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HEAD OF DEPARTMENT’S FOREWORD

Despite the predictions of a rather dismal economic growth
trajectory for the country, it is still the intention of the Economic
Cluster in the Western Cape to ensure an enabling environment
for businesses to grow and to expand.

I believe that government’s role is to ensure that business has access
to a stable investor climate, competitive skills set, catalytic and
growth-stimulating infrastructure, and an economic environment
in which constraining red tape is reduced in an environment that
makes it easier to do business.

The Department of Economic Development and Tourism continues to commit to
ensuring that the criteria for investment, as stated above, is constantly addressed in a
dedicated and innovative manner.

The production of the Quarterly Economic Bulletin is one of the methods we use to
ensure that the engagement with businesses is in a relevant and informative way.

We hope that you will find this bulletin a useful and interactive tool in creating an
economic environment conducive to growth and prosperity for all our citizens.

Solly Fourie
Head of Department
Department of Economic Development and Tourism

2 QUARTERLY ECONOMIC BULLETIN 2016