#WaterWatch

Easing water restrictions will put CT back on the investor map, says Wesgro CEO

Wesgro CEO Tim Harris says Cape Town is now being positioned as a sustainably resilient destination for tourists and for investment.

Wesgro, the Western Cape government's investment arm, welcomes the decision to relax water restrictions and associated tariffs from 1 October.

Water restrictions will be lowered from Level 6B to Level 5.

Read: Plan to ease CT water restrictions sends right tourism message, says scientist

Harris explains that a message about resilience around the water crisis may help restore investor confidence.

The importnat thing now is that we are able to signal that there's light at the end of the tunnel and we're on the path to recovery.

Tim Harris, CEO at Wesgro 

The Day Zero frenzy and the drought messaging had a negative impact on the Cape economy, he says.

Harris says Cape Town needs to be put back on the map as an export centre, tourist desitination, and as place to shoot films and host international conferences.

Also read: 'Day Zero' frenzy played a role in declining CT film industry, says producer

He explains that tourism bodies, major hotel groups, and the government have jointly invested in a campaign to promote Cape Town as a travel destination to the global market.

All of those [investment opportunities] had a huge question mark over them for that intense period at the beginning of this year when we were all under the cloud of Day Zero.

Tim Harris, CEO at Wesgro 

We're talking about almost 60 000 jobs lost in agriculture.

Tim Harris, CEO at Wesgro 

Our [Wesgro] team experienced about a 25% reduction in investment leads.

Tim Harris, CEO at Wesgro 

You can see the damage to the film sector.

Tim Harris, CEO at Wesgro 

Listen to the discussion on The Pippa Hudson Show:


Recommended

by NEWSROOM AI
Read More
Global workshop offers ideas on how to build a water resilient Cape Town

Global workshop offers ideas on how to build a water resilient Cape Town

100 Resilient Cities is a project which helps cities worldwide become more resilient to social, economic and climate challenges.

UCT Architecture students design water points for Imizamo Yethu residents

UCT Architecture students design water points for Imizamo Yethu residents

UCT's School of Architecture 2nd year students are doing their best to improve the lives of people in Imizamo Yethu.

Cape Town dams on 70% for the first time since 2015

Cape Town dams on 70% for the first time since 2015

Cape Town's dam levels have hit the 70% mark but experts say Capetonians still have to be cautious in their water consumption.

Plan to ease CT water restrictions sends right tourism message, says scientist

Plan to ease CT water restrictions sends right tourism message, says scientist

Cape Town's deputy mayor, Ian Neilson, announced that the city would be relaxing its water restrictions from Level 6B to Level 5.

City of Cape Town relaxes water restrictions to Level 5

City of Cape Town relaxes water restrictions to Level 5

Alderman Ian Neilson says the City couldn't wait any longer for DWS to respond but took it upon itself to relax the restrictions.

Experts predict it could take another year to get dam levels in CT to 100%

Experts predict it could take another year to get dam levels in CT to 100%

Hydro-climatologist Piotr Wolski says although the dams are looking better it doesn't mean we should go back to our old ways.

Popular articles
Charity loses R39k event deposit after previous Ritz Hotel management goes awol

Charity loses R39k event deposit after previous Ritz Hotel management goes awol

The Ritz Hotel is under new management and the money paid to previous management has still not been refunded.

DStv Premium on a downward spiral, warns tech guru

DStv Premium on a downward spiral, warns tech guru

DStv has lost about 140 000 Premium subscribers to Netflix over the past two years, tech expert Arthur Goldstuck.

Sentencing of Parktown Boys' Collan Rex postponed

Sentencing of Parktown Boys' Collan Rex postponed

Eyewitness News reporter Kgomotso Modise gives a summary of the proceedings of the sentencing of Collan Rex.

Athol Trollip: We respect the court's judgment

Athol Trollip: We respect the court's judgment

Trollip says the DA respects that NMB has a new government, saying that he has learned fundamental lessons about coalitions.

Don't blame racism on illness says Eusebius

Don't blame racism on illness says Eusebius

Eusebius McKaiser says it is not unethical for the media to accurately quote the word k***ir if it was used by someone.

Key things to consider ahead of your retirement

Key things to consider ahead of your retirement

If you’re a baby boomer on the brink of retirement, here are a few things to consider ahead of time.