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

News and Speeches for Ministry of Finance and Economic Opportunities

Municipal Red Tape Reduction Challenge Fund launched

22 June 2023

The Western Cape Government is working hard to make the province the easiest place to do business in South Africa. A key part of achieving this, and the breakout economic growth we need to create jobs, is removing the barriers businesses face. Read More

2023 SMME Booster Fund launched after creating 650 jobs

20 June 2023

The Department of Economic Development and Tourism is excited to announce that it has launched the 2023 iteration of its successful Small, Medium and Micro Enterprise (SMME) Booster Fund. Read More

Western Cape R5 million export booster fund launched

6 June 2023

The Western Cape Government’s Department of Economic Development and Tourism has launched the Export Competitiveness Enhancement Programme (ECEP), which aims to support businesses that are export-ready or working towards export readiness to meet... Read More

Monthly Tourism Report: Moving beyond recovery to growth

2 June 2023

In April 2023, the share of overseas tourists to Cape Town International Airport (CTIA) reached full recovery when compared to pre-pandemic levels in April 2019. Read More

78% of businesses rate SA VISA regime as ‘very poor’

29 May 2023

In almost every interaction I have with businesses in the Western Cape, a topic which is raised consistently as a key obstacle to attracting investment and to expanding existing businesses is the broken South African visa regime. Read More

WTA: Voting closes tonight for Western Cape gems nominated in 25 categories

22 May 2023

Each year, the World Travel Awards Africa recognises and celebrates excellence across all key sectors of the tourism and hospitality sector. Read More

Red Tape Reduction interventions saves Western Cape economy R1.85 billion

17 May 2023

Between May 2019 and September 2022, the Western Cape Government’s red tape reduction and ease of doing business interventions resulted in a saving of R1.85 billion to the Western Cape economy. Read More

QLFS: 360 000 more jobs in the Western Cape than in 2022

16 May 2023

According to the latest Quarterly Labour Force Survey released by Statistics South Africa this morning, 360 000 more jobs were created in the Western Cape in quarter 1 of 2023 than in the same quarter in 2022. Read More

WCG matches 1 000 youth with employment opportunities

15 May 2023

As part of the Western Cape Government’s drive to create opportunities for youth employment, the Department of Economic Development and Tourism (DEDAT), together with 12 employers in the Business Process Outsourcing (BPO) sector hosted a recruitment Read More

Africa’s Travel Indaba: A great opportunity to unlock tourism's full potential

10 May 2023

The Minister of Finance and Economic Opportunities, Mireille Wenger, will attend the annual Africa’s Travel Indaba, in Durban, KwaZulu-Natal on 10 and 11 May 2023, which provides a global platform for the promotion of Southern African tourism product Read More

Data intelligence dashboard launched to improve efficiency of Port of Cape Town

9 May 2023

This morning, Minister of Finance and Economic Opportunities, Mireille Wenger, together with officials from the Department of Economic Development and Tourism (DEDAT) and key stakeholders representing the port logistics value chain, including Transne Read More

Western Cape Government launches R5 million Tourism Challenge Fund

4 May 2023

The Department of Economic Development and Tourism (DEDAT) is excited to announce the launch of the first ever Growth for Jobs Tourism Challenge Fund, and requests organisations implementing tourism development projects or programmes in the... Read More

58% of e-visas rejected because date of travel already passed

3 May 2023

In the National Council of Provinces, the National Department of Home Affairs has revealed that of the 6 329 e-visas it rejected, 3 687 (58%) were rejected as a result of the date of travel already having passed. Read More

Cape Town International scoops 8th consecutive ‘Best Airport in Africa’ award

16 March 2023

Cape Town International Airport (CTIA) won their eighth consecutive award for ‘Best Airport in Africa’ and third consecutive award for ‘Best Airport Staff in Africa’ at the prestigious Skytrax World Airport Awards, held last night at the Passenger Te Read More

Employment up by 330 000 and unemployment down by 129 000 in the Western Cape

28 February 2023

I am elated that employment statistics in the Western Cape increased by 330 000 year-on-year, representing an increase of 14.7%. Read More

More building plans passed & completed in the WC in 2022 than any other province

20 February 2023

In 2022, between January and December, the Western Cape passed building plans worth R 37.0 billion, more than any other province in South Africa, including Gauteng. Read More

Wesgro’s performance delivers impressive economic impact for the province

13 February 2023

Amid significant challenges, least of which is the energy crisis which severely compromises economic growth and job creation, it is critical that we explore and implement innovative strategies to attract investment, boost trade and increase tourism i Read More

No more talk, action is needed to implement the remote working VISA

10 February 2023

I welcome the renewed commitment from President Cyril Ramaphosa to “introduce[e] a remote worker VISA and a special dispensation for high-growth start-ups” in his State of the Nation Address (SONA) last night. Read More

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