Published on : Friday, November 22, 2019
Wesgro has declared that it helped in facilitating R10, 73 billion into the economy of Western Cape for the 2018/2019 financial year. Besides, Cape Town and the Western Cape’s official Tourism, Trade and Investment Promotion Agency, helped in creating over 4 000 jobs for the province.
“Wesgro has an unwavering commitment to growing the economy and creating jobs in the Western Cape and South Africa. This is what motivates our board, senior managers and staff, each and every day. To achieve this overarching objective, we set stretch targets that push our small Agency to do as much as possible with the resources it has at its disposal,” said Professor Brian Figaji, chairman of the Wesgro board.
“Wesgro plays an important role in attracting direct investment into the Western Cape, growing exports and marketing the province as a top tourist destination, and this past year they not only achieved all targets, but also exceeded a number of targets. In addition, their approach to linking business with government has built connections that are invaluable both during economic challenges and in times of prosperity. We look forward to another year of collaborative efforts to grow the economy and create jobs in the Western Cape,” said David Maynier, Minister of Finance and Economic Opportunities for the Western Cape.
“When reflecting on the 2018/19 financial year and the work of Wesgro during this challenging period, one keyword comes to mind: collaboration,” said Tim Harris, CEO of Wesgro. “The ability to work together in finding solutions, across different levels of governments, and between government and the private sector, is not easy. But it is essential in overcoming the many complex hurdles that face our economy.”
Wesgro’s Trade Promotion Unit works to endorse Cape Town and the Western Cape’s exports while making the most of the international competitiveness of exporters. The approach of the Unit is two-fold: to endorse global exports of goods and services from local companies, and to help the operations and expansion of Cape companies into the rest of Africa with the prime target of developing opportunities for economic growth and sustainable job creation.