News and Speeches for Ministry of Finance
Unemployment stats: Economic recovery depends on successful vaccine rollout
24 August 2021The Stats SA Quarterly Labour Force Survey (QLFS) released today (24 August 2021) reveals that at 25.8%, the Western Cape continues to have the lowest official unemployment rate and at 29.1%, the Western Cape continues to have the lowest expanded... Read More
Western Cape government maintains good track record of supplier payments
19 August 2021A recent report by National Treasury shows that the Western Cape government has maintained its track record of paying suppliers timeously and was the only provincial government to have no invoices older than 30 days outstanding by the end of 2020/21... Read More
Energy regulations a positive move, but further clarity still required
13 August 2021We welcome the gazetting of Schedule 2 of the Electricity Regulation Act by the Minister of Mineral Resources and Energy, Gwede Mantashe, which gives effect to the announcement by President Cyril Ramaphosa to increase the licensing th Read More
U.S and WC mark six month anniversary of trade and investment partnership
11 August 2021The U.S. Consulate General in Cape Town and the Western Cape Government marked the first six months of the Trade and Investment Promotion Partnership, launched in February 2021. Read More
Cape Town International Airport wins best in Africa – again!
10 August 2021Congratulations to Cape Town International Airport who have once again won the prestigious Skytrax World Airport Award for Best Airport in Africa for the 6th consecutive year. Read More
Don’t miss the deadline for our Western Cape Entrepreneurship Recognition Awards
3 August 2021Today we visited two entrepreneurs who are previous winners of the Western Cape Entrepreneurship Recognition Awards (WCERA) and who are inspiring business women creating opportunities for those living in their communities. Read More
Procurement Disclosure Report reveals R22.6 million spent on Covid-19 in June 21
1 August 2021We are pleased to publish the thirteenth edition of our monthly Procurement Disclosure Report by Provincial Treasury which affirms our commitment to transparency and clean government in the Western Cape. Read More
Port of Cape Town operations coming back online; Backlog must be the priority
29 July 2021We welcome Read More
Stakeholder engagement addresses concerns of efficiencies at Port of Cape Town
27 July 2021Yesterday (27 July 2021), we held our third Port of Cape Town stakeholder engagement bringing together key representatives of the port logistics chain to provide an update on t Read More
Adjusted Alert Level 3 a welcome lifeline for businesses in the Western Cape
26 July 2021We welcome the announcement by President Cyril Ramaphosa last night that the whole of South Africa will be moving to Adjusted Alert Level 3 with immediate effect, which includes the easing of restrictions on the economy which will be a lifeline for... Read More
Pfizer/BioNTech collaboration with Biovac a boost to the economy in the WC
21 July 2021We welcome the announcement today by Pfizer Inc. and BioNTech SE that they have signed a letter of intent with the Biovac Institute (Pty) Ltd. Read More
Alert Level 4 restrictions: Businesses need more financial support to save jobs
15 July 2021We 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
Protecting businesses is our priority to ensure we save jobs in the Western Cape
14 July 2021As Read More
Permanent residency permit delays an unnecessary blocker to economic recovery
8 July 2021Today 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 2021Despite 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 2021With 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 2021We 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 2021We 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
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