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South African Automotive Week 10-13 October 2012, Nelson Mandela Bay, South Africa

South African Automotive Week 10-13 October 2012, Nelson Mandela Bay, South Africa

The SOUTH AFRICAN AUTOMOTIVE WEEK is an international trade show based in Africa's manufacturing center - Port Elizabeth. Read more...




Exporters Club of South Africa - Eastern Cape - 2012 Exporter Awards

Exporters Club of South Africa - Eastern Cape - 2012 Exporter Awards

Please click here for the Awards entry form 2012..
Closing date: 05 June 2012


Join the South Africa - China Expos 2012

Join the South Africa - China Expos 2012

The Department of Trade and Industry (the dti) will be hosting exhibitions in the cities of Beijing and Shanghai from 4 - 9 October 2012. This is an opportunity for South African companies to explore the Chinese market and gain inroads into Asia. Read More...

Eastern Cape SMME Summit 16 & 17 November 2011

Eastern Cape SMME Summit 16 & 17 November 2011

Please click here to view presentations made at the SMME Summit on the 16th and 17th November 2011.
Click here for the MEC's Speech...
Click here for Dr Tom's Speech...


Eastern Cape Community TV (ECCTV) Provincial Initiative

Eastern Cape Community TV (ECCTV) Provincial Initiative

- Production Training (Radio & Television Documentary Training)... Please click here to apply...
- 1st AGM. Date to be confirmed. Click here to download the Draft Programme...
- ECCTV Provincial Steering Committee to rollout a Community Mapping Exercise Read More...
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News Article - Economics

East Cape project to create a million jobs


Posted on: Monday, 05 March 2007. Article source: The Herald

By Patrick Cull Political Editor
AN ambitious project to develop the Umzimvubu catchment area will create 10 000 jobs in the rehabilitation of the catchment area and 897 000 in forestry and agriculture, with a potential income of at least R3,8-billion.
The Eastern Cape government believes the development will “create thousands of sustainable jobs, changing this impoverished rural area into a thriving, modern economic zone”.
The Umzimvubu Basin Development Project will cost R28,2-billion over 10 years, with the Eastern Cape government wanting to spent R245-million in the first year, R520-million in year two and more than R1-billion the following year.
A document presented to Bhisho‘s finance committee by the provincial director-general, Sibongile Muthwa, states that the Umzimvubu River is able to deliver 600-million cubic metres to the Orange, Fish and Sundays Rivers, as well as Nelson Mandela Bay, and “at least” 2 000MW of hydroelectric power to the national grid.
The document stresses that while previous studies have been geared towards power generation, “this proposal brings a special focus for economic and social productivity and the development of a modern economy in an impoverished rural area”.
It states that agriculture in the catchment area has the potential to generate annual income of R3,4-billion and create close to 300 000 jobs within five years and forestry the potential to create 600 000 jobs within 12 years.
The document says it envisages that 244 000ha will be earmarked for forestry, 346 000ha for arable agriculture, 102 000ha for irrigable agriculture and that the area can support 978 000 mature livestock.
There will also be opportunities for the tourism industry around the dams and the Port St John‘s estuary development.
The document recommends an immediate expanded public works programme investment to stabilise the catchment environment.
This will cost R3,8-billion over 10 years and create 10 000 jobs.
Noting that it is “not feasible” for any sphere of government to develop and manage a project of such magnitude, the document proposes that an Umzimvubu development corporation be created to manage the development.

 
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