By Charles Molele
The DA in the Western Cape says the province’s economy is projected to expand by 1% in 2024, following a 0.6% growth in 2023.
This comes after the release of the report of the Municipal Economic Review and Outlook (MERO).
Dave Bryant, MPP – DA Western Cape Spokesperson on Local Government, Environmental Affairs and Development Planning said the Western Cape boasts an economy that is not only growing but also demonstrating resilience in the face of national and global challenges.
“Projected economic growth of 1% in 2024, following 0.6% in 2023, places the province ahead of the national average, driven by diverse and thriving sectors,” said Bryant.
“This positive trajectory positions the Western Cape ahead of the national average and reflects the success of diverse sectors contributing to the provincial economic landscape.”
Bryant said small, micro, and medium-sized enterprises (SMMEs) are central to the Western Cape’s economic
You’ve reached your free article limit
Subscribe to enjoy unlimited access to trusted journalism. Start your free trial today.
Start your FREE trial nowNeed help? molokom@insideeducation.co.za












