It is also testament to the appeal of Cape Town as a place to bring premier initiatives which not only are enjoyable for all foodies

The Time Out Market is a concept that showcases a city’s best food and drink experiences under one roof and in 2023 the V&A Waterfront will welcome this major international tourism drawcard to its precinct.

I am excited that this popular dining experience, which has seen great success in leading cities around the world will now for the first time be hosted on the African continent. We congratulate the team at the V&A Waterfront for securing this top-tier food and drink experience.

It is also testament to the appeal of Cape Town as a place to bring premier initiatives which not only are enjoyable for all foodies, but also continue to drive critical growth for our economy through job creation.  WESGRO’s Economic Overview Report issued last month noted that wholesale and retail trade, hotels and restaurants have been among the top five industries, in terms of their contribution to gross value added (GVA is the measure of the total value of goods and services produced in an economy), confirming that the tourism and hospitality sectors are key growth sectors for Cape Town’s economy, said Mayor Geordin Hill-Lewis.

According to WESGRO’s Report, the first quarter of 2022 saw the Western Cape record the second highest economic growth rate among the nine provinces of South Africa (only KwaZulu-Natal performed slightly better than the Western Cape).

About the market:

The origins of the first Time Out Market date back to 2014 when the first experience was offered in a historic market hall in Lisbon, Portugal and rapidly became a must-see global tourism attraction, with over 3,9 million visitors in 2018, and was expanded to other countries.

Source: City of Cape Town