With rating agencies giving our economy a thumbs down, and our Minister of Finance Tito Mboweni painting a bleak picture of our economy last week, it is no surprise that there are few, if any, restaurant openings planned for the rest of the 2019/2020 summer season.
Exhibit A of Chefs Rikku O’Donnchü and Warwick King opened on Bree Street on Friday. La Chêne opened at Leeu Estates in Franschhoek two weeks ago. Cowboys & Cooks is running late in opening its planned new restaurant in De Waterkant.
The poor economic conditions in our country currently is manifesting in the very few new restaurants opening for the new summer season, most such new openings usually taking place in September. Where many new restaurants are opening, they are changing the name and concept of existing ones, rather than being brand new, or adding other restaurants in a restaurant group’s portfolio.
Two exciting top-end restaurant openings are those of Exhibit A (owned by highly acclaimed Chef Rikku O’Donnchü and Chef Warwick King, who left Gåte restaurant earlier this year), opening in the city centre on 1 November; and of La Chêne at Leeu Estates in Franschhoek. Interesting is that a number of new restaurants have opened on Kloof Street, our former Cape Town Restaurant Street before Bree Street took over, Continue reading →