Winde: 300 new businesses registered in the Western Cape

Loyiso Langeni

01 September 2015

 The Western Cape MEC of Economic Opportunities Alan Winde has called on local businesses to submit their comments and help to develop the Western Cape’s Economy.

Winde said in a statement that the Western Cape’s population is increasing annually by an average of 2% compared to national’s 1.3% growth.

At the start of September, the Western Cape Government Red Tape Reduction Unit, will launch its Biz Challenge which will enable businesses to identify the most problematic aspects of the Visa Regulations.

Ministerial Spokesperson Bronwynne Jooste in the latest economic update MEC Winde focused on the number of business registration in the province, as well as the impact of the Visa regulations on the economy.

“We have seen that on average each month there are 300 new business registration which is very encouraging on our side. We have seen that in the first quarter that the new visa regulations has resulted in the Western Cape losing R384 million on the provinces economy” Jooste added.