Innovation

A tale of two cities

How Joburg is closing in on Cape Town as a startup hub.

04 December 2018

The prevailing narrative in the South African business space is of the growth of Cape Town, with the Mother City challenging Johannesburg’s traditional title as the country’s economic capital.

In September, the Global Financial Centres Index (GFCI 24) by Z/Yen Partners and the China Development Institute, reported Cape Town had overtaken Johannesburg as South Africa’s number-one financial hub, while for some time, it has been claiming continental dominance in the startup space.

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