Cape Town is the provincial capital and primate city of the Western Cape, as well as the legislative capital of South Africa, where the National Parliament and many government offices are situated. Cape Town is the economic centre of the Western Cape Province, South Africa's second main economic centre and even Africa's third main economic hub city. It serves as the regional manufacturing centre in the Western Cape. It also has the primary harbour and airport in the province. South Africa is at the southern tip of the continent of Africa. Mostly semiarid; subtropical along east coast; sunny days, cool nights. Vast interior plateau rimmed by rugged hills and narrow coastal plain. English, Xhosa, Zulu and Afrikaans are predominant but there are 11 official languages. Almost all business is conducted in English. Most educated South Africans are multilingual. The main religions are Christianity, Islam, indigenous beliefs. The economy of South Africa is a two tiered economy; one rivalling other developed countries and the other with only the most basic infrastructure. It is therefore a productive and industrialised economy that exhibits many characteristics associated with developing countries, including a division of labour between formal and informal sectors and an uneven distribution of wealth and income. The primary sector, based on manufacturing, services, mining, and agriculture, is well developed. The population in Cape Town is 3.5 Mil (2014 est.), while the inflation rate is 6.6% (2014 est.).
Cost Of Living
The cost of living for expatriates in Cape Town as at 1 October 2014 is low in comparison to other places in the world. In Cape Town, the cost of each basket, based on local prices, compared to the international average in USD, is categorized follows: 1) Alcohol (where available) & Tobacco: Very Low 2) Clothing: Average 3) Communication: High 4) Education: Very Low 5) Furniture & Appliances: Low 6) Groceries: Very Low 7) Healthcare: Low 8) Household Accommodation: Average 9) Miscellaneous: Low 10) Personal Care: High 11) Recreation & Culture: Low 12) Restaurants Meals Out and Hotels: Average 13) Transport: Low Cape Town is for example -15% cheaper than Montevideo for groceries, 4.1% more expensive for household costs than Durban, and -21.5% cheaper for transport costs than Athens. Cape Town is ranked as a some hardship location. Hardship (also know as quality of living) refers to the degree of hardship an expatriate and their family are likely to experience in the host location. Hardship pay is compensation to encourage people to move, in particular to less desirable locations. In determining the amount of hardship premium payable, factors such as economic, political, religious, infrastructure, environment/climate, personal safety, health, education, and transportation factors are considered. The hardship premium for Cape Town for an expat from Zurich is for example 10%, i.e. host location (Cape Town) premium of 20% minus home (Zurich) location premium of 10%. Xpatulator.com has been created to assist subscribers calculate expatriate pay using the online calculators and extensive database of cost of living and hardship indexes, for 780 international locations. Want to know more about cost of living, hardship or expat pay in Cape Town? Register subscribe to your home location and Cape Town and run your personalised reports.