The City of Cape Town’s Council last week, 26 October 2017, approved the informal trading plan for the Kuils River central business district. The trading plan will unlock business opportunities by creating dedicated spaces where traders can sell their goods and contribute to economic growth in the area. Read more below:
With the City’s approval of the informal trading plan for Ward 11, the road is now paved for Kuils River and surrounding areas to have 258 demarcated trading bays at 10 sites for traders to ply their trade. The biggest site, with 179 bays, will be in the vicinity of Shoprite on the corner of Carinus and Nooiensfontein Roads. The main road in Kuils River, van Riebeeck Road, will have 15 bays, while Amandel Street and Church Street will get 20 trading bays each.
Subcouncil 21 initially put forth the request for a trading plan to be developed for the area. An inclusive public participation process followed, as stipulated in the Informal Trading By-law, giving interested parties the opportunity to comment on the draft informal trading plan.
According to the City’s Mayoral Committee Member for Area East, Councillor Ando Ntsodo, creating opportunities for residents to participate in the local economy is one of the key priorities of the City’s Organisational Development and Transformation Plan (ODTP).
‘Access to the informal economy is as important as access to the formal economy as it plays a vital role in facilitating business growth and the development of entrepreneurial skills. Informal trading creates an environment where unemployed residents can earn an income.
‘Creating business opportunities for economic inclusion is a building block of the ODTP. Not only will the establishment of informal trading bays help to alleviate poverty in the area, it will also foster a sense of community cohesion and pride,’ said Councillor Ntsodo.
The informal trading bays will be managed in terms of the City’s informal trading permitting system