THE NEWSPAPER
stories that are life changing
July 2017
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WORKING HARD TO COUNTER SEASONALITY
RETIREMENT Page 5
PETS Page 7 Photo: V&A Waterfront at Night - Photo Credit: Cape Town Tourism
Cape Town and the Western Cape buzzes with thousands of international and domestic tourists from about November to April, with a particular visitor frenzy during December. But, when it gets to the Cape’s winter months, things are a lot quieter. And, much like in Game of Thrones, ‘winter is coming’. This seasonality has been a thorn in the side of tourism businesses for many years. This is why the City has established a partnership that brings together a number of organisations with a focus on promoting tourism in the city.
Plans to Maintain Investor Confidence In Western Cape
Wesgro hosted an engagement with various stakeholders to set out the steps Cape Town and the Western Cape are taking to maintain investor confidence in South Africa and the region, following the recent credit ratings downgrades. It was led by City of Cape Town Mayor Patricia de Lille and Western Cape Economic Opportunities Minister Alan Winde, and featured key insights and strategies from Wesgro and Accelerate Cape Town. Attendees directly engaged these economic leaders and were able to discuss some of the challenges and successes they have experienced, contributing to the province’s plan to support local businesses and attract investment in order to boost the economy.
Fedhasa, Wesgro, Cape Town Tourism and Accelerate Cape Town are working together to find ways such as putting together unique travel packages and events to attract visitors during the quieter winter months in order to combat the impact of seasonality on the local tourist industry.
Wesgro CEO Tim Harris said: “Considering recent economic developments within South Africa, we felt that it was crucial to unite stakeholders and craft a strategy that would maintain investor confidence in the Cape and the greater South African economy.”
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“During the engagement we set out five ways we believe Cape Town and the Western Cape will be able to attract and retain investors, following the recent credit ratings downgrades.”
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