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Green Point Market showcases potential of the informal economy<p>Delivering on the new administrations’ commitment to the informal trading industry, the Green Point Market had a historic relaunch at the P4 parking lot of Cape Town Stadium late last year.</p><span> <figure class="subtopic-fullsize-img"> <img class="responsive" src="http://resource.capetown.gov.za/cityassets/Media%20Centre/GP1.jpg" alt="" /> </figure></span><p>‘After identifying unintended consequences and unhappiness from traders around operations, the Urban Management Directorate committed to working hard to seeking solutions. I made a commitment to the traders to ensure open engagement and proactive actions to find a solution to the concerns raised, in good faith,’ said the City’s Mayoral Committee Member for Urban Management, Alderman Grant Twigg. <span>​​​​​​<span> </span></span></p><span> <figure class="subtopic-fullsize-img"> <img class="responsive" src="http://resource.capetown.gov.za/cityassets/Media%20Centre/GP2.jpg" alt="" style="width:1069px;" /> </figure><p>​​Together with Councillor Zahid Badroodien, the Mayoral Committee Member for Community Services and Health, we identified the Old Bowling Green in Green Point as a possible home for the market. The site was piloted on Sunday 26 January 2020, to help mitigate disruptions to market days. </p></span><p>‘The new market site was a hive of activity. The traders also expressed their happiness and appreciation that the City has come up with this alternative venue. I am optimistic about the future of this incredible market and what it holds for the informal economy,’ said Alderman Twigg. </p><span> <figure class="subtopic-fullsize-img"> <img class="responsive" src="http://resource.capetown.gov.za/cityassets/Media%20Centre/Green%20Point%20Market.jpg" alt="" style="width:1900px;" /> </figure><p>The Urban Management Directorate has committed to establishing an innovative Informal Markets Framework. This will ensure we have an integrated approach to unlocking the informal economy and its multi-million rand potential for the city. </p></span><p>‘We will now engage transversally with the relevant departments and officials to secure this space as the home of the Green Point Market,’ added Alderman Twigg. </p><p>Together we are making a great city even greater for all residents.</p><p><br><strong>End</strong></p>2020-01-26T22:00:00ZGP0|#1d539e44-7c8c-4646-887d-386dc1d95d70;L0|#01d539e44-7c8c-4646-887d-386dc1d95d70|City news;GTSet|#62efe227-07aa-45e7-944c-ceebacca891dGP0|#ea029b7c-57da-4473-89b9-06ecd3b49623;L0|#0ea029b7c-57da-4473-89b9-06ecd3b49623|business and trade;GTSet|#2e3de6c1-9951-4747-8f53-470629a399bb;GP0|#c3f8c7fd-6d3c-4cc2-b004-3b691e273465;L0|#0c3f8c7fd-6d3c-4cc2-b004-3b691e273465|Economic activity;GP0|#c1bd6ccf-c2d6-4ac6-96d9-254a0c1dc963;L0|#0c1bd6ccf-c2d6-4ac6-96d9-254a0c1dc963|Informal trading1

 

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