Brand Finance – Cape Town top city “brand” in SA & Africa!

by | May 22, 2023 | Featured | 0 comments

Cape Town scores top spot in new best cities ranking

Brand Finance has ranked Cape Town as having the best city “brand” in South Africa – and Africa as a whole. Congratulations to Cape Town and Cape Town Tourism!

  • According to the inaugural Brand Finance City Index, Cape Town ranks as the 60th best city brand globally, with an index score of 62.9.

The index is based on a global survey with 15,000 respondents from 20 countries and measures perceptions of the world’s top 100 cities. The survey asks respondents about the reputations and their personal consideration of each city as a place to live, work (locally or remotely), study, retire, visit, or invest in.

Brand Finance said that Cape Town’s status as South Africa’s most visited city has positioned it as a continental leader, with its natural beauty making it one of the world’s most attractive tourist destinations.

Moreover, the city ranked 33rd in the world for diversity and multiculturalism, 15th for affordability, and 18th for nice weather, which further enhanced its popularity among international tourists.

Despite Cape Town’s socio-economic challenges, it ranks highly (18th) for future growth potential. This is mainly due to its growing tourism industry.

Brand Finance said the city’s overall location as a major port and transportation hub also offers a gateway for trade and investment in Africa’s emerging markets.

  • Cairo, Egypt, is the second-best city in Africa (67th globally), with a score of 60.7.
  • Johannesburg is the third-best African city brand (72nd globally), with a score of 59.7.

Johannesburg is held back by the perception of crime levels (76th). However, Johannesburg, like Cape Town, ranks highly for future growth, at 25th globally. Despite not being as popular as Cape Town with tourists, Johannesburg is still seen as a significant financial and business hub.

“With its exceptional beauty and extraordinary diversity, South Africa is truly a remarkable nation that enjoys a lively reputation for tourism,” Jeremy Sampson, Managing Director of Brand Finance Africa, said.

“South African cities must continue to focus on promoting their vibrant cultural scenes, sustainable urban development, and investment in infrastructure. Further, by prioritising safety, inclusivity, and social equality, South African cities can create welcoming environments that encourage tourism and promote more positive global perceptions in the coming years.”

Global rankingsBrand Finance,

WHAT: Brand Finance City Index 
WHERE: Cape Town

See also Cape Town Green Map

 

You might also like…