How Cape Town's 'after hours' economy may boost jobs

The latest edition of The State of Cape Town Central City Report for 2016 has been released.

The report provides an annual breakdown of the economic climate in the CBD,

Speaking on some of the evident opportunities in the inner city, editor, Carola Koblitz says some of the growing and more populated residential areas could do with extended business hours, simultaneously increasing jobs.

She has identified existing precincts that can provide more retail opportunity with longer trading hours.

The night time economy goes well beyond the bars, nightclubs and restaurants.

Carola Koblitz, CCID communications manager and the editor of the report

What we are trying to bring across is we want to draw attention to the opportunities that still exist, job creation new business, entrepreneurs coming in and starting things, those are important to the downtown economy,

Carola Koblitz, CCID communications manager and the editor of the report

If you look at something like P4 which is the east city area, that is the oldest residential area.... only about 8 restaurants in that entire area are open after 6 o'clock and only two of those are open seven days a week.

Carola Koblitz, CCID communications manager and the editor of the report

We really want to get people, particularly living in town, out of their cars and be able to walk safely and securely down the road, have a bite to eat.

Carola Koblitz, CCID communications manager and the editor of the report

Click on the link below to listen to the full interview...


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