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City asks public to weigh in on CTICC sale proposal
Cape Argus
|August 25, 2025
THE City of Cape Town has asked residents for their thoughts on a big decision: selling its main share in the Cape Town International Convention Centre (CTICC).
The proposal has ignited a debate among City officials and opposition councillors, leaving residents puzzled about the details involved.
The CTICC was originally set up by the City of Cape Town, the Western Cape government, and private businesses in 2003. Its main goal is to attract international and national events to Cape Town, helping the city's economy grow and creating jobs.
The City currently owns the largest part of the CTICC (72.7%).
Despite the CTICC's recovery since the Covid-19 pandemic, the City is looking into selling its shares.
City spokesperson, Luthando Tyhalibongo, said the main reasons for considering the sale are:
Esta historia es de la edición August 25, 2025 de Cape Argus.
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