By Thapelo Molefe
The Western Cape government says Cape Town continues to attract record levels of investment, with billions of rands flowing into property, infrastructure and new industries, while pledging that growth must also reach township economies.
Delivering his 2026 State of the Province Address on Wednesday night, Premier Alan Winde said the province is seeing “massive investment in our cities and towns,” pointing to more than R9 billion invested in Cape Town’s central business district property market last year alone. A further R24 billion mixed-use development is planned for Granger Bay.
“It’s not only investments that are growing, but our exports too,” Winde said.
“We are the jobs province. People move here for better service delivery and for economic opportunity.”
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According to figures presented in the speech, the value of building plans passed in
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