Executives provide comments and snippets
Western Cape State of The Province Address (SOPA)
Key executives from Grant Thornton South Africa, provide commentary following Western Cape Premier Helen Zille’s State of the Province Address this morning on 19 February 2016:
“We are delighted that the Western Cape Government continues its efforts to reduce red tape in the tourism sector. During our study to calculate the Administrative Burden for Businesses in the Tourism Sector in the Western Cape (currently being conducted for the Western Cape Department of Economic Development and Tourism) we found that excessive bureaucracy severely inhibited the establishment and growth of tourism enterprises, most of which are SMMEs.”
“We hope that the Premier’s commitment to supporting SMME’s will bear fruit for the tourism industry. The majority of the R17-billion industry in the Western Cape consists of SMMEs that operate, among others, guesthouses, restaurants, transport and tour guiding services. These SMMEs currently provide work for an estimated 200 000 people and therefore require continued support to grow and in the process create much needed new employment opportunities”
“Along with the Premier we applaud the efforts of the firefighters in the Western Cape who defended scores of vineyards, fynbos and rooibos tea and timber plantations. These agricultural attractions play a vital role in sustaining the tourism industry in the Western Cape.”
Martin Jansen van Vuuren, Director: Advisory Services at Grant Thornton
On URBAN DEVELOPMENT
“We are pleased to hear about the Western Cape Government’s commitment to address the apartheid-area spatial development challenges through inclusive urban development. We believe that various Western Cape Government properties could be redeveloped in partnership with the private sector to address the development challenges. The 654 000 square meters of commercial and residential development that was approved for construction in the Western Cape speaks to the appetite from the private sector for development.
“The potential relocation of the administrative capital from Pretoria to Cape Town, as proposed by the Premier, would provide further impetus for property development in Cape Town. Partnerships with the private sector could unlock the land and property owned by the Western Cape Government to provide the most cost effective solutions.”
Martin Jansen van Vuuren: Director: Advisory Services at Grant Thornton
Notes to editors
About Grant Thornton South Africa
Grant Thornton South Africa is a member firm of Grant Thornton International Ltd (GTIL). Grant Thornton South Africa was founded in 1920. We are leaders in our chosen market, providing assurance, tax and specialist business advice to dynamic organisations – listed companies, large privately held businesses and private equity backed organisations.
We employ 1100 people in South Africa with 100 partners and directors. Grant Thornton has a national presence with offices in Bloemfontein, Cape Town, Durban, George, Johannesburg, Nelspruit, Polokwane, Port Elizabeth, Pretoria, Rustenburg and Somerset West. In Africa we operate across 23 member firms in Algeria, Botswana, Congo, Côte d’Ivoire, Egypt, Ethiopia, Gabon, Guinea, Kenya, Libya, Mauritius, Morocco, Mozambique, Namibia, Nigeria, South Africa, Senegal, Tanzania, Togo, Tunisia, Uganda, Zambia and Zimbabwe and are ideally positioned to facilitate clients’ expansion plans in these countries.
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