An analysis of the business services sector in the Western Cape

An analysis of the business services sector in the Western Cape

The aim of this paper is to analyse the business services sector in the Western Cape, particularly the sector’s contribution to output, employment and investment. The province’s business services sector accounts for more than one-fifth of total gross value added. The sector experienced an average growth rate of 3.50% per annum between 1994 and 2023. Moreover, employment in the sector increased by 3.04% annually over the same period. The empirical results from the ordinary least squares regression show that a one percentage point increase in business services increases output growth by approximately 0.33 percentage points.

Related Resource Category

Image Title
Research

A wealth of knowledge on doing business in the Western Cape

At Wesgro, it is our mission to provide you with all the information you need about Cape Town and the Western Cape to make informed business decisions. We have hundreds of research reports available for you to access via our easy search function.

If you can’t find what you are looking for, we can help by either sourcing the information you need or commissioning the research for you.

Dec 2025
Cape Town & the Western Cape Emergency Numbers
Dec 2025
About Cape Town & the Western Cape Convention Bureau
Dec 2025
Argentina Factsheet October 2025
Dec 2025
Australia Factsheet October 2025
Nov 2025
InvestSA OSS Brochure References