A unique guide to business, investment and tourism in the Western Cape.
The 2020 edition of Western Cape Business is the 13th issue of this highly successful publication that, since its launch in 2005, has established itself as the premier business and investment guide for the Western Cape.
The Western Cape has several investment and business opportunities. In addition to the regular articles providing insight into each of the key economic sectors of the province, a special feature examines the water sector in the light of the drought which led to many people rethinking their approach to this vital resource. The journal contains news and information from business and investment agencies and bodies such as the Cape Chamber of Commerce, the Western Cape Business Opportunities Forum and Wesgro, the Western Cape’s dedicated tourism, trade and investment agency for the Western Cape and the City of Cape Town.
Updated information on the Western Cape is also available through our monthly e-newsletter, which you can subscribe to online at www.globalafricanetwork.com, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.
CONTENTS Oil and gas 52
CONTENTS Oil and gas 52 The WesternCape is turning to gas. Energy 54 Green business is blooming in the WesternCape. Manufacturing 58 Boatbuilding exports have soared since 2014. Maritime 60 The Oceans Economy is creating new opportunities. Construction and property 61 Student accommodation is on trend. Tourism and events 68 Arts and culture are front and centre in the WesternCape. Banking and financial services 70 Cape Town is a fintech hub. Development finance and SMME support 71 Sauce company finds the right funding recipe. Education and training 76 Skills training is a national priority. Business Process Outsourcing 84 A war room is removing red tape in BPO. WESTERN CAPE BUSINESS 2020 10
GROW YOUR COMPANY WITH OCCUPATIONAL AND CENTRES OF SPECIALISATION PROGRAMMES their occupational programmes - the theoretical as well as the practical training - they are completely ready to work in their chosen occupation. Industry Fields - We offer various types of occupational courses in the following elds: Art & Design Beauty Thearpy Building & Civil Engineering Business Studies Education and Training Electrical Engineering Haircare Hospitality Information & Communication Technology CENTRE OF SPECIALISATION (CoS) is a national programme aimed at producing: A skilled and capable workforce to support inclusive economic growth Increased availability of intermediatelevel technical skills Increased delivery of qualiied artisans in 13 priority trades Improved capacity of public TVET colleges to train in skills in demand by industry How does it work? Dual system apprenticeships that combine technical education at a TVET college with... simulated practical training and... lots of authentic work experience in a single, integrated learning programme ... with employers in the driver’s seat Who are involved? It’s a partnership between the national Department of Higher Education and Training and business associations from the private sector, focusing on 13 priority trades. The College of Cape Town has been appointed as Centres of Specialisation for Plumbing and Automotive Motor Mechanics. Change technical skills training in your company from a money-taker into a money-maker by getting these benefits through CoS: During apprenticeships: - Productive value of apprentice’s work - SETA grant towards training costs Tax-break from SARS - BBBEE scorecard points for skills development - Opprtunity to shape college curriculum, thereby improving future supply of suitable workers After apprenticeships: - Skilled employees, trained to industry standards & acculturated to your company - immediately productive - Lower-risk and lower cost of recruitment - Enhanced employee retention 11 WESTERN CAPE BUSINESS 2020
