City of Cape Town hopes night markets will revive CBD economy

File: Shoes seen at a flea market. Pixabay/Initialspb

CAPE TOWN - The City of Cape Town is breathing life back into the CBD’s economy by hosting night markets.

The series of night markets began on Saturday with a live concert and market on Greenmarket Square in honour of Heritage Month and to unite South Africans from different backgrounds.

The initiative was brought into motion to reflect the city’s commitment to helping reignite the local economy after the crippling effects of the Covid-19 pandemic.

The night markets will become a regular feature and will have fun and entertainment for the whole family.

The City’s JP Smith said it was their responsibility to create an environment that enables businesses to grow, which means an increase in job opportunities.

“The City believes having more activity and footfall at Greenmarket Square, especially in the evenings, could have a domino effect that spreads across the Central Business District,” he said.

“We need to work towards the revitalisation of tourism, events and business in our city and this is why we are collaborating with entrepreneurs who want to achieve this goal.”

Night on the Square Operations Manager, Fatima Seedat, said: “This initiative is a good example of public-private partnerships that create opportunities for emerging entrepreneurs and vendors in the city.”

Source
IRESS

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