Mossel Bay, Bredasdorp star Cape performers

29 November 2016 - 02:04 By DAVE CHAMBERS and ARON HYMAN

The secret to recovering from the 2009 recession lies hidden in Western Cape towns of Mossel Bay and Bredasdorp.That is the conclusion of a Stellenbosch University academic, who says the two towns have been star performers in terms of bouncing back from the recession sparked by the 2007 global financial crisis.Pieter Laubscher, a consultant at the Bureau for Economic Research, scored the towns highest for their ability to resist the recession and to recover from it.He said their municipalities - Mossel Bay is in the Eden district and Bredasdorp in the Overberg - "may provide policymakers with pointers as to how to revive Western Cape's growth path".Jaco Louw, deputy chairman of the Cape Agulhas Business Chamber, said the towns' success could be attributed to an influx of Gauteng people and foreigners moving to nearby seaside villages such as Struisbaai.Louw said the service industry in Bredasdorp was booming, but that farmers were struggling to find workers as most locals found employment in the construction industry.Laubscher's study of the Western Cape economy, which accounts for 14% of gross domestic product, finds that Eden and Overberg districts are growing rapidly, largely thanks to the services sector."The growth of the catering and accommodation sector [and retail in Eden] is symptomatic of the vibrancy of tourism in most districts, notably the Winelands, Eden and the Overberg," he said."The agricultural sector remains a cornerstone of the province and, linked with tourism, has come to the fore as a key contemporary source of economic expansion."..

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