|
|
Article: The Cape of hope. (Western Cape province of South Africa)(Special Report: Western Cape)
- Article from:
- African Business
- Article date:
- July 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The Western Cape's rate of growth has outstripped the national average and is stiff accelerating. AFRICAN BUSINESS' contributing editor, TOM NEVIN, who has written this survey, explains why the Western Cape is an investor's dream.
The Western Cape is a province of opposites. It rains in winter while the rest of South Africa is dry. Cape Town's central business district is thriving and well-maintained while Johannesburg's is in a state of urban decay. It attracts managers and professionals while the brain-drain continues unabated from other centres.
People in other provinces, specifically Gauteng, besieged by criminals, stressed-out by the corporate pace and ...