In conversation | Navigating uncertainty in Cape Town

Investec Focus Radio SA

In this episode, journalist Ferial Haffajee hosts a discussion with Cumesh Moodliar, Fumani Mthembi, Ravi Naidoo, Reyburn Hendricks, and Wrenelle Stander. They explore the challenges and opportunities facing Cape Town and South Africa as they navigate uncertainty and work toward sustainable economic growth.
The conversation delves into various topics, including the impact of dropping the licensing cap on independent power producers like Pele Energy Group and the positive outcomes it has brought. They also discuss the global energy revolution and how South Africa can leverage this momentum for its benefit.
The CEO initiative is examined, focusing on its impact and sustainability beyond elections. This analysis takes into account the significance of private capital in generating public good, as well as the role of public-private partnerships in driving economic development.
The discussion also touches on the growth of Cape Town's aviation and cruise industries, showcasing the positive impact on the tourism sector. The issue of youth unemployment is addressed, with a focus on finding innovative solutions to integrate young people into the economy.
Overall, this episode provides valuable insights into the challenges and opportunities faced by Cape Town and South Africa, highlighting the importance of collaboration and forward-thinking strategies for sustainable growth.
Skip ahead
00:00 Intro
03:05 The impact of removing the licensing cap on independent power producers, such as Pele Energy Group.
05:58 Example of Pele’s impact on rural communities in the Western Cape
07:53 The energy revolution
09:24 The CEO initiative
10:08 How sustainable are the decisions taken by the CEO initiative post-election?
12:04 What is the impact of the Queen Mary 2 and Queen Victoria cruise ships docking in Cape Town's harbour on the city's tourism industry?
14:11 Youth unemployment and how PPPs are finding innovative solutions to integrate young people into the economy.
19:56 Is the private sector assuming responsibilities that should be handled by the state?
23:01 How is Cape Town driving this great growth strategy?
27:11 How do we filter this growth into the rest of the country? Full article · Investec Focus Radio SA