Cape Town Carnival lifts local economy

The Cape Town Carnival, a Social Impact initiative under the leadership of Department of Economicis professor Rachel Jafta, is a spectacular experience of colour, creativity and diversity for spectators who flock to the famous Green Point Fan Walk year after year. The team behind it all has been working tirelessly for close to a year to bring the 2018 edition, to be held on the 27th of March, to life.
“The Cape Town Carnival reaches more than 5000 community members in the broader Cape Town Metropolitan area and some rural areas, as well as about 55000 spectators annually. It contributes about R41 million to the local economy, creates jobs and enterprise development, and skills transfer opportunities,” says Prof Jafta who is Chair and founding trustee of the Cape Town Carnival. “The University is a knowledge partner sharing its expertise with participating communities. The Carnival also offers opportunities to gain research data and conceptualise research questions that can lead to collaborative solutions with the participating communities."
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Upcoming Seminars
Monday 16 February 202612:10-13:10
Dr Matthew Olckers
Topic: "Do Digital Cash Transfers Create Persistent Financial Inclusion? Evidence from Mobile Money in Togo"
12:10-13:10
Frank Bohn
Topic: "The “Benefits” of being small: Loose fiscal policy in the European Monetary Union"
12:10-13:10
Gijs Drijer
Topic: "Dutch Capital Investments in the Scramble for Southern Africa (1870s-1910s)"
BER Weekly
23 Jan 2026 Free Weekly Review | Number 3 | 23 January 2026This report covers the key domestic and international data releases over the past week....
Read the full issue