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. The climate is mostly semi arid but subtropical along the east coast, with sunny days and cool nights. 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 and 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. Expatriate business dress is mostly formal suits, but this can vary from industry to industry and area to area. National dress is also generally acceptable. The security risk for expatriates in South Africa is medium overall, but high near deprived urban areas. Risks include high levels of violent crime, high rate of murder, high rate of rape (adult, child and infant), carjacking, poorly maintained vehicles, erratic driving standards, corruption at all levels, interruptions to electricity and water supplies and violent protests (usually related to poor service provision). The currency of South Africa is the South African Rand (ZAR). Banking is on a par with that of Western Europe and North America. There is a high incidence of credit card fraud and fraud involving ATMs. Private medical facilities are good, however the cost of treatment for expatriates can be high. There is a high prevalence of HIV. The population of Cape Town is 3.7 Million (2016 est.), while the inflation rate is 5.1% (June 2017).
Cost Of Living
The cost of living for expatriates / professional migrants in In Cape Town, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Cape Town as at 1 July 2017 is low in comparison to other places in the world. 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: High 9) Miscellaneous: Average 10) Personal Care: High 11) Recreation & Culture: Low 12) Restaurants Meals Out and Hotels: Low 13) Transport: Average Cape Town is for example -6.5% cheaper than Houston TX for groceries, 44.6% more expensive for household costs than Kuala Lumpur, and 10.5% more expensive for transport costs than Dubai. The hardship premium for Cape Town for an expat from Perth, is for example 10%, i.e. host location (Cape Town) premium of 20% minus home (Perth) location premium of 10%. Cape Town is ranked as a some hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Cape Town? Register subscribe to your home location and Cape Town and run your personalised reports.