Data provided by McGregor BFA
All data is delayed
Loading...
See More

De Lille: Cape Town equipping business

May 15 2012 16:20 Sapa

Related Articles

Small business funding agency launched

Cape Town finances healthy

De Lille tables R29bn Cape Town budget

R350m security deal probed

Plans for more tolls shelved - report

Robben Island could go green

 

Cape Town - Cape Town recognised the important role of business and was introducing plans to support it, Mayor Patricia de Lille said on Tuesday.

"We firmly believe that we need business to succeed in our city, especially considering that city-regions are the engines of international economic and social development," she said at a meeting with the Cape Chamber of Commerce in Cape Town.

"I reaffirm our commitment to this contract (of working together) and sign on for the next year. The terms we agree to as equal partners: a responsive government and cooperative businesses."

The launch of the Economic Development Partnership (EDP) was a key step in bringing business, labour and government together.

De Lille said the EDP had almost completed a five-year plan detailing development in the city.

Private sector investment would be encouraged by a capital budget of almost R5bn for maintenance upgrades and backlogs on infrastructure.

"Our review of the city's by-laws to ensure constitutional compliance will be reported on in the coming months. And we are making steady progress in moving from red tape to red carpet treatment for business," she said.

Task teams had been appointed to deal with revitalising business districts, to abolish decay and abandoned buildings.

Focus areas would include Bellville, Manenberg, Hanover Park, Lotus Park, Bishop Lavis, Valhalla Park, Bonteheuwel, Kuyasa, Atlantis, Athlone, Oceans View and the Mitchells Plain town centre.

patricia de lille  |  cape town  |  business
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...