Article re-cap
- Cape Town recorded R18.9 billion in investments during the 2025/26 financial year through industry partnerships.
- City funded projects have directly linked to the creation of 15,948 jobs in Cape Town.
- Investment projects are delivered through Special Purpose Vehicle partners in sectors including marine manufacturing, ICT, and green manufacturing.
- The City of Cape Town focuses on creating growth conditions and ensuring local residents have the skills needed for new economic opportunities.
Cape Town recorded R18.9 billion in investments and 15,948 direct jobs during the 2025/26 financial year through industry partnerships, according to Alderman James Vos.
City of Cape Town Mayoral Committee Member for Economic Growth, Alderman James Vos, said partnerships with key industry bodies are strengthening priority growth sectors. These projects are delivered through the City’s Special Purpose Vehicle partners operating in industries such as marine manufacturing, business process outsourcing, clothing and textiles, ICT, the creative economy, and green manufacturing.
The 15,948 jobs mentioned are directly linked to City-funded projects, while the R18.9 billion in investments supports further economic activity across the broader economy, according to the report. Partners such as Wesgro also support investment attraction and trade development for Cape Town and the Western Cape.
Alderman Vos said the role of the City is to create conditions for businesses to grow and ensure Capetonians have the skills needed to participate in created opportunities. He noted that industry partnerships can open doors to sustainable careers in manufacturing, technology, tourism, or the green economy.
Specific examples of programme impacts include Tsepo Phetla, who transitioned from a school assistant to a cyber security analyst at a multinational clothing and textile company after completing a software development programme through UVU Africa. Another graduate, Leroy Rudolf, completed a Yacht and Boat Building course at False Bay College supported by BlueCape and now works as a supervisor at a yacht-building company.
This follows earlier local coverage of Cape Town approves R868 million for economic growth.
Frequently asked questions
How much investment did Cape Town record in the 2025/26 financial year?
Cape Town recorded R18.9 billion in investments during the 2025/26 financial year through industry partnerships. This investment supports economic activity across the broader economy beyond the City-funded projects themselves.
How many direct jobs were created through City-funded projects?
The 15,948 direct jobs mentioned were specifically linked to City-funded projects delivered through the City's Special Purpose Vehicle partners operating in sectors like marine manufacturing, business process outsourcing, clothing and textiles, ICT, and the creative economy.
What priority sectors are benefiting from these industry partnerships?
Priority growth sectors include marine manufacturing, business process outsourcing, clothing and textiles, ICT, the creative economy, and green manufacturing. These industries are being strengthened through partnerships with key industry bodies coordinated by the City.
What is the City's role in these economic growth initiatives?
The City's role is to create conditions for businesses to grow and ensure Capetonians have the skills needed to participate in created opportunities. The City works through Special Purpose Vehicle partners and collaborates with bodies like Wesgro on investment attraction and trade development.
What training programmes are preparing people for these new opportunities?
Examples include a software development programme through UVU Africa that prepared Tsepo Phetla for a cyber security analyst role, and a Yacht and Boat Building course at False Bay College supported by BlueCape that led to Leroy Rudolf becoming a supervisor at a yacht-building company.
Source: mycapetown.co.za
