Streaming issues? Report here
Azania Mosaka 1500 x 1500 2020 Azania Mosaka 1500 x 1500 2020
The Azania Mosaka Show
13:00 - 15:00
volume_up
volume_mute

Up Next: The John Perlman Show
See full line-up
The Azania Mosaka Show
13:00 - 15:00
Home
arrow_forward
Local

Co-working spaces attracting big and small businesses to Cape Town

22 September 2019 1:50 PM
Tags:
Cape Town CBD
Rob Kane
co-working
CCID
Cape Town development
co-working spaces
office space

CCID chairperson Rob Kane says increase in co-working facilities shows city is offering companies more and more value.

Cape Town is living up to its reputation as the "capital of innovation" when it comes to providing co-working spaces as start-ups flourish in the Mother City.

According to the City 's figures, the number of these shared spaces doubled within a year and now stands at 17.

Chairperson of the Cape Town Central City Improvement District (CCID), Rob Kane says it's a sign that Cape Town is offering more and more value to businesses, both big and small.

He points out the cost saving especially for a small business which, without the option of a co-working space, would have to commit to a long-term lease and all the accompanying costs of fitting out offices.

The increased cost per square metre is offset by the benefits of this flexibility, Kane says.

They can just come in - the furniture's there; they have use of boardrooms, meeting rooms; the kitchen and a reception.

Rob Kane, Chairperson - CCID

This working arrangement, attracting creative innovators as it often does, also has the spin-off of providing a communal space for pooling ideas and finding fresh solutions to existing problems.

Kane says this is one of the reasons the concept is taking off so fast in Cape Town.

The investment report talks about the number of innovative and high-tech businesses coming into the city and it's far and away more than in the rest of the country.

Rob Kane, Chairperson - CCID

It's those people who want an interesting environment and this is what the co-working space is providing them.

Rob Kane, Chairperson - CCID

Kane says conventional office space is utilised by a broad range of clients, with local and provincial government taking up a large portion in the city centre along with banks, big law and engineering firms.

What's attractive about that mix, is that people can often walk to their meetings.

Rob Kane, Chairperson - CCID

That's what attracts both big corporates and smaller concerns, wanting to be in this city.

Rob Kane, Chairperson - CCID

For more on the City's plans and future developments, take a listen:


This article first appeared on CapeTalk : Co-working spaces attracting big and small businesses to Cape Town




22 September 2019 1:50 PM
Tags:
Cape Town CBD
Rob Kane
co-working
CCID
Cape Town development
co-working spaces
office space

More from Local

EXPLAINER: Frequently asked questions about funerals

25 January 2021 11:58 AM

The graphic also tackles how deceased COVID-19 patients are handled differently.

Share this:
Read More arrow_forward

Callers say premier knows 'it's mandatory for ALL of us to wear a mask'

25 January 2021 11:05 AM

Vusi says when police tell you to wear mask it's out of courtesy. Moshe says spokesperson Mkani-Mpolweni is defending her salary.

Share this:
Read More arrow_forward

It's like working in a morgue - Health workers on COVID-19 second wave

25 January 2021 7:47 AM

Eyewitness News reporter Mia Lindeque spoke to health workers working in the frontline trying to save coronavirus patients.

Share this:
Read More arrow_forward

300 more people succumb to COVID-19 and 8,147 infections recorded

25 January 2021 6:49 AM

The number of fatalities bring the death toll to 40,874 since the pandemic started at the beginning of last year.

Share this:
Read More arrow_forward

Storm Eloise: Measures in place should SA communities need to evacuate

24 January 2021 1:07 PM

Tropical cyclone Eloise made landfall in Mozambique on Saturday, hitting the port city of Beira with strong winds and heavy rains.

Share this:
Read More arrow_forward

Ramaphosa says he was sorrowful, heartbroken after news of Mthembu’s passing

24 January 2021 12:11 PM

President Cyril Ramaphosa delivered the eulogy at the Sacred Heart Catholic Church during his official funeral in his hometown of Emalahleni.

Share this:
Read More arrow_forward

WATCH LIVE Jackson Mthembu's funeral

24 January 2021 9:36 AM

Minister in the Presidency Jackson Mthembu passed away on Thursday after succumbing to COVID-19.

Share this:
Read More arrow_forward

Are you thoroughly prepared for Stage 8 load shedding?

23 January 2021 3:25 PM

Decor & DIY expert and founder of Homedzine.co.za Janice Anderssen says you can't plug your electronic equipment into a generator.

Share this:
Read More arrow_forward

Storm Eloise: Disaster management in Limpopo, Mpumalanga & KZN on high alert

23 January 2021 1:18 PM

The category 2 cyclone is expected to hit parts of South Africa bringing, with it heavy rain and possible flooding.

Share this:
Read More arrow_forward

'What we find underneath shells of resold written-off cars is just shocking'

22 January 2021 8:06 PM

Motor Body Repairers’ Association national director Richard Greens says insurers must make information publicly available.

Share this:
Read More arrow_forward