CCI Economic Contribution & Covid-19 Impact – SACO

Art Talk / Olive Schreiner

The South African Cultural Observatory (SACO) hosts a conversation on their recently published reports, specifically The Economic Mapping of the Cultural and Creative Industries in South Africa 2022 and Measuring the impact of the COVID-19 Crisis on the Cultural and Creative Industries in South Africa: One year on. One of the key findings from the reports is that the cultural and creative sector is relatively bigger than previously estimated, contributing 2.97% to South Africa’s economy, nearly the same contribution as agriculture. Given its size, the importance of its inputs to other sectors, and its ability to provide jobs, the sector needs to be fostered and developed. SACO’s macroeconomic modelling has estimated that the CCI’s direct contribution to the South African GDP fell from R84.3 billion in 2019, to R42.2 billion in 2020 – a drop of 50% as a result of Covid-19 and associated measures.

  • Venue: Olive Schreiner
  • City: Makhanda
  • Location: 1820 Settlers Monument on Lucas Avenue, on the second floor.
  • Ticket Price: R0.00
  • Genre: Art Talk
  • Duration: 90mins
June 24, 2022   12:30 - 14:00