Auto sector keeps EC growth on the riseBrisk growth in the Eastern Cape vehicle manufacturing industry rescued the province from the depths of recession during May. The Eastern Cape barometer lifted 2% year on year, led by car manufacturing with a 46% year-on-year rise.. 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 growth in EC’s futureActing ECDC CEO Msulwa Daca says positive growth needs to be combined with job creation, as well as infrastructure investment and government’s SMME support.. Read More...
 
ECDC says expected growth rate positive for the province"The projected 2,3% economic growth rate in the national budget speech is positive because players in the economic development field rely on government's projections to make estimates at the local level," says Eastern Cape Development Corporation (ECDC) acting chief executive Msulwa Daca.. Read More...
 
EC is heading out of recession first says leading economistThe Eastern Cape is poised to make a comeback from the recession that ravaged the province last year, with economic indicators painting a positive picture for the year ahead.. Read More...
 
Future in hands of locals says economistsAmple hope and the possibilities of a better economy remain in the hands of Eastern Cape residents as their province is rich with land and manufacturing activity, speakers at the Eastern Cape Economic Outlook Symposium 2010 said yesterday.. Read More...
 
ECDC reaction to Budget Speech"The projected 2,3% economic growth rate in the national budget speech is positive because players in the economic development field rely on government's projections to make estimates at the local level," says Eastern Cape Development Corporation (ECDC) acting chief executive Msulwa Daca.. 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...
 
EC unlocks tourism potentialInvestments pour into one of the Eastern Cape’s most profitable sector. Read More...
 
ECDC welcomes Mabandla as ChairpersonNew chairperson set to assist in streamlining the ECDC’s activities. 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...
 
Eastern Cape tourism sector poised for growth as investments pour inSignificant tourism investments running into millions of rands which have generated job creation and economic growth opportunities for the Eastern Cape in the last year have placed the province on track to unlock its untapped tourism potential.. Read More...
 
Eastern Cape SMME Summit kicks off at Christian Centre tomorrowOver 300 Small Medium and Micro Enterprises (SMMEs), existing businesses and associations from across the Eastern Cape will gather for the third annual SMME Summit and Business Unlimited Expo at the Christian Centre tomorrow. The annual summit is organised by the Eastern Cape Development Corporation (ECDC), the Department of Economic Development and Environmental Affairs (DEDEEA), the University of Fort Hare (UFH) and the Small Enterprise Development Agency (SEDA). . 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...
 
ECDC releases solid resultsMore than 800 Small Medium and Micro Enterprises (SMMEs) received financial support from the Eastern Cape Development Corporation (ECDC) in the 2008/2009 financial year compared to 130 in the previous year due to a successful turnaround strategy.. Read More...
 
ECDC honours 10 top Eastern Cape womenWith no knowledge of the construction industry, Mandisa Makiwane took the “plunge” and started Limangwe Construction in 2000 with little chance of success, barely nine years later, she has been honoured as one of the top 10 women in the Eastern Cape.. Read More...
 
IBM sends specialist team to help economic development institutions become more efficientWith four years project management experience at leading business solutions provider International Business Machines (IBM), Saritha Bhat from India is using her knowledge to help institutions like the Eastern Cape Development Corporation (ECDC) become more effective.. Read More...
 
ECDC releases solid resultsMore than 800 Small Medium and Micro Enterprises (SMMEs) received financial support from the Eastern Cape Development Corporation (ECDC) in the 2008/2009 financial year compared to 130 in the previous year due to a successful turnaround strategy.. Read More...
 
ECDC honours 10 top Eastern Cape womenOther women celebrated include Eastern Cape Premier Noxolo Kiviet and director-general Dr Sibongile Muthwa.. Read More...
 
IBM sends specialist team to help economic institutions become more efficientWith four years project management experience at leading business solutions provider International Business Machines (IBM), Saritha Bhat from India is using her knowledge to help institutions like the Eastern Cape Development Corporation (ECDC) become more effective.. Read More...
 
Japan’s auto recovery signals hope for EC’s sectorJapan may be in another hemisphere, but its first signs of economic growth since being ravaged by the world-wide recession may impact positively on the Eastern Cape, especially on the province’s vital motor components industry.. Read More...
 
Nelson Mandela Bay’s one of world'’s most intelligent communitiesThe Eastern Cape's Nelson Mandela Bay municipality has made it onto the 2009 list of the world’s 21 most intelligent communities. The list is issued annually by the Intelligent Community Forum (ICF) on the basis of a community's capacity in and innovative use of broadband.. Read More...
 
East London to be turned into a ‘lifestyle city’ by proposed revampA proposed revamp is said to turn Buffalo City into a ‘lifestyle city’ boasting a golf themed hotel, a holiday resort and formalised beach access amongst others. Major plans are being proposed to revamp Nahoon Mouth, with hotels and resorts on the cards for the upmarket East London suburb. . Read More...
 
Thousands of jobs to be created by R3 billion infrastructure planThe Eastern Cape is gearing up for an infrastructure plan that aims to contribute to the provinces’ economic growth and development and also create a significant number of jobs in the rural communities.. Read More...
 
Newly opened VWSA training centres gearing for world competitivenessAs part of their new production academy, VWSA has opened 3 new training centres to ensure that the local auto industry gains world competitiveness.. Read More...
 
Paprika farming boosts economyECDC remains involved in Sidalukukhanya, the Keiskammahoek project, which has been recently funded by Unilever and the Development Bank of Southern Africa.. Read More...
 
Study proves AIDC has helped auto sectorEstablished to assist in increasing the global competitiveness of the South African automotive industry, the Automotive Industry Development Centre (AIDC) has demonstrated its positive socioeconomic effect on its key focus areas.. 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...
 
Festive season bonanza for South CapeThe tourism industry on the Garden Route is on a high after a surprisingly busy festive season despite the global economic meltdown.. 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...
 
AsgiSA Eastern Cape shows off its implementation credentialsHigh impact priority projects in former Transkei take shape. Eleven months since the appointment of the AsgiSA Eastern Cape CEO, the organisation has made significant progress and is now only days away from full steam implementation of one of six high impact priority projects says AsgiSA Eastern Cape (EC) chairman Saki Macozoma. . 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...
 
Queenstown’s Lukhanji plans ramp upThe Eastern Cape Development Corporation (ECDC) has announced it is to move into the second phase of developing Queenstown’s Lukhanji Aerodrome into an industrial business hub. . Read More...
 
Manufacturing licence for Coega refineryPetroSA, the National Oil and Gas Corporation of South Africa, this week reached a significant milestone in realising its plans to build a world-class crude oil refinery at Coega, Port Elizabeth, with the announcement that the company had been granted a manufacturing licence for the project.. 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...
 
East London port sees growth in volumes, productivityA R20 million investment is set to boost the port’s auto capacity. Investor confidence in the Eastern Cape is growing, with millions of rands in investment flowing into the province. This is evident in the many major retail and commercial developments that are either already under way or in the planning stages. . Read More...
 
City’s auto, manufacturing sectors shaping city’s successThe Nelson Mandela Bay economy contributes roughly 40% of the Eastern Cape’s GDP, thanks largely to the automotive and manufacturing sectors in Port Elizabeth. According to big business, the city and Coega Development Corporation are playing their part in ensuring a smooth ride for industry. . Read More...
 
Economic stress points to business climate worseningProvinces such as Gauteng and the Western Cape are experiencing more economic pain.. 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...
 
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...
 
Eveready takes SA’s innovation awardA 70-year-old Mandela Bay company has been named winner of the major business category in the hotly contested 2008 Proudly South African campaign.. Read More...
 
Changes at VWSA as German parent relignsVolkswagen SA will not build the sixth-generation Golf after the car is launched in Europe next year. Jetta production will also move overseas once the current model runs out. However, MD David Powels says a realignment of the company's product manufacturing strategy will compensate for the loss of these core models.. Read More...
 
Emerging contractors receive skills boostOver 60 Eastern Cape emerging contractors will to take part in the R5 million Eastern Cape Development Corporation (ECDC) Integrated Emerging Contractor Development Model (IECDM) programme this year.. Read More...
 
EMERGING CONTRACTORS RECEIVE SKILLS BOOSTOver 60 Eastern Cape emerging contractors will to take part in the R5 million Eastern Cape Development Corporation (ECDC) Integrated Emerging Contractor Development Model (IECDM) programme this year. . Read More...
 
WEF reports slowed growth for Sub-Saharan AfricaThe International Monetary Fund (IMF) said on Wednesday that there was a 25% chance that global growth would drop to 3%, or less, in 2008 and 2009, to a level that would be equivalent to a global recession.. Read More...
 
SA design exports snapped upSOUTH African design exports ranging from recycled bottle top mats to bath plug chain chandeliers are being snapped up internationally, contributing to local job creation and wealth generation.. Read More...
 
Essential oils poised to become major new industry in ECapeThe Eastern Cape is poised to become one of the dominant contributors to South Africa’s burgeoning essential oils industry, with 10 government-sponsored trial sites currently in development throughout the province.. Read More...
 
ECDC stable and sustainable, says Annual ReportAn unqualified audit report by the Auditor-General was evidence of the fact that the Eastern Cape Development Corporation (ECDC) had reached both internal stability and long-term sustainability.. Read More...
 
Alice renewal on the cardsAmathole Economic Development Agency wants to “link the town and university to create a heritage town”.. Read More...
 
WEF reports slowed growth for Sub-Saharan AfricaOverall global growth to slow to 3,7%.. Read More...
 
Property boom in Gonubie and Beacon BayEAST LONDON is creeping eastwards as the city’s economic growth sucks more residential property developments into Gonubie and Beacon Bay.. Read More...
 
R700m kick-start for Alcan smelter at CoegaIN a landmark move towards kick-starting construction at the $2,7-billion (R19-billion) Alcan smelter at Coega outside Port Elizabeth, the company yesterday announced that it had signed a R700-million deal with three firms for the plant‘s engineering design.. Read More...
 
IT Giants make EL their new homeEast London has entered the information technology map overnight with tow major national IT companies launching their services to the region yesterday.. Read More...
 
R174m facelift for PE airportIN a major boost for the region, the Port Elizabeth Airport is to receive a R174-million upgrade which will include lengthening the runway and building a double-storey parking arcade.. 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...
 
ECDC Playing a key role in developmentSince the inception of the R1,3 billion timber project in the Ugie-Malcear district in late 2005, the Eastern Cape Development Corporation (ECDC) has been deeply involved as the implementation arm of the Provincial Government.. Read More...
 
ECDC Playing a key role in developmentSince the inception of the R1,3 billion timber project in the Ugie-Malcear district in late 2005, the Eastern Cape Development Corporation (ECDC) has been deeply involved as the implementation arm of the Provincial Government.. Read More...
 
The Eastern Cape Development Corporation - Working hard for job creation and developmentBy working closely with the Eastern Cape Provincial and National government to boost economic development for the region, the Eastern Cape Development Corporation (ECDC) has identified sectors that will have the great impact on job creation, empowerment and growth. Read More...
 
R1bn scheme for BCM infrastructure unveiled‘WE are not elected to whinge’ – Executive Mayor Zintle Peter. Read More...
 
R1bn scheme for BCM infrastructure unveiled‘WE are not elected to whinge’ – Executive Mayor Zintle Peter. Read More...
 
Ugie becomes forestry boom town overnightTHE Eastern Cape’s timber and forestry industry is spearheading a rural economic revolution, which has already seen about R2,7 billion in investment in the province and promises to create thousands of direct jobs.. 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...
 
Bartlett takes on task of selling EL harbour plansDEVELOPMENT consultant Christelle Bartlett has been appointed to drive the East London harbour expansion project.. Read More...
 
R1bn bio-fuels project for Eastern Cape unveiledTHE Eastern Cape government has unveiled a R1-billion investment in a bio-fuels project in the Transkei that could result in 70 hectares of canola being planted and thousands of jobs being created.. Read More...
 
Wakeford has premier’s ear on E Cape economyEconomic Development Guru Kevin Wakeford has re-emerged in the Premier’s Office following his resignation as the head of the Eastern Cape Development Corporation last year.. Read More...
 
Hemingway’s mall set to begin building‘We’re committed,’ says Billion Group. Read More...
 
R1,4 bn InvestmentThe Eastern Cape Development Corporation (ECDC) has chalked up some significant achievements in the last financial year. Read More...
 
New holding tank facility to cater to East Coast Rock Lobster FisherThe development of a formal East Coast Rock Lobster fishery is gaining momentum at Port St Johns on the Eastern Cape coast where the nod has been given for the construction of a holding tank facility.. Read More...
 
R5 BN to revive EL POrtA proposed R5 billion major facelift of East Londons port could turn the fortunes of the Eastern Cape around. This was revealed in a study on the deepening and enlargement of the citys port, presented at the premises of Daimler-Chrysler South Africa yesterday. . Read More...
 
Major Upgradeelectricity supply to Ugie and Maclear Wood chip mill provides a catalyst for development in remote Eastern Cape region ESKOM is upgrading the electricity supply to Ugie to power a multi-million rand PG Bison wood chip factory which is being built in the town.. Read More...
 
Cacadu uses new technology to grow local businessDistrict presents new brand and marketing prospects to emerging and established tourism, trade and investment enterprises in the area. Read More...
 
Nkuhlu maps way forward for ECDCChairperson committed to drive corporations recovery to an efficient and effective institution. Read More...
 
ECDC, Services Seta Offers 10 Candidates Access To New SkillCorporation equips learners with project management skill and its application in different environments . Read More...
 
EC agricultural sector debates on its role in economyA comprehensive approach to bring agricultural sector to contribute to the six per cent economic growth target and BEE empowerment. Read More...
 
Leading car dealer partners with black-owned firmSoaring vehicle sales attracts Sekunjalo Investments to secure a 10% stake in EC’s largest Daimler Chrysler dealership Ronnies Motors. Read More...
 
Business, government at the forefront of unity and compromise“Business Eastern Cape”, a collective representation of all major business chambers in the province begin to collaborate their agenda to grow business in the province. Read More...
 
Municipality donates R500 000 to service excellence campaignOver 1 000 employees from 22 companies have been accredited, setting the trend to improve service in the city. Read More...
 
New economic plan targets former homelandsProposed strategy to see former Transkei and Ciskei transformed into a vibrant economy. Read More...
 
Municipality donates R500 000 to service excellence campaignOver 1 000 employees from 22 companies have been accredited, setting the trend to improve service in the city. Read More...
 
New economic plan targets former homelandsProposed strategy to see former Transkei and Ciskei transformed into a vibrant economy. Read More...
 
300% increase in construction for ECPublic works, Coega, 2010 to further increase demand in construction sector. Read More...
 
Promising prospects for NMB and ChinaChinese shows interest in the city’s automotive industry. Read More...
 
ECDC gives support to coastal town’s blueprintPort St John gets development plans underway with the signing of MOU. Read More...
 
EC set for irrigation upgradeR30 million funding to further uplift economic activity and create jobs for locals. Read More...
 
EC premier targets investment and tourism partnerships in AsiaAsian development model could help province boost developments in agriculture, tourism and education. Read More...
 
PG Bison beefs up its EC investmentsThe subsidiary of Steinhoff Africa opens R119 million sawmill in George. Read More...
 
ICT strategy for NMB geared to uplift metropole’s economy and developmentInnovation hub central focus of ICT summit with major players from the NMB ICT sector to lead strategy implementation. Read More...
 
EC’s empowerment deals to gain from R325 million fundingWomen allocated over 20 per cent from empowerment fund. Read More...
 
EC’s empowerment deals to gain from R325 million fundingWomen allocated over 20 per cent from empowerment fund. Read More...
 
ICT strategy for NMB geared to uplift metropole’s economy and developmentInnovation hub central focus of ICT summit with major players from the NMB ICT sector to lead strategy implementation. Read More...
 
Car dealership paves way for BEE partnership in ELPurchase of Barnes Motors is latest venture by 100 per cent black-owned Izingwe. Read More...
 
Forum looks at EC’s growth plan Skills development and economic growth key to PGDP . Read More...
 
New markets open up for localsEC exporters to receive international exposure through new exhibition facility. Read More...
 
New transport charter to increase black participationPolicy aims to empower blacks throughout the industry’s value chain.. Read More...
 
R28bn Umzimvubu to create 500 000 jobsThe Umzimvubu water project is critical to growth and development in the former eastern and central Transkei.. Read More...
 
Local auto manufacturers strengthen their market positionsVolkswagen and General Motors make a strong showing in the passenger market . Read More...
 
ECDC boss lauds LED programmeWakeford supports three funds that will support provincial stakeholders. Read More...
 
Ngcuka buys into PinnacleAmabubesi buys 20 per cent of popular small cap company. Read More...