New trading spaces signal growing recognition of Cape Town's street economy
Street traders across Cape Town are set to benefit from one of the city's biggest informal trading expansions in recent years after the City Council approved plans for nearly 700 new trading bays, reports Cape town Etc .
The decision, approved during Wednesday's council meeting, will create 693 additional trading opportunities across several parts of the metro, including the CBD, Bo-Kaap, Atlantis, Eerste River, Durbanville and Hanover Park.
For many Capetonians trying to survive a tough economy, the move is more than just a policy update. It represents access to income, visibility and a chance to build small businesses in a city where unemployment remains one of the biggest social pressures.
