The exclusive panel discussion on the Western Cape’s economic outlook, originally scheduled for Thursday, 8 May 2025 at the President Hotel, has been postponed. The decision follows the delay in the national budget presentation, now expected to be tabled on 21 May 2025.
This high-level event, which was set to unpack Budget 2025, regional growth prospects, and sector-specific investment opportunities, will be rescheduled to ensure it reflects the latest fiscal direction and approved national priorities.
“Hosting this panel discussion before the finalisation of Budget 2025 would be premature,” said Lance Witten. “Our objective is to facilitate a fully informed conversation, and having access to the official budget figures and policy framework is essential for that purpose.”
Johann Els, Chief Economist at Old Mutual, echoed the sentiment: “This careful decision underscores our focus on economic growth. With the fiscal framework still unfolding, it is prudent to wait for the finalised budget so that we can discuss strategies to drive growth and investment in the Western Cape with the right fiscal context.”
All existing bookings will be honoured for the rescheduled date.
This postponement not only ensures relevance but also reinforces the organisers’ commitment to informed public discourse and robust policy engagement.
For more information or media enquiries, please contact: Rehana Rutti at rehana.rutti@inl.co.za
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