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# Cape Town · page 5

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From Wikipedia, [«Cape Town»](https://en.wikipedia.org/wiki/Cape_Town), revision of the 2026-09-01 dump, [CC BY-SA 4.0](https://creativecommons.org/licenses/by-sa/4.0/). The trees and pragmatics of these pages, Mova's parse of that text, are CC BY-SA 4.0 too.

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As of 2024, Cape Town's labor force consists of 1.1 million workers.[410](../../410/ "tree and pragmatics") The largest sector in Cape Town is the professional and business services industry, which accounts for 29.61% of the city's workforce.[411](../../411/ "tree and pragmatics")

Cape Town is home to the headquarters of many of South Africa's largest companies, across a variety of industries, many of which are located in its [CBD](https://en.wikipedia.org/wiki/Cape_Town_CBD).[412](../../412/ "tree and pragmatics") As of 2022 data, 8 of South Africa's 50 [largest companies by annual revenue](https://en.wikipedia.org/wiki/List_of_largest_companies_in_South_Africa) were headquartered in Cape Town.[413](../../413/ "tree and pragmatics")

Cape Town has significantly above-average economic performance amongst its South African [metropolitan peers](https://en.wikipedia.org/wiki/Metropolitan_municipality_%28South_Africa%29), and numerous companies have moved employees and their headquarters to the city in recent years.[\[177\]](../../page/10/#ref-177 "note 177")[414](../../414/ "tree and pragmatics") In 2025, according to [Statistics South Africa](https://en.wikipedia.org/wiki/Statistics_South_Africa) (Stats SA), Cape Town had the lowest unemployment rate out of all South African cities.[415](../../415/ "tree and pragmatics")

### Major industries

Cape Town's economy consists of a diverse mix of industries.[416](../../416/ "tree and pragmatics") The [professional](https://en.wikipedia.org/wiki/Professional_services), scientific, and technical services sector forms a major part of the local economy.[417](../../417/ "tree and pragmatics") This sector includes a variety of fields, such as software development, management, accounting, consulting, architecture, design, engineering, legal, and RND.[418](../../418/ "tree and pragmatics")

#### Tech

Cape Town is recognized as a global [tech](https://en.wikipedia.org/wiki/Technology_company) hub, and is considered Africa's main tech hub.[419](../../419/ "tree and pragmatics") The city is home to the headquarters of many startups and established tech companies.[420](../../420/ "tree and pragmatics") Growing at an annual rate of 8.5%, the tech industry is a major part of Cape Town's economy.[\[178\]](../../page/10/#ref-178 "note 178")[421](../../421/ "tree and pragmatics") Cape Town is home to numerous tech company headquarters, including those of Parket, Admyt, ParkUpp, Xneelo, [Jumo](https://en.wikipedia.org/wiki/Jumo), [Aerobotics](https://en.wikipedia.org/wiki/Aerobotics), Cue, Vault22, [Rain](https://en.wikipedia.org/wiki/Rain_%28telecommunications%29), and Luno.[422](../../422/ "tree and pragmatics")

[Fintech](https://en.wikipedia.org/wiki/Fintech) is a particularly strong niche for Cape Town, and the city is home to over 60 fintech [startups](https://en.wikipedia.org/wiki/Startups).[\[179\]](../../page/10/#ref-179 "note 179")[423](../../423/ "tree and pragmatics") Major fintech companies with their headquarters in Cape Town include [Yoco](https://en.wikipedia.org/wiki/Yoco), [Payfast](https://en.wikipedia.org/wiki/Payfast), [SnapScan](https://en.wikipedia.org/wiki/SnapScan), [Zapper](https://en.wikipedia.org/wiki/Zapper_%28company%29), and [Peach Payments](https://en.wikipedia.org/wiki/Peach_Payments).[424](../../424/ "tree and pragmatics")

The city also has HQs for a number of companies in the [space industry](https://en.wikipedia.org/wiki/Space_industry).[\[180\]](../../page/10/#ref-180 "note 180")[425](../../425/ "tree and pragmatics")

Cape Town is also home to the headquarters of fiber network operators [Frogfoot](https://en.wikipedia.org/wiki/Frogfoot_Networks), Octotel, and Liquid Intelligent Technologies, the latter of which operates Africa's largest independent fiber network.[426](../../426/ "tree and pragmatics") A number of entrepreneurial initiatives hosting tech [startups](https://en.wikipedia.org/wiki/Startup), such as the Sun Exchange, are located in the city.[\[181\]](../../page/10/#ref-181 "note 181")[\[182\]](../../page/10/#ref-182 "note 182")[427](../../427/ "tree and pragmatics")

In terms of foreign tech companies, Cape Town houses the Africa HQ of ecommerce company [Amazon](https://en.wikipedia.org/wiki/Amazon_%28company%29), located at [Riverlands](https://en.wikipedia.org/wiki/Riverlands_%28Cape_Town%29), as well as the second global hub of fintech [ClearScore](https://en.wikipedia.org/wiki/ClearScore).[428](../../428/ "tree and pragmatics")

#### Retail

Cape Town is a hub for South Africa's [retail industry](https://en.wikipedia.org/wiki/Retailing_in_South_Africa) as a whole, with the city housing the headquarters of nine of South Africa's major retail companies, including all but one of its largest [supermarket](https://en.wikipedia.org/wiki/Supermarket) chains.[429](../../429/ "tree and pragmatics")

Major brick and mortar retailers headquartered in Cape Town include [Woolworths](https://en.wikipedia.org/wiki/Woolworths_%28South_Africa%29) (including [Absolute Pets](https://en.wikipedia.org/wiki/Absolute_Pets)); [Pick n Pay](https://en.wikipedia.org/wiki/Pick_n_Pay); [Shoprite](https://en.wikipedia.org/wiki/Shoprite_Holdings_Ltd) (including [Checkers](https://en.wikipedia.org/wiki/Checkers_%28supermarket_chain%29) and [Petshop Science](https://en.wikipedia.org/wiki/Petshop_Science)); [Pepkor](https://en.wikipedia.org/wiki/Pepkor) (including [Pep](https://en.wikipedia.org/wiki/Pep_%28South_Africa%29) and [Ackermans](https://en.wikipedia.org/wiki/Ackermans)); [MRP](https://en.wikipedia.org/wiki/Mr_Price_Group); [TFG](https://en.wikipedia.org/wiki/TFG_Limited) (including Foschini, Sportscene, TotalSports, and Bash); [Clicks](https://en.wikipedia.org/wiki/Clicks_%28South_Africa%29) (including [Sorbet](https://en.wikipedia.org/wiki/Sorbet_%28South_Africa%29)); [Truworths](https://en.wikipedia.org/wiki/Truworths); and [Cape Union Mart](https://en.wikipedia.org/wiki/Cape_Union_Mart).[430](../../430/ "tree and pragmatics")

South Africa's largest online retailer, [Takealot](https://en.wikipedia.org/wiki/Takealot_Group) (including home delivery subsidiary Mr D) has its headquarters in [Cape Town CBD](https://en.wikipedia.org/wiki/Cape_Town_CBD).[431](../../431/ "tree and pragmatics")

Other, smaller retailers headquartered in Cape Town include [Yuppiechef](https://en.wikipedia.org/wiki/Yuppiechef), [Stodels](https://en.wikipedia.org/wiki/Stodels), and Wootware.[432](../../432/ "tree and pragmatics")

#### Media

[Mass media](https://en.wikipedia.org/wiki/Mass_media) is another of Cape Town's major industries.[433](../../433/ "tree and pragmatics") The city is home to the headquarters of numerous of South Africa's largest print and digital news publications.[434](../../434/ "tree and pragmatics") Some of these are part of large mass media corporations, while others are independent, like [Daily Maverick](https://en.wikipedia.org/wiki/Daily_Maverick).[435](../../435/ "tree and pragmatics")

The headquarters of eMedia are located in Cape Town. eMedia operates South Africa's largest privately-owned [free-to-air](https://en.wikipedia.org/wiki/Free-to-air) [television](https://en.wikipedia.org/wiki/Television) station, [e.tv](https://en.wikipedia.org/wiki/E.tv), as well as major digital news publication eNCA.[436](../../436/ "tree and pragmatics")

Cape Town is also home to the headquarters of South Africa's largest mass media corporation, and the country's third-largest listed company by annual revenue, [Naspers](https://en.wikipedia.org/wiki/Naspers).[437](../../437/ "tree and pragmatics") Located in the [Media24 Centre](https://en.wikipedia.org/wiki/Media24_Centre), Naspers owns numerous national publications through its subsidiary, [Media24](https://en.wikipedia.org/wiki/Media24).[438](../../438/ "tree and pragmatics") These include [News24](https://en.wikipedia.org/wiki/News24_%28website%29)), as well as its Afrikaans sister publication, Netwerk24.[439](../../439/ "tree and pragmatics")

Other media companies headquartered in the city include business publication company Topco Media, and magazine publisher Highbury Safika Media.[440](../../440/ "tree and pragmatics") The city also has a regional office for [Primedia](https://en.wikipedia.org/wiki/Primedia).[441](../../441/ "tree and pragmatics")

#### Film

The city has the largest film industry in the [Southern Hemisphere](https://en.wikipedia.org/wiki/Southern_Hemisphere)[\[183\]](../../page/10/#ref-183 "note 183") generating R5 billion (US$476.19 million) in revenue and providing an estimated 6,058 direct and 2,502 indirect jobs in 2013.[\[184\]](../../page/10/#ref-184 "note 184")[442](../../442/ "tree and pragmatics") Much of the industry is based out of the [Cape Town Film Studios](https://en.wikipedia.org/wiki/Cape_Town_Film_Studios).[443](../../443/ "tree and pragmatics")

#### Conferences

In recent years, Cape Town, has become a global [conference](https://en.wikipedia.org/wiki/Conference) hub, and a highly desirable place to host delegates for [meetings](https://en.wikipedia.org/wiki/Meetings).[444](../../444/ "tree and pragmatics") The [Cape Town International Convention Centre](https://en.wikipedia.org/wiki/Cape_Town_International_Convention_Centre) (CTICC) in Cape Town's [CBD](https://en.wikipedia.org/wiki/Cape_Town_CBD) hosts many large conferences throughout each year.[445](../../445/ "tree and pragmatics") The city has been increasing in popularity in this regard, and in June 2025, it was reported that Cape Town had reached 35th place globally in the International Congress and Convention Association's (ICCA) rankings of popular destinations for international association meetings.[\[185\]](../../page/10/#ref-185 "note 185")[446](../../446/ "tree and pragmatics")

The report highlighted that Cape Town hosted 58 such meetings in 2024, which constitutes 60% of the total hosted across South Africa that year.[447](../../447/ "tree and pragmatics") Cape Town also placed among the top 10 cities worldwide for average attendance per event, with an average of 717 delegates per meeting.[448](../../448/ "tree and pragmatics")

The Western Cape's official tourism, trade, and investment promotion agency, Wesgro, stated that Cape Town and the Western Cape Convention Bureau secured 36 new conference bids in the 2024/25 financial year alone.[449](../../449/ "tree and pragmatics") These events are expected to generate [R](https://en.wikipedia.org/wiki/South_African_rand)745 million in economic impact, and attract over 27,000 delegates through to 2028.[\[185\]](../../page/10/#ref-185 "note 185")[450](../../450/ "tree and pragmatics")

In 2026, Cape Town was named Africa's Leading Meetings & Conference Destination at the World Travel Awards.[\[20\]](../../page/10/#ref-20 "note 20")[451](../../451/ "tree and pragmatics")

#### Renewable energy

The majority of South Africa's growing [renewable energy](https://en.wikipedia.org/wiki/Renewable_energy) industry is based in the Western Cape.[\[186\]](../../page/10/#ref-186 "note 186")[452](../../452/ "tree and pragmatics") Numerous domestic renewable energy companies are headquartered in Cape Town, including [Charge](https://en.wikipedia.org/wiki/Charge_%28South_Africa%29), [Rubicon](https://en.wikipedia.org/wiki/Rubicon_Group), Treetops, [SOLA Group](https://en.wikipedia.org/wiki/SOLA_Group), [Anthem](https://en.wikipedia.org/wiki/Anthem_%28energy_company%29), [Mulilo](https://en.wikipedia.org/wiki/Mulilo), [Phelan Green Group](https://en.wikipedia.org/wiki/Phelan_Green_Group), [GreenCape](https://en.wikipedia.org/wiki/GreenCape), [Red Rocket Energy](https://en.wikipedia.org/wiki/Red_Rocket_Energy), [NOA Group](https://en.wikipedia.org/wiki/NOA_Group), African Clean Energy Developments, and G7 Renewable Energies.[453](../../453/ "tree and pragmatics") Foreign renewable companies with regional HQs in Cape Town include [ABO Energy](https://en.wikipedia.org/wiki/ABO_Energy), [Acciona Energía](https://en.wikipedia.org/wiki/Acciona_Energía), [ACWA Power](https://en.wikipedia.org/wiki/ACWA_Power), [EDF Renewables](https://en.wikipedia.org/wiki/EDF_Renewables), Globeleq, JUWI, RES, and [Mainstream Renewable Power](https://en.wikipedia.org/wiki/Mainstream_Renewable_Power).[\[187\]](../../page/10/#ref-187 "note 187")[454](../../454/ "tree and pragmatics")

All in all, 15 of SA's [23 major](https://en.wikipedia.org/wiki/Renewable_energy_in_South_Africa#Energy_providers) renewable energy [independent power producers](https://en.wikipedia.org/wiki/Independent_power_producers) (IPPs), amounting to 65%, have their headquarters in Cape Town.[455](../../455/ "tree and pragmatics")

#### Boat building

Cape Town has in recent years positioned itself as a notable player in the [boat building](https://en.wikipedia.org/wiki/Boat_building) industry.[456](../../456/ "tree and pragmatics") The city has become a regional hub for the sector, and is home to numerous boat building yards.[457](../../457/ "tree and pragmatics") Robertson and Caine, one of the world’s largest producers of luxury [catamarans](https://en.wikipedia.org/wiki/Catamaran), is headquartered in the city, as is high-tech racing yacht company Cape Racing Yachts, and superyacht specialist Southern Wind.[458](../../458/ "tree and pragmatics") Cape Town is home to a skilled boat building workforce and a dedicated group of artisans in the industry, and the city produces more luxury catamarans than any other city in the world.[\[188\]](../../page/10/#ref-188 "note 188")[\[189\]](../../page/10/#ref-189 "note 189")[459](../../459/ "tree and pragmatics")

#### Tourism

The Western Cape is a highly important tourist region in South Africa; the tourism industry accounts for 9.8% of the GDP of the province and employs 9.6% of the province's workforce.[\[190\]](../../page/10/#ref-190 "note 190")[460](../../460/ "tree and pragmatics")

In 2024, Cape Town had its busiest tourist season ever.[461](../../461/ "tree and pragmatics") Over 2.4 million tourists visited the city, spending around [R](https://en.wikipedia.org/wiki/South_African_rand)25 billion and supporting over 106,000 jobs (around 7% of the city's total employment).[462](../../462/ "tree and pragmatics") Cape Town is directly connected to 31 global destinations, with 226 international flights each week during its peak tourist season.[\[191\]](../../page/10/#ref-191 "note 191")[463](../../463/ "tree and pragmatics")

Cape Town is not only a popular international tourist destination in [South Africa](https://en.wikipedia.org/wiki/South_Africa) [corpus](../../../South_Africa/ "in our corpus"), but [Africa](https://en.wikipedia.org/wiki/Africa) as a whole.[464](../../464/ "tree and pragmatics") This is in part due to its mild climate, natural setting, costal geography, and well-developed infrastructure.[465](../../465/ "tree and pragmatics")

The city has several well-known natural features that attract tourists, most notably [Table Mountain](https://en.wikipedia.org/wiki/Table_Mountain),[\[192\]](../../page/10/#ref-192 "note 192") which forms a large part of the [Table Mountain National Park](https://en.wikipedia.org/wiki/Table_Mountain_National_Park) and is the back end of the [City Bowl](https://en.wikipedia.org/wiki/City_Bowl,_Cape_Town).[466](../../466/ "tree and pragmatics") Reaching the top of the mountain can be achieved either by hiking up, or by taking the [Table Mountain Cableway](https://en.wikipedia.org/wiki/Table_Mountain_Cableway).[467](../../467/ "tree and pragmatics") [Cape Point](https://en.wikipedia.org/wiki/Cape_Point) is the dramatic headland at the end of the [Cape Peninsula](https://en.wikipedia.org/wiki/Cape_Peninsula).[\[193\]](../../page/10/#ref-193 "note 193")[468](../../468/ "tree and pragmatics")

Many tourists also drive along [Chapman's Peak Drive](https://en.wikipedia.org/wiki/Chapman%27s_Peak), a narrow road that links [Noordhoek](https://en.wikipedia.org/wiki/Noordhoek,_Cape_Town) with [Hout Bay](https://en.wikipedia.org/wiki/Hout_Bay,_Cape_Town), for the views of the Atlantic Ocean and nearby mountains.[469](../../469/ "tree and pragmatics") It is possible to either drive or hike up [Signal Hill](https://en.wikipedia.org/wiki/Signal_Hill_%28Cape_Town%29) for closer views of the [CBD](https://en.wikipedia.org/wiki/Cape_Town_CBD), City Bowl area, and Table Mountain.[\[194\]](../../page/10/#ref-194 "note 194")[470](../../470/ "tree and pragmatics")

Tourists also commonly visit [Cape Town's beaches](https://en.wikipedia.org/wiki/Beaches_of_Cape_Town), which are also very popular with local residents.[\[195\]](../../page/10/#ref-195 "note 195")[471](../../471/ "tree and pragmatics") It is possible to visit several different beaches in the same day, each with a different setting and atmosphere.[472](../../472/ "tree and pragmatics") Both coasts are popular, although the beaches in affluent [Clifton](https://en.wikipedia.org/wiki/Clifton,_Cape_Town) and elsewhere on the Atlantic Coast are better developed, with restaurants and cafés lining Beach Road, alongside the various beaches.[473](../../473/ "tree and pragmatics")

The [Atlantic Seaboard](https://en.wikipedia.org/wiki/Atlantic_Seaboard,_Cape_Town), known as Cape Town's [Riviera](https://en.wikipedia.org/wiki/Riviera), is regarded as one of the most scenic routes in South Africa; along the slopes of the Twelve Apostles to the boulders and white sand beaches of [Llandudno](https://en.wikipedia.org/wiki/Llandudno,_Cape_Town), with the route ending in [Hout Bay](https://en.wikipedia.org/wiki/Hout_Bay), a diverse suburb with a fishing and recreational boating harbour near a small island with a breeding colony of [African fur seals](https://en.wikipedia.org/wiki/Brown_fur_seal).[474](../../474/ "tree and pragmatics")

Hout Bay is also accessible by road from the [Constantia](https://en.wikipedia.org/wiki/Constantia,_Cape_Town) Valley, over the mountains to the northeast, and via the picturesque [Chapman's Peak](https://en.wikipedia.org/wiki/Chapman%27s_Peak) drive, from the residential suburb of [Noordhoek](https://en.wikipedia.org/wiki/Noordhoek,_Cape_Town), situated in the [False Bay](https://en.wikipedia.org/wiki/False_Bay) area to the south-east.[\[196\]](../../page/10/#ref-196 "note 196")[475](../../475/ "tree and pragmatics") [Boulders Beach](https://en.wikipedia.org/wiki/Boulders_Beach) near [Simon's Town](https://en.wikipedia.org/wiki/Simon%27s_Town) is known for its colony of [African penguins](https://en.wikipedia.org/wiki/African_penguin).[\[197\]](../../page/10/#ref-197 "note 197")[476](../../476/ "tree and pragmatics")

The city has a rich history, and several notable cultural attractions.[477](../../477/ "tree and pragmatics") Within [Cape Town CBD](https://en.wikipedia.org/wiki/Cape_Town_CBD) there are the [Artscape](https://en.wikipedia.org/wiki/Artscape_Theatre_Centre) and [District Six Homecoming Center](https://en.wikipedia.org/wiki/Fugard) theaters, The Houses of [Parliament](https://en.wikipedia.org/wiki/Parliament_of_South_Africa), the Iziko museums and Planetarium, the South African National Gallery, the [Castle of Good Hope](https://en.wikipedia.org/wiki/Castle_of_Good_Hope), and [The Company's Garden](https://en.wikipedia.org/wiki/Company%27s_Garden) (South Africa's oldest park).[478](../../478/ "tree and pragmatics") The CBD is also home to many coffeehouses, as well as numerous restaurants that provide a variety of local cuisine options.[479](../../479/ "tree and pragmatics")

The [Victoria & Alfred Waterfront](https://en.wikipedia.org/wiki/Victoria_&_Alfred_Waterfront) is a mixed-use development built on top of part of the [docks](https://en.wikipedia.org/wiki/Dock_%28maritime%29) of the [Port of Cape Town](https://en.wikipedia.org/wiki/Port_of_Cape_Town), and is the city's most-visited tourist attraction.[480](../../480/ "tree and pragmatics") It is also one of the city's most popular shopping venues, with several hundred shops as well as the [Two Oceans Aquarium](https://en.wikipedia.org/wiki/Two_Oceans_Aquarium).[\[198\]](../../page/10/#ref-198 "note 198")[\[199\]](../../page/10/#ref-199 "note 199")[481](../../481/ "tree and pragmatics")

The V&A also hosts the Nelson Mandela Gateway, through which [ferries](https://en.wikipedia.org/wiki/Ferry) depart for [Robben Island](https://en.wikipedia.org/wiki/Robben_Island).[\[200\]](../../page/10/#ref-200 "note 200")[482](../../482/ "tree and pragmatics") It is possible to take a ferry from the V&A to [Hout Bay](https://en.wikipedia.org/wiki/Hout_Bay,_Cape_Town), [Simon's Town](https://en.wikipedia.org/wiki/Simon%27s_Town,_Cape_Town) and the [Cape fur seal](https://en.wikipedia.org/wiki/Cape_fur_seal) colonies on Seal and Duiker Islands.[483](../../483/ "tree and pragmatics") Several companies offer tours of the [Cape Flats](https://en.wikipedia.org/wiki/Cape_Flats), a region of mostly Coloured & Black [townships](https://en.wikipedia.org/wiki/Township_%28South_Africa%29).[\[201\]](../../page/10/#ref-201 "note 201")[484](../../484/ "tree and pragmatics")

Within the metropolitan area, the most popular areas for visitors to stay include [Camps Bay](https://en.wikipedia.org/wiki/Camps_Bay), [Sea Point](https://en.wikipedia.org/wiki/Sea_Point), the [V&A Waterfront](https://en.wikipedia.org/wiki/Victoria_&_Alfred_Waterfront), the [CBD](https://en.wikipedia.org/wiki/Cape_Town_CBD), [Hout Bay](https://en.wikipedia.org/wiki/Hout_Bay), [Constantia](https://en.wikipedia.org/wiki/Constantia,_Cape_Town), [Rondebosch](https://en.wikipedia.org/wiki/Rondebosch), [Newlands](https://en.wikipedia.org/wiki/Newlands,_Cape_Town), and [Somerset West](https://en.wikipedia.org/wiki/Somerset_West).[\[202\]](../../page/10/#ref-202 "note 202")[485](../../485/ "tree and pragmatics") In November 2013, Cape Town was voted the best global city in [The Daily Telegraph](https://en.wikipedia.org/wiki/The_Daily_Telegraph)'s annual Travel Awards.[\[203\]](../../page/10/#ref-203 "note 203")[486](../../486/ "tree and pragmatics")

Cape Town offers tourists a range of air-, land-, and sea-based adventure activities, including helicopter rides, [paragliding](https://en.wikipedia.org/wiki/Paragliding) and [skydiving](https://en.wikipedia.org/wiki/Skydiving), snorkelling and [scuba diving](https://en.wikipedia.org/wiki/Scuba_diving), boat trips, game-fishing, hiking, mountain biking, and rock climbing.[487](../../487/ "tree and pragmatics") [Surfing](https://en.wikipedia.org/wiki/Surfing) is popular in the city, along both coasts, and Cape Town hosts the [Red Bull Big Wave Africa](https://en.wikipedia.org/wiki/Red_Bull_Big_Wave_Africa) surfing competition every year.[488](../../488/ "tree and pragmatics") The city also has some local and international recreational scuba tourism.[\[204\]](../../page/10/#ref-204 "note 204")[489](../../489/ "tree and pragmatics")

The [City of Cape Town](https://en.wikipedia.org/wiki/City_of_Cape_Town) works closely with [Cape Town Tourism](https://en.wikipedia.org/wiki/Cape_Town_Tourism) (CTT), the body tasked with promoting tourism in the city.[490](../../490/ "tree and pragmatics") Being the official destination [marketing](https://en.wikipedia.org/wiki/Marketing) agency for Cape Town, CTT has a mandate from the city to advocate for and promote tourism in the Cape Town metropolitan area, to both local and foreign markets.[491](../../491/ "tree and pragmatics")

The primary focus of Cape Town Tourism is to represent and advocate for Cape Town as an appealing tourist destination, as well as to track and report on metrics related to tourism in Cape Town (which CTT does as part of its Annual Report, published online).[\[205\]](../../page/10/#ref-205 "note 205")[\[206\]](../../page/10/#ref-206 "note 206")[492](../../492/ "tree and pragmatics") Cape Town Tourism receives a portion of its funding from the City of Cape Town while the remainder is made up of membership fees and own-generated funds.[\[207\]](../../page/10/#ref-207 "note 207")[493](../../493/ "tree and pragmatics")

The [Tristan da Cunha](https://en.wikipedia.org/wiki/Tristan_da_Cunha) government owns and operates a lodging facility in Cape Town which charges discounted rates to Tristan da Cunha residents and non-resident natives.[\[208\]](../../page/10/#ref-208 "note 208")[494](../../494/ "tree and pragmatics") Cape Town's transport system links it to the rest of South Africa; it serves as the gateway to other destinations within the province.[495](../../495/ "tree and pragmatics") The [Cape Winelands](https://en.wikipedia.org/wiki/Cape_Winelands) and in particular the towns of [Stellenbosch](https://en.wikipedia.org/wiki/Stellenbosch,_Western_Cape), [Paarl](https://en.wikipedia.org/wiki/Paarl,_Western_Cape) and [Franschhoek](https://en.wikipedia.org/wiki/Franschhoek,_Western_Cape) are popular day trips from the city for sightseeing and [wine tasting](https://en.wikipedia.org/wiki/Wine_tasting).[\[209\]](../../page/10/#ref-209 "note 209")[\[210\]](../../page/10/#ref-210 "note 210")[496](../../496/ "tree and pragmatics")

### Other

Other local industries include insurance, publishing, design, fashion, shipping, petrochemicals, architecture, advertising, legal, and real estate.[\[211\]](../../page/10/#ref-211 "note 211")[497](../../497/ "tree and pragmatics")

Aside from fintech, numerous traditional [financial](https://en.wikipedia.org/wiki/Finance) firms are based in Cape Town, including [Coronation Fund Managers](https://en.wikipedia.org/wiki/Coronation_Fund_Managers), [Ninety One Limited](https://en.wikipedia.org/wiki/Ninety_One_Limited), [Old Mutual](https://en.wikipedia.org/wiki/Old_Mutual), [Sanlam](https://en.wikipedia.org/wiki/Sanlam), [10X Investments](https://en.wikipedia.org/wiki/10X_Investments), [Santam](https://en.wikipedia.org/wiki/Santam), and [Allan Gray](https://en.wikipedia.org/wiki/Allan_Gray_%28company%29).[498](../../498/ "tree and pragmatics")

Two of SA's largest food manufacturers, [Pioneer Foods](https://en.wikipedia.org/wiki/Pioneer_Foods) (which includes [Bokomo](https://en.wikipedia.org/wiki/Bokomo) products) and Oceana Group, are headquartered in Cape Town.[499](../../499/ "tree and pragmatics") A further two - Sea Harvest and I&J, have regional facilities in the city.[500](../../500/ "tree and pragmatics")

In terms of the oil and gas industry, Cape Town is home to the headquarters of [Engen Petroleum](https://en.wikipedia.org/wiki/Engen_Petroleum), South Africa's largest gas station operator by number of locations.[501](../../501/ "tree and pragmatics") The country's largest operational oil refinery, the [Astron Energy](https://en.wikipedia.org/wiki/Astron_Energy) Refinery, is also based in Cape Town.[502](../../502/ "tree and pragmatics")

Companies headquartered in the city that are not covered in the dedicated industry sections above include [Travelstart](https://en.wikipedia.org/wiki/Travelstart), [Webafrica](https://en.wikipedia.org/wiki/Webafrica), [MWEB](https://en.wikipedia.org/wiki/MWEB), [LIFT](https://en.wikipedia.org/wiki/LIFT_%28airline%29), [Pam Golding Properties](https://en.wikipedia.org/wiki/Pam_Golding_Properties), [Levi Strauss South Africa](https://en.wikipedia.org/wiki/Levi_Strauss_&_Co.), and [Adidas South Africa](https://en.wikipedia.org/wiki/Adidas).[503](../../503/ "tree and pragmatics") The [RE/MAX](https://en.wikipedia.org/wiki/RE/MAX) Southern Africa office is also in Cape Town.[504](../../504/ "tree and pragmatics")

The city is a manufacturing base for companies including [Hisense](https://en.wikipedia.org/wiki/Hisense), [GlaxoSmithKline](https://en.wikipedia.org/wiki/GlaxoSmithKline), [Johnson & Johnson](https://en.wikipedia.org/wiki/Johnson_&_Johnson), and [Kimberly-Clark](https://en.wikipedia.org/wiki/Kimberly-Clark).[505](../../505/ "tree and pragmatics")

### Inequality

The city of Cape Town's [Gini coefficient](https://en.wikipedia.org/wiki/Gini_coefficient) of 0.58[\[212\]](../../page/10/#ref-212 "note 212") is lower than South Africa's Gini coefficient of 0.7.[506](../../506/ "tree and pragmatics") This makes it more equal than the rest of the country, including any other major South African city, although still highly unequal by international standards.[\[213\]](../../page/10/#ref-213 "note 213")[\[214\]](../../page/10/#ref-214 "note 214")[507](../../507/ "tree and pragmatics")

Between 2001 and 2010 the city's Gini coefficient, a measure of inequality, improved by dropping from 0.59 in 2007 to 0.57 in 2010[\[215\]](../../page/10/#ref-215 "note 215") only to increase to 0.58 by 2017.[\[216\]](../../page/10/#ref-216 "note 216")[508](../../508/ "tree and pragmatics")

## Housing

Cape Town has a mix of [detached](https://en.wikipedia.org/wiki/Detached_house) [homes](https://en.wikipedia.org/wiki/Home) of various sizes, [townhouses](https://en.wikipedia.org/wiki/Townhouses), and [apartments](https://en.wikipedia.org/wiki/Apartments).[509](../../509/ "tree and pragmatics") Certain [neighbourhoods](https://en.wikipedia.org/wiki/Neighbourhoods) (especially older ones and those in the [Southern Suburbs](https://en.wikipedia.org/wiki/Southern_Suburbs,_Cape_Town)) tend to be dominated by larger, detached houses on separate plots of land, with parks and tree-lined streets.[510](../../510/ "tree and pragmatics") Newer suburbs, and those in the [Northern Suburbs](https://en.wikipedia.org/wiki/Northern_Suburbs,_Cape_Town), feature more of a mix of housing types, including low- and high-rise buildings and townhouse developments.[\[217\]](../../page/10/#ref-217 "note 217")[511](../../511/ "tree and pragmatics")

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