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

News and Speeches for Ministry of Finance and Economic Opportunities

Alert Level 4 restrictions: Businesses need more financial support to save jobs

15 July 2021

We welcome the announcement by President Cyril Ramaphosa of the reopening of the UIF Covid-19 TERS scheme which we have been calling for and which will be a lifeline to many businesses and employees in South Africa.  Read More

Permanent residency permit delays an unnecessary blocker to economic recovery

8 July 2021

Today I wrote to the Minister of Home Affairs, Dr Aaron Motsoaledi, Read More

WCG initiates formal action against Central Karoo District and Kannaland

1 July 2021

Despite every effort by both the Provincial Treasury and the Department of Local Government to support both the Central Karoo District Municipality and the Kannaland Municipality to adopt budgets for the new municipal financial year by today (01... Read More

Alert Level 4 restrictions: UIF TERS urgently needed to support businesses

28 June 2021

With the announcement by President Cyril Ramaphosa last night that South Africa will move to Adjusted Alert Level 4 restrictions for the next 14 days it is critical that national government provide a support package for business whose operations are... Read More

Approval of Delta Air Lines flight to Cape Town critical for economic recovery

24 June 2021

We are concerned that the application by Delta Air Lines to the Department of Transport to add a stop to Cape Town International Airport on its Atlanta-Johannesburg service has been pending for over 12 months.   Read More

WCG welcomes the corporatisation of Transnet National Ports Authority

22 June 2021

We welcome President Cyril Ramaphosa's visit to the Port of Cape Town today (22 June 2021), which we previously requested, and his announcement that Transnet National Ports Authority will be corporatised and established as an independ Read More

WCG calls for information on renewable energy projects to beat load shedding

11 June 2021

We are pleased to announce the publishing of a Request for Information (RFI) for our Municipal Energy Resilience (MER) Project, calling on all potential private and public sector organisations, including Western Cape municipalities, to provide... Read More

100MW generation threshold a big leap forward for energy resilience in the WC

10 June 2021

We welcome the announcement by President Cyril Ramaphosa today (10 June 2021) that Schedule 2 of the Electricity Regulation Act will be amended to increase the licensing threshold for embedded generation projects from 1 MW to 100 MW. Read More

Private sector partnerships with government a boost for vaccination rollout

3 June 2021

Today (03 June, 2021) I joined Councillor Zahid Badroodien, Mayoral Committee Member for Community Services and Health, to visit one of the Shoprite stores that have partnered with the City of Cape Town to create awareness of the Covid-19... Read More

Tourism fund boosts Western Cape destination offer and supports jobs

26 May 2021

Yesterday (25 May,2021), I visited three businesses near Oudtshoorn that are beneficiaries of our Tourism Product Development Fund which we  Read More

World Bank report ranks SA ports, including Cape Town, at bottom of the list

25 May 2021

At a position of 347 out of 351, the World Bank has placed the Port of Cape Town at the bottom of a list assessing global container port performance, ranking lower than all other ports in Africa which means our port is less efficient than Djibouti,... Read More

Increase threshold for embedded generation to 50MW for an energy secure future

24 May 2021

On Friday, 21 May 2021, I submitted comments on behalf of the Western Cape government to the Department of Mineral Resources and Energy (DMRE) in response to the proposed amendments to Schedule 2 of the Electricity Regulation Act, 2006, calling for... Read More

WCG calls for introduction of remote working visa to help tourism recovery

19 May 2021

To support tourism recovery in the Western Cape we are working hard to find innovative ways to attract visitors by embracing new forms of global travel that have emerged with the Covid-19 pandemic.  Read More

Applications are open for the SMME Booster Fund 2021

12 May 2021

We are pleased to announce that applications have opened today (13 May, 2021) for the SMME Booster Fund 2021 which will distribute up to R20 million to organisations and municipalities for programmes that focus on supporting small businesses to grow... Read More

President Ramaphosa, the Port of Cape Town requires your urgent attention

21 April 2021

We are encouraged by the recent commitment made by President Cyril Ramaphosa to make our ports more efficient and competitive and his recent visit to the Port of Durban. Read More

Businesses stepped up to support over 1 000 students affected by Cape Town fire

19 April 2021

The immense response to the Cape Town fire from across government, civil society and the private sector has been incredible. Read More

Small towns prove popular as travellers explore the Western Cape over Easter

16 April 2021

An increase in domestic travel over the Easter weekend across the Western Cape and especially to small towns is a welcome and much-needed boost for the tourism and hospitality sector in the Western Cape.  Read More