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Cape Town’s Project Ithuba attracts R 550m in Just 3 months, claims city official

Project Ithuba is the city's new economic development plan.
CoCT explains R65m irregular expenditure in recent financial year

The City of Cape Town says it has grown it’s economy in the clothing, technology and the call centre sectors by about 500-million-rand in the last three months – creating 500 new jobs in the process.

This was revealed by Mayoral Committee Member for Economic Opportunities, James Vos, who gave credit for this development to Project Ithuba, the city’s new economic development plan.

Speaking on Project Ithuba Vos said,

Project Ithuba is specifically aimed at igniting and giving much more resources and implementation towards those growth sectors. My job is to make sure that my department fully understands the important role these growth sectors are playing in the Cape Town economy so that we can align our budgeting and implementation towards these growth sectors and give much more attention to those sectors that put Cape Town ahead of the curve.

ANA

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