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FROM RETAIL TO REMOTE WORKING This report is published by the Cape Town Central City Improvement District (CCID), a public-private partnership created in 2000 and the first city improvement district (CID) in Cape Town. The annual publication provides a comprehensive overview of the business of doing business in the Cape Town CBD. The report analyses the state of the Central City, from property values to the diverse range of commercial sectors that have always supported its economy. It also considers other trends. Cape Town is a recognised tourism and eventing destination, and a magnet for businesses operating across the retail spectrum. It has an active legal fraternity, a well-serviced financial services sector and is a creative centre for the communications and design businesses that operate within the CBD. In recent years, Cape Town has also begun to make its mark as a digital

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doing business in the central city

Building resilience for a prosperous future

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city. It is a recognised technology, business process outsourcing (BPO) and e-commerce hub, with reliable infrastructure, fast internet speeds and a commitment to supporting a young workforce. The city is home to the most tech start-ups on the continent. The BPO sector supports call centres for global companies and online retailers, with a steady pipeline of call-centre employees. Despite these positives, Cape Town’s success hinges on the city’s ability to prepare for, and guard against, the impact of climate change and its attendant consequences. Most notably, Cape Town learned some significant lessons during the 2018 drought. Capetonians rose to the challenge, averting Day Zero with globally recognised success. Businesses are also taking steps to manage their resources more effectively.

Profile for Cape Town Central City Improvement District

The State of Cape Town Central City Report 2018  

Looking back at 2018 in terms of the economic and investment climate of the Cape Town CBD.

The State of Cape Town Central City Report 2018  

Looking back at 2018 in terms of the economic and investment climate of the Cape Town CBD.

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