East London IDZ launches agro processing hubLeading EC IDZ has identified agro-processing as a high impact sector.. Read More...
 
Electric car could attract massive new investmentA pre-feasbility study to determine the viability of manufacturing large-cell lithium-ion batteries in South Africa will start in the second half of the year, Engineering News reports.. Read More...
 
New dairy built to EU standardsWhen the Dispatch visited the site of the future Sunningdale Dairy on Friday, workers in hard hats were crawling all over the 6500m² site, all working hard to get the factory operational by the end of the month.. Read More...
 
ECDC solar power investment positions Eastern Cape as a leader in renewable energyA R20 million Eastern Cape Development Corporation (ECDC) investment into solar water heater manufacturer, Matla Solar in the East London Industrial Development Zone (IDZ,) has positioned the Eastern Cape as a leading player in the renewable energy sector.. Read More...
 
EC ahead in economic growthThe Eastern Cape’s economy is currently showing the fasted growth in the country.. Read More...
 
Jonas launches ‘local is lekker’ campaign in ECEASTERN Cape Economic Development and Environmental Affairs MEC Mcebisi Jonas yesterday announced the launch of a "Buy Eastern Cape Campaign" which will have as one of its goals promoting primary production of inputs for manufacturing.. Read More...
 
ECDC sees light at the end of the recession tunnelThe 2010 World Cup is expected to increase traffic into the province’s coffers through tourism.. Read More...
 
Eastern Cape economy to pick up in 2010The Eastern Cape Development Corporation (ECDC) believes that while the Eastern Cape economy has been affecting by a seemingly unrelenting global economic recession, there is hope beyond the storm for the provincial economy in 2010. A number of sectors such as tourism, and the struggling general manufacturing sector, led by automotives, are likely to pick up next year as the country eases out of the recession.. Read More...
 
Coega strategic unit starts strongFour month old secures four clients including two IDZs. . Read More...
 
IT’S ALL SYSTEMS GO AT PORT OF NGQURAThose who occupied special vantage points today at the new deepwater Port of Ngqura in South Africa witnessed history in the making, as the 300 metre long, 13 metre deep MSC Catania sailed into the port to become the Ngqura container terminal’s first commercial vessel. . Read More...
 
IDZ collaboration shows up thousands of IT opportunitiesThe Buffalo City-based IDZ held conference to showcase a sample of the more than 8000 international patents and commercial opportunities available for application in South Africa. East London businesses were this week given insights into opportunities in cutting-edge technologies developed in Taiwan. . Read More...
 
Empowerment high on the East London IDZ agendaForth right comments from Bheki Sibiya who encourages black entrepreneurs to ‘travel the road less travelled’ and to seek new skills. “If we want to grow and be where we want to be we need to invest in the skills develop pillar on BBBEE.. Read More...
 
Property sector to benefit from new East London IDZ schemeBrokers can earn up to a maximum of R4,3 million for the successful and settlement of a manufacturing investment into the IDZ.. Read More...
 
EC bumps up investment in Coega ASPThe Coega Development Corporation has been allocated “additional resources” for the further development of the automotive supplier park in Uitenhage, Eastern Cape Premier Mbulelo Sogoni said in his state of the province address.. Read More...
 
Four communities lead crop charge in former TranskeiThe planting of 6,000 hectares of maize, using land last cultivated 20 years ago, is helping to improve food security for the communities of Alfred Nzo, OR Tambo, Chris Hani and Amathole districts.. Read More...
 
NEF funds Tini’s acquisitionIt has been said that life isn’t a matter of milestones, but of moments. But the National Empowerment Fund cannot be faulted for celebrating reaching the R1-billion mark in its pursuit of “the empowerment dividend”.. Read More...
 
EL solar energy plant for East London IDZECDC funds solar energy plant in the East London IDZ.. Read More...
 
Eastern Cape construction sector poised for growth over short to medium termECDC CEO Mxolisi Matshamba says construction will play major role in keeping regional economy buoyant. The Eastern Cape’s construction sector is likely stimulate the province’s economic growth in the short to medium term despite the downturn in the global economy. . Read More...
 
East London IDZ’s investors tally grows to 21Seven new investors with investors worth R239 million have signed up with the Eastern Cape’s second IDZ.. Read More...
 
East London IDZ looks to diversifyThe first licensed IDZ in South Africa tells of how it will attract further investors into the zone. With its value proposition for the automotive industry successfully completed, the East London IDZ is now starting to work on diversification into other sectors, says CEO Simphiwe Kondlo . Read More...
 
Eastern Cape construction poised growth in short to medium termThe Eastern Cape’s construction sector is likely stimulate the province’s economic growth in the short to medium term despite the downturn in the global economy. Eastern Cape Development Corporation (ECDC) chief executive officer Mxolisi Matshamba says because of the infrastructural backlogs in the province, the construction sector is positioned for growth.. Read More...
 
ECDC courts five Chinese investors after successful trade missionInvestors are interested in sectors range from automotive, textiles to clothing and plastic pipes.. Read More...
 
ECDC gets clean audit for second consecutive yearThe Eastern Cape Development Corporation (ECDC) has received a clean audit report for the second consecutive year and it has also managed to fill all senior positions and regional office heads.. Read More...
 
Coega’s liquid storage, shipment facility attracts strong interestsThe operator of the Coega Industrial Development Zone (IDZ), the Coega Development Corporation (CDC), on Friday said it has received an "overwhelming response" to its call for proposals to invest in a R2-billion liquid fuels storage and transshipment facility.. Read More...
 
ECDC COURTS FIVE CHINESE INVESTORS AFTER SUCCESSFULTRADE MISSIONFive Chinese investors have expressed their intention to invest in the Eastern Cape after the Eastern Cape Development Corporation (ECDC) participated in an investment promotion mission to the Asian economic powerhouse last month. . Read More...
 
CEO Mxolisi Matshamba highlights clean audit as well as other achievements in annual results overvieThe Eastern Cape Development Corporation (ECDC) has received a clean audit report for the second consecutive year and it has also managed to fill all senior positions and regional office heads.. Read More...
 
Port of Ngqura opens for its first shipsThe Port of Ngqura finally welcomed its first two ships yesterday, marking an historic moment in the harbour‘s often stormy development. Transnet National Ports Authority (TNPA) Port Elizabeth port manager Ester Goosen, also tasked with bringing Ngqura on line, said the docking of the Beluga Indication and the BBC Langeland meant the port was finally “a reality”. . Read More...
 
A region with niches that provide global competitive advantageThe Eastern Cape is the third largest province in South Africa. Located on the eastern coast, it lies between the Western Cape and KwaZulu-Natal. With two working harbours and the transhipment hub of Coega due to become operational later this year, three airports offering direct flights to the main urban centres and an excellent rail and road infrastructure, the province continues to be prioritised by the South African government for further economic development. . Read More...
 
Next step for East London IDZ – an OEMThe East London Industrial Development Zone (Elidz), which totals 430ha, is in full operational mode with 14 of its 15 announced investors operating — the highest number of operational investors for a single IDZ in South Africa. . Read More...
 
Coega notches up investments of R30-billionOver the last decade, the Coega industrial development zone (IDZ) has brought in scheduled investments totalling nearly R30-billion. Coega Development Corporation (CDC) marketing and communications manager Senzeni Ndebele said that many more companies are set to be operational in the IDZ in the next five years, with investors creating about 20000 jobs each year. . Read More...
 
ECDC improves access to business financeCorporation launches six product to ramp up business opportunities in the province. . Read More...
 
Absa announces first contact centre at CoegaOne of South Africa’s biggest banks officially opened a contact centre at the Coega Industrial Development Zone today (Monday 4 August), creating 94 new jobs for people in economically depressed areas located close to the site.. Read More...
 
EC aquaculture Industry shows strong growthMassive investments into the Eastern Cape’s aquaculture industry, running into billions of rands, have placed the province in pole position to challenge the Western Cape’s dominance of this infant industry.. Read More...
 
ECDC improves access to business financeThe Eastern Cape Development Corporation (ECDC) has launched a set of six short and long term business finance products which aim to support viable business ideas in the province.. Read More...
 
EC aquaculture Industry receives faceliftMassive investments into the Eastern Cape’s aquaculture industry, running into billions of rands, have placed the province in pole position to challenge the Western Cape’s dominance of this infant industry.. Read More...
 
Coega hopes to sign ten investors this year after smelter setbackThe Nelson Mandela Bay IDZ’s now broadening the industrial/manufacturing base, establishing an export and transshipment hub service to the continent, creating jobs and entrepreneurship opportunities. In its quest to attract investments, the Coega Development Corporation (CDC) has changed its strategy to suit local companies. . Read More...
 
MBSA is East London IDZ’s new tenantLocal OEM manufacturer 95,000 square metres sites includes vehicle washing, inspection bays, a loading area for nine carrier vehicles as well as over 3,000 covered and uncovered bays.. Read More...
 
Two biofuel plants for Eastern CapeEastern Cape’s fragile agricultural sector is getting a boost, thanks to the province’s plans to construct two biofuel plants that will create a massive market for the region’s farmers.. Read More...
 
August time line for Kei Rail serviceThe Kei Rail service linking East London with Mthatha would become a daily operation from August 1 and would also operate on Friday and Sunday nights “to accommodate the demand from commuters”, Eastern Cape Roads and Transport MEC Thobile Mhlahlo said yesterday.. Read More...
 
Coega delivers R85m Cerebos factoryThe Coega Development Corporation (CDC) on Wednesday handed the completed R85-million Cerebos factory over to the company, and brought the number of completed manufacturing facilities in the Coega Industrial Development Zone (IDZ) to seven.. Read More...
 
R1,5bn soya bean plant for CoegaWidespread benefits, ranging from the creation of farm jobs in rural areas to the production of an alternative fuel, were promised yesterday at the announcement of plans for a R1,5-billion soya bean plant at the Coega Development Corporation industrial development zone.. Read More...
 
ECDC appoints new marketing agencyThe Eastern Cape’s economic development agency, the Eastern Cape Development Corporation (ECDC) has awarded a nine-month marketing and communication contract, worth R10 million, to local marketing consultancy, SMG Africa (Strategic Marketing Group), effective from 1 April 2008.. Read More...
 
ECDC turning fortunes aroundONE year after embarking on its long-awaited turnaround strategy, the embattled Eastern Cape Development Corporation (ECDC) is banking on a new interest rate offering and a new addition of top managers to bring the organisation back from the brink.. Read More...
 
Holistic wellbeing in the workplaceThe East London Industrial Development Zone (ELIDZ) has launched a multi-stakeholder-supported Employee Wellness Programme in the city.. Read More...
 
Coega's Indian sub-continent trip pays offTwo week trip ends with five promising investments.. Read More...
 
R1,5bn soya bean plant for CoegaPlant should be operational by the end of 2009 says the Australian-based Rainbow Nation Renewable Fuels Limited.. Read More...
 
Bhisho seeks a partner for EC’s first toll roadBHISHO transport chiefs want to recruit big business to run the proposed toll road along most of the coastal R72 between East London and Port Elizabeth.. Read More...
 
Coega rail link with Northern Cape confirmedIN the strongest commitment to date that Transnet intends to upgrade the railway line between Coega and the Northern Cape, Public Enterprises Minister Alec Erwin has told a media briefing that the industrial development zone will be linked with the Northern Cape.. Read More...
 
EC launches parastatal to organise Asgisa investmentsIN A shrewd move akin to that of the most hardened business tycoon, the Eastern Cape government yesterday launched the first ever parastatal tasked with managing Asgisa investments.. Read More...
 
EC’s R2m job drive gives hope to matricsMORE than 70 unemployed matriculants from the Eastern Cape have been placed in learnerships at the East London Industrial Development Zone (ELIDZ).. Read More...
 
R5,8bn chlorine gas plant for CoegaTHE Coega Industrial Development Zone yesterday officially signed its 10th investor, which is expected to create about 250 permanent jobs.. Read More...
 
EC government gets set for some major changesMECs told of skills initiatives, mergers ... and the corruption probe. Read More...
 
It’s R1billion boom-time in Buffalo CityAN UNPRECEDENTED building boom pushed the value of building plans passed by the Buffalo City Municipality last year to over R1billion for the first time in history.. Read More...
 
EC IDZs LEAD FLLOD OF CAPITAL PROJECTSA FLOOD of funds for capital infrastructure development will flow into the Eastern Cape in the next financial year.. Read More...
 
R3bn boost EC’s budget to R27bnTHE Eastern Cape’s budget was boosted by R3bn in Finance Minister Trevor Manuel’s budget speech in Cape Town yesterday, bringing the province’s funds to R27bn for the next financial year.. Read More...
 
Transnet excludes EL from funding programmeBusiness grouping to lobby government - LEONARD NEILL. Read More...
 
HARBOUR UPGRADE IS CRITICAL FOR CITY'S DEVELOPMENTFrom the Editor It was disconcerting to hear recently that DaimlerChrysler is receiving many of its containers by road from Port Elizabeth.. Read More...
 
Aluninium Smelter won despite late entryTHE Coega Development Corporation (CDC) was a late entry into the competition to secure an aluminium smelter. Read More...
 
Major Investment for Coega.COEGA Development Corporation chief executive officer Pepi Silinga looked like a proud father whose first son had just been born.. Read More...
 
Coega secured R3-billion investmentThree tenants secured by Coega, prospective future investment amount to R26-billion. Read More...
 
R116-mil auto parts plant for ELEL IDZ’s fourth investor officially launches plant, 20 per cent aluminium parts to be supplied to Daimler Chrysler. Read More...
 
Coega steel project to create 5 000 jobsGovernment approval of R1.1 billion steel plant drives project to next phase, setting up construction work for early next year. Read More...
 
ECDC, ELIDZ reach out to HIV/Aids programsA golfing event brings BC businesses together to raise funds for programs fighting the epidemic. Read More...
 
SMMEs to benefit from Coega projectsAbsa, CDC pave entry for construction SMMEs to the IDZ. Read More...
 
300% increase in construction for ECPublic works, Coega, 2010 to further increase demand in construction sector. Read More...
 
Government committed to develop poor regions Agricultural and tourism development are key to revival of ghost towns in province. Read More...
 
ELIDZ’s targets a clean zoneBuffalo City’s industrial development zone looks to auto, agriculture and ICT sectors to keep it environmentally friendly. Read More...
 
IT has “great economic value”NMMU prof says Port Elizabeth should adopt the “Seattle option” in order to attract and retain innovators . Read More...
 
Potential R3,6 billion investment for CoegaCoega possible location for transnational joint venture for seafood project. Read More...
 
Potential R3,6 billion investment for CoegaCoega possible location for transnational joint venture for seafood project. Read More...
 
Developments set to revamp West BankResident gets EL businesses to buy into local development plan. Read More...
 
Coega a potential site for first stainless steel processing plant in SAR223 million investment a promising boost for SA’s raw materials sector. Read More...
 
New markets open up for localsEC exporters to receive international exposure through new exhibition facility. Read More...
 
PE could spearhead further expansion for US firmUSA firm makes PE its base in South Africa.. Read More...
 
Province joins select group in LondonECDC CEO has unique opportunity to profile opportunities within the Eastern Cape. Read More...
 
Wakeford steers local expansionECDC CEO Kevin Wakeford believes a black candidate should lead this organisation. Read More...
 
EL port tells of its successes and challenges in 2005Amongst the successes is the retention of its NOSA 5 Star rating and ISO 9001/2000 accreditation. Read More...
 
MEC upbeat about Eastern Cape economyThe province records a GDP of almost R113 billion; provincial economy grew by 4,6 per cent. Read More...
 
Ten contractors get R13,5m in Coega IDZ EPW schemeContractors will be involved in projects comprising water, sewerage and stormwater infrastructure.. Read More...
 
It’s all about selling a business environment says the ELIDZThe East London IDZ says it would not have got off the ground without the critical support of all three tiers of government.. Read More...
 
R200m auto component plant for ELIDZBuffalo City Municipality sets up the deal as it confirms it is to sell more ground to the ELIDZ. Read More...
 
Ports seen as "catalysts" of growthTwo ports are conduits for exports worth two per cent of GDP. Read More...
 
dti looks to Coega IDZ as nuclear component hubHub will supply both South African and export markets. Read More...
 
Deputy president supports IDZsDeputy president says analysts’ negative perceptions about real special tax incentives for South Africa's IDZs needs to be addressed. Read More...
 
Coega’s R71m ICT contract awardedCoega contract goes to three-party consortium. Read More...
 
EC IDZs plan to give agriculture further impetusGovernment aims to trigger minor economic miracle in the province.. Read More...
 
R10m brewery for the Eastern CapeEastern Cape is increasingly important to SAB as is evidenced by the large slice of the company’s training fund which is being allocated to the province.. Read More...
 
Timber cluster expected to create 3 000 jobsThe Eastern Cape is set to net an estimated R1 billion investment that will generate 3 000 jobs in the Ugie-Maclear area, which houses the province's largest timber assets.. Read More...
 
Eastern Cape IDZs shape up in investment stakesThe ELIDZ as well Coega make announcements on investors to their zones.. Read More...
 
Another NMMM trade indaba to follow in 2007Metro’s successful conference makes necessary impact. Read More...
 
Coega secures first investmentCoega signs up the first of 75 deals which are under negotiation.. Read More...
 
Coega to get offices on siteCoega’s new office, a R70 million four storey block in the zone, has been put out to tender.. Read More...
 
New Mercedes Benz to create jobs and possible R2 billion investmentExciting prospects for East London as the manufacture of new model draws near.. Read More...
 
SA’s only river port to get a R850m investmentA four-year plan aims to increase the port’s container facility as well as deal with the port’s shallow draught.. Read More...
 
New Alcan feasibility study signals fresh hopeAlcan’s decision to conduct a new feasibility study for an aluminium smelter seen as “highly positive”.. Read More...
 
Coega expects first tenants to sign next yearThe Port Elizabeth-based IDZ says about R20 billion of the potential investment is at a “hot” advanced feasibility or pre-feasibility stage.. Read More...
 
Coega looking to generate its own powerNegotiations are underway that may see the Coega IDZ securing a R2-billion gas-driven power plant.. Read More...
 
ECDC wants byte of ICT pieExperienced ICT players are to help the Eastern Cape develop its technology sector.. Read More...
 
Bulk of budget for development says De WetThe focus of the projects is economic sustainability and job creation.. Read More...
 
Draft policy for NM metro to shape rapid and sustained growthOrganised business in the city take another look at the document which highlights the way forward for the metro.. Read More...