Pro-growth interventions save Western Cape economy R2.4 billion

(Media Release: Issued and provided by the Western Cape Government)

The Western Cape Government (WCG) is determined to make it as easy as possible for the private sector to do business and create jobs in the province.

The efforts by the Department of Economic Development and Tourism’s Red Tape Reduction Unit (RTRU) and its partners, has already helped to save the provincial economy R2.4 billion between March 2019 and March 2023.

"Our aim is to make the Western Cape the easiest place to do business in South Africa so we can enable the private sector to create jobs, rather than be bogged down by unnecessary red tape and bureaucracy.

"The R2.4 billion saving enabled by the RTRU shows that our targeted approach to work with all levels of government and business is working,” said Provincial Minister of Finance and Economic Opportunities, Mireille Wenger.

This objective lies at the very core of the WCG’s bold new economic action plan, ‘Growth For Jobs’ or G4J, which aims to enable a R1 trillion jobs-rich and inclusive economy, that is growing between 4% and 6% in real terms by 2035.

Read the full press release here which also outlines the impact of the RTRU’s work as well as the top three interventions that were measured.