Cape Town plan to become the most business-friendly City in Africa - Mayor Geordin Hill-Lewis

Fri, 12 May 2023 07:29:13 +0000

South Africa has been slipping on the world’s Ease of Doing Business rankings’ occupying 84th place out of 190 economies according to a 2022 World Bank report. That report has since been replaced by a new “Business Ready” ranking and the city that plans to stand out and become the easiest place to do business in Africa is Cape Town. Cape Town Mayor Geordin Hill-Lewis has launched an ease-of-doing-business index that will track ten critical indicators. Hill-Lewis told BizNews that the index will have a special focus on enabling greater infrastructure investment. He also said that he is still confident that Cape Town will be the first city in South Africa that stops load-shedding.