MYTH DEBUNKED: The Western Cape economy cannot survive without being a part of South Africa
An independent Cape would be economically better off from day one.
Gauteng has by far the largest economy in South Africa, due to its large population and its hosting of Africa’s financial centre - Johannesburg. Nevertheless, size is not everything. Cape Independence would give the Western Cape control over its economic policy, allowing the people of the province to prosper.
The Western Cape is currently home to 12% of South Africa’s population, yet is responsible for 14% of South Africa’s GDP. Furthermore, the province is responsible for 17% of the country’s taxpayers, yet only 11% of funds allocated to provinces are given to the Western Cape.
The Western Cape, along with Gauteng, is one of two net contributors to the national budget, meaning our taxpayers pay more in tax than they get back in goods and services. As a result of Independence, the Western Cape economy would automatically be better off - with more money to spend on public services.
Free from the shackles of the ANC, the Western Cape would be able to control its own economic policy. It would be able to do away with disastrous programs such as BEE, EWC and the NHI. It would be able to establish itself as a trade and investment haven in Africa, attracting businesses and talent from across Africa and the world. Being at the Southern Tip of Africa, a crucial global trading position, an independent Cape would be able to strike trade deals with countries around the world. Just like Dubai and Singapore became trading hubs, so can an independent Cape.
Cape Independence will unleash the untapped talent of the Western Cape people and bring about prosperity unrivalled in our history. If you want control of economic policy, you have to vote for Cape Independence on May 29th.