Financials & Tax Return – Strand area

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Strand, Western Cape

Strand, Western_Cape

Central Business District

The town has a vibrant business district, attracting customers from all over the town. The large black and coloured communities situated just outside Strand also flock to the CBD on a daily basis. The CBD offers banks, numerous little shopping malls, restaurants, and supermarkets. The Friedman & Cohen is the largest single shop on the outskirts of the CBD and serves as the main attraction for residents to the area, as well as non-residents. The majour shopping malls in the area include the Dorpsmeent Centre and, the Somerset Mall shopping mall, however the latter is not in the CBD, but rather just outside the town.

Strand’s central business district is entirely surrounded by suburbia. There are, however, other businesses which are not situated in the CBD. Some scholars have suggested that Strand’s CBD is shifting away from the beachfront, due to enormous economic growth and the declining unemployment statistics of the town, which result in more businesses opening their doors in on the in-land boundaries of the CBD.

Industrialism

Strand has its own industrial area, namely the Gants Centre. However in the past few years the Gants Centre has increasingly been accommodating normal businesses other than the usual factories once found there. These in turn are gradually relocating to the dynamite sites outside the town, near Somerset West.

The Gants Centre once had a massive pickling factory, which served as a great job provider to the residents.

In the winters there are a low inversion layer covering the town, resulting in some degree of pollution, however this is rarely seen because of the constant strong winds keeping Strand’s skies clean.

via Strand, Western Cape – Wikipedia, the free encyclopedia.

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South Africa looks to run small-cap stock market

Central Cape Town from Lions Head

QUOTE Africa Group, a Cape Town-based company with licences to operate stock markets in Namibia and the Seychelles, expects an application to start a South African bourse to be considered next year.

South African Financial Exchange, a unit of Quote Africa, planned a new market for venture capital and small and medium-sized companies, company director Francois Venter said in a statement yesterday.

This should boost “accessibility for local and international investors to South African companies by providing lower listing and transaction costs”.

The company said it had applied to the Financial Services Board (FSB) for an exchange licence two years ago. The application was expected to be heard before the appeal board of the FSB early next year, Quote Africa added.

via Quote Africa looks to run small-cap bourse – IOL Business | IOL.co.za.

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