant issues at the Port of Cape Town particularly with regards to congestion at the container terminal. Read More
The Western Cape is ready to welcome visitors ahead of tourism season
5 December 2019The tourism sector remains the backbone of the Western Cape economy, supporting over 300,000 direct and indirect jobs in our province alone thanks to the millions of tourists who flock to the region annually to enjoy some of the most scenic and... Read More
Dept. of Economic Development and Tourism 2019/2020 Budget Adjustments (Vote 12)
3 December 2019I am pleased today to table the adjusted estimates of Vote 12: The Department of Economic Development and Tourism. Read More
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