Waterfront's food market to shut next week - with a new UK-owned format taking its place | Business

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The V&A Food Market in the Waterfront will close its doors next week - and will be replaced later this year by a new food hall format owned by Time Out, a UK-headquartered group famous for its magazines. | News24_Business

The V&A Food Market in the Waterfront in Cape Town will be closing next week. Only three of the 40 tenants of the V&A Food Market have so far been accommodated in the Waterfront.The V&A Food Market in the Waterfront in Cape Town will close its doors next week - and will be replaced later this year by a new food hall format owned by Time Out, a UK-headquartered group famous for its magazines.

There are currently more than 40 tenants in the V&A Food Market, who sell a wide range of foods. So far, the V&A Waterfront has been able to house three of the current Food Market tenants, namely Knysna Oyster Co, 7 Colours Eatery, and Royal Tea elsewhere in the shopping area. "I feel disappointed, especially since the new market will be run by an overseas company. The whole point of the current market was to be proudly South African," says Roberts.

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_Business Very sad. A thriving local center for small business owners replaced by a faceless mega Corp

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