The V&A Waterfront is an iconic mixed-use destination located in the oldest working harbour in the Southern Hemisphere. With Table Mountain as its backdrop, the 123-hectare neighbourhood sits within the beautiful city of Cape Town, welcoming millions of people from all over the continent and the rest of the world. The V&A is a symbol of heritage and diversity, where people from all walks of life can play, live, shop, dine and work while immersed in the vibrant spirit and authentic local culture that exists in this bustling ecosystem.

It sees its role on the continent to be a platform that facilitates and champions art and design, to support entrepreneurship and innovation, lead the charge on sustainability, and drive positive social and economic change. By prioritising people and the planet, the V&A is an example of how working with communities, respecting the environment and operating with passion and integrity is a better, more productive and kinder way of doing business.


The V&A Waterfront Economic Contribution Report 2024

The V&A Waterfront has grown from a historic harbour into a neighbourhood full of life and possibility. It is a place where people come together to live, work, create and connect. Its true value is measured not only in numbers, but in the way it ripples out into homes, communities and futures across the city and beyond.

The 2024 Economic Contribution Report shines a light on this impact. It shows how the Waterfront sustains more than 83,000 jobs, contributes R45.9 billion to the economy, and continues to grow faster than the province around it. Just as importantly, it tells the stories of resilience and renewal, of women entrepreneurs leading the way, of young people finding their first step into work, and of small businesses giving our neighbourhood its spirit.

This report is a reflection of what can happen when a neighbourhood becomes more than a destination. It shows how the V&A Waterfront continues to grow as a place of innovation, sustainability and shared value, while holding true to its role as a community anchor and a platform for possibility.

Discover how the V&A Waterfront is shaping futures, building belonging and creating impact that matters.


Previous Reports

2020 Report

2018 Report

2016 Report

2014 Report

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