At "The Watershed" you can find over 150 different local makers and artisans selling their brands – plus a food market with a variety of stands directly next to it. The airy, industrial-style space is perfect to just walk around and browse for souvenirs when you are at the V&A Waterfront anyway.
As you might have guessed from the location, what you can buy there is a bit on the pricier side but what I love is that things are created and made in South Africa.