Joule City, a new incubator aimed at supporting up-and-coming creative minds, has just opened its doors in the heart of Cape Town’s CBD.

Cape Town takes nearly 50% of the market share of conventions hosted in Africa, and the estimated annual economic contribution to the national GDP of just six events is almost R2 billion.

The Cape Town Central City Improvement District (CCID) has launched an SMS donation service as part of its GIVE RESPONSIBLY campaign in an effort to help break the cycle of homelessness on the CBD’s streets.

With all the preparations done, event organisers are now counting down the days to what has been dubbed Africa’s grandest gathering, the 2012 Cape Town International Jazz Festival. Cape Town is set to offer festivalgoers a city getaway experience they will never forget.

The Company’s Garden, the oldest garden in South Africa and arguably one of the country’s top tourist attractions, is now under enhanced security.

A view of the Cape Town CBD’s skyline will show at least 10 towering cranes at work on various new developments. In spite of a sluggish global economy, business confidence is higher than ever with an estimated over R3 billion currently being invested in the CBD through these developments.

The Cape Town Central City Improvement District (CCID) has appointed Gary Fisher, head of public works in the Western Cape Government, and Grant Elliott, regional manager for Redefine Properties in the Western Cape, as board members.

The greening of 14 Loop St, a recently refurbished 1904 building in Cape Town’s CBD, is paying both commercial and environmental dividends for the owners, the tenants and the City.

As the world gears up for the United Nations Conference on Sustainable Development, Rio+20 Summit in Brazil, the CCID is urging CBD businesses to use World Environment Day as an opportunity to get involved in the green economy and actively participate in adopting sustainable ways of conducting business.

Investments into commercial property developments and refurbishments continue to rise in the Central City of Cape Town.