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Cape Town Investment
Cape Town is fast becoming a destination of choice for domestic and foreign investors looking to expand their operations in Africa.
Tourism has always been a major drawcard for Cape Town, known internationally as a top leisure destination, but the city is also gaining a solid business and investment reputation. [Read more…]
Vote for Table Mountain
Pretoria – With less than 14 day to the closing date for entries to be added to the 7 Wonders of the World, Cabinet has urged South Africans to cast their vote for Table Mountain.
No crises for Cape Tourism.
Table Mountain - Cape Town
Cape Town Tourism cautions against alarmist statements about a tourism crisis. “We are in the middle of winter, traditionally a very tough time for the tourism sector in Cape Town. This is reflected in the low occupancy levels currently experienced by the majority of the industry. The increased supply, decreased demand and lingering recession add to the challenges the tourism sector faces,” says Cape Town Tourism CEO, Mariëtte du-Toit Helmbold. There are signs of recovery, albeit at a slow rate of 3-4%, which will mean that recovery could take significantly longer than initially anticipated unless we change tactics.” [Read more…]
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