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Move over, Jozi, Cape Town rises

The Citizen

|

September 01, 2025

It will come as no surprise to most people that Cape Town will soon be SA's wealthiest city, knocking Joburg off top spot within five years.

According to the Africa Wealth Report 2025, published by Henley & Partners in collaboration with New World Wealth, it's a matter of when, not if, Cape Town overtakes Johannesburg. The report "highlights industries such as fintech, ecotourism, green tech, e-commerce, rare metals mining, health care and wealth management as key to Africa's next wave of private wealth creation".

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