East London IDZ launches agro processing hubLeading EC IDZ has identified agro-processing as a high impact sector.. Read More...
 
Coega’s Gasa get presidential commission’s voteBridgette is the only member of the commission from the Eastern Cape.. 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...
 
Rural development pilot a successThe communities of Tsolo and Qumbu villages roundly applauded the Department of Agriculture and Rural Development and the provincial government during the recent visits to the rural development pilot sites.. 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...
 
Nelson Mandela Bay on track with 2010 constructionNelson Mandela Bay will be well prepared for the world cup with the completion of a new hospital and stadium.. 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...
 
ECDC move from traditional to contract based finance pays dividendsEastern Cape business follows global move to microfinance. Read More...
 
ECDC move from traditional to contract based finance pays dividendsThe move from traditional forms of microfinance to the less risky tender or contract-based finance has paid dividends for the Eastern Cape Development Corporation (ECDC).. 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 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...
 
Shamwari scores another awardThe Eastern Cape nature reserve recognized for its environmental efforts. . Read More...
 
Bhisho Airport to see its first commercial flights and more flights to MthathaNewly renovated Bhisho Airport has received some interest from Air Link to have its first commercial flights and more flights to Mthatha Airport in the near future.. 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...
 
Coaches boom for EC passenger train serviceKei Rail will transport 464 passengers in comfort between Mthatha and East London, and be linked to the Johannesburg/East London service. . Read More...
 
EC manufacturer secures 2010 bus tenderEast London based motor manufacturer together with MAN secures more than two thirds of a bus tender worth R1,4 billion. . Read More...
 
Coega refinery to cut SA’s fuel import bill by billionsThe proposed 400 000-bl/d crude oil refinery PetroSA is planning to build at Coega in the Eastern Cape, could have a positive impact on South Africa’s current account balance, Minerals and Energy Minister Buyelwa Sonjica said on Tuesday . 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...
 
NGQURA CONTAINER TERMINAL GAINING MOMENTUMA combination of expert management and state-of-the-art equipment could see Ngqura container terminal (NCT) in South Africa positioning itself as a major container hub for sub-Saharan Africa. So says Transnet Port Terminals’ Chief of Operations, Solly Letsoalo.. 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...
 
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...
 
Eastern Cape takes robust approach to investment promotionCEO Mxolisi Matshamba shares the corporation’s thinking on promoting the province in the current economic climate. Like all investment promotion agencies across the world, current negative market sentiment has also challenged the Eastern Cape. Furthermore, previous incentives like low electricity and labour rates have also been lessened over time. . 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 view on the Eastern Cape's investment promotion prospectsCEO Mxolisi Matshamba shares the corporation's thinking on promoting the province in the current economic climate.. 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, Housing and Public Works sign emerging contractors’ agreementTwo hundred contractors to build over 1,000 homes.. Read More...
 
ECDC, Housing and Public Works sign emerging contractors' agreementAn agreement signed yesterday between the Eastern Cape Development Corporation (ECDC) and the departments of Public Works and Housing will see over 200 emerging contractors gain access to finance, jobs and skills over the next two years. As part of the programme, emerging contractors graduating from the ECDC’s Integrated Emerging Contractors Development Model (IECDM) and public works emerging contractors Incubator programme have preference when tendering for the department of Housing infrastructure projects. . 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...
 
Eastern Cape tourism industry overhaulA major overhaul of the Eastern Cape tourism industry is underway to position the province as a tourism “mecca” while leveraging off the opportunities presented by the lucrative 2010 Soccer World Cup.. 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...
 
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...
 
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...
 
Eastern Cape tourism industry overhaulA major overhaul of the Eastern Cape tourism industry is underway to position the province as a tourism “mecca” while leveraging off the opportunities presented by the lucrative 2010 Soccer World Cup. These processes include the review of the province’s Tourism Master Plan which is set to be complete later this month, the updating of statistical data on tourism products and the implementation of the provincial tourism six - point plan for 2010. . 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...
 
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...
 
DBSA redefines its role as a DFIThe Eastern Cape is to benefit from 17 000-unit housing project in King Sabata Dalindyebo, Mthatha, as the institution looks to establishing sustainable communities. In an effort to redefine its role as a development funding institution the Development Bank of Southern Africa (DBSA) is helping establish sustainable communities. . 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...
 
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...
 
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...
 
Auto components exports accelerateNAACAM says local OEMs are rising to the challenge of the local market slowing. South African car exports this year are expected to increase by 50% more than last year, with the component production for locally produced vehicles increasing in tandem, says National Association of Automotive Components and Allied Manufacturer's (Naacam's) Executive Director, Roger Pitot. . Read More...
 
FEASIBILITY STUDY FOR SOMERSET EAST AGRI-PARKA three-month feasibility study, funded by the Eastern Cape Development Corporation (ECDC) and the Blue Crane Development Agency (BCDA), is set to combine three successful agricultural projects in Somerset East into a single entity.. Read More...
 
Feasibility study for Somerset East Agri-parkA three-month feasibility study, funded by the Eastern Cape Development Corporation (ECDC) and the Blue Crane Development Agency (BCDA), is set to combine three successful agricultural projects in Somerset East into a single entity. . Read More...
 
Blue sky prospects for Somerset EastSomerset East is set to get the province’s next private pilot training academy, once the town’s landmark 1,5 km runway is completed. . 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...
 
Blue sky prospects for Somerset EastSomerset East is set to get the province’s next private pilot training academy, once the town’s landmark 1,5 km runway is completed. The town, about 180 kilometres from the metropolitan hub of Port Elizabeth (Nelson Mandela Bay Metropole), was granted the funding for the runway through the Special Municipal Infrastructure Grant (SMIF) on the advice of Eastern Cape Development Corporation (ECDC) regional head Ken Bern, which is involved in several projects in and around the town. . Read More...
 
More road infrastructure improvements for ECThe Eastern Cape Department of Roads and Transport recently announced that it would spend R100m on reconstructing the province's roads during this financial year.. Read More...
 
Official opening of R1,3-billion Eastern Cape factoryA R1,3 billion Steinhoff-PG Bison particle board factory built near Ugie in the north east forests of the Eastern Cape has been opened officially. The factory, which followed Steinhoff’s acquisition of a 67% stake in the North Eastern Cape Forests plantations, started production in December and has been on a steady ramp-up towards full production. . 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...
 
Expanded Public Works looks at creating 52 000 jobsTHE Eastern Cape public works department aims to create 52000 jobs through the expanded public works programme and train 39000 people through various programmes, Public Works MEC Christian Martin said.. 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...
 
NMMU and PBMR company sign research agreementPort Elizabeth-based university NMMU is one of four South African universities to have signed a research agreement with the Pebble Bed Modular Reactor (PBMR) company. . Read More...
 
R448m high-density homes plan for BayABOUT 5 000 high-density homes are to be built for Nelson Mandela Bay in the first three financial years of a five-year municipal programme.. Read More...
 
R448m high-density homes plan for BayABOUT 5 000 high-density homes are to be built for Nelson Mandela Bay in the first three financial years of a five-year municipal programme.. Read More...
 
EU funding gives goat farmers a head startTHE granting of R4,07-million to the Makana Goat Farmers‘ Project by the European Union (EU) through the East Cape government‘s Thina Sinako support programme has been hailed by the Makana municipality.. Read More...
 
Port of East LondonFocused on lowering costs of doing business. 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...
 
Work may start soon on Wild Coast toll roadCONSTRUCTION of the controversial N2 Wild Coast toll road between East London and Durban is expected to start “before the end of the year”.. 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’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...
 
R131m boost for Bay transportTHE Nelson Mandela Bay municipality will receive R131,2-million from the national treasury in the coming financial year (2007/2008) for 2010 Soccer World Cup transport-related infrastructure.. 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...
 
R10m computer boost for FET colleges in ECA Multimillion rand initiative to boost education facilities at the provinces eight Further Education and Training Colleges is helping rural youth to play their part in the global information technology highway.. Read More...
 
R131m boost for Bay transportTHE Nelson Mandela Bay municipality will receive R131,2-million from the national treasury in the coming financial year (2007/2008) for 2010 Soccer World Cup transport-related infrastructure.. 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...
 
Expression of interest - provision of specialised servicesCall for expression of interest and quotations for provision of specialised services. Loan evaluations and risk assessments, due diligence and business valuation services. 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...
 
EC timber boom will benefit thousandsAN EXPECTED boom in the Eastern Cape’s timber and forestry industry is set to create thousands of direct jobs within the province, Trade and Industry Minister Mandisi Mpahlwa said yesterday.. 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...
 
R170m Njoli Square facelift approvedTHE business plan for the redevelopment of Njoli Square at KwaZakhele – estimated to cost about R170-million – has been approved by the municipality, but funding is not readily available.. Read More...
 
Small Gonubie mall steal the thunderAlmost unnoticed, a new shopping centre on the corner of Gullsway and Main Road, Gonubie, is under construction and is expected to open for business in November this year.. 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...
 
MEC set to unveil total Eastern Cape budget of R30,8bnTHE Eastern Cape will have a total budget of R30,8-billion – plus the amount that Finance MEC Billy Nel plans to collect in own revenue through vehicle licence fees, gambling taxes and other sources.. Read More...
 
R1,7bn for BEE and small businessesAGENCIES operating under the umbrella of the department of trade and industry would receive R1,7 billion to promote black economic empowerment and small business development, Finance Minister Trevor Manuel said yesterday.. Read More...
 
Construction underway at Chintsa River Golfing EstateConstruction on the Chintsa River Golfing Estate on the Chintsa River is now well underway. 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...
 
Coega get major biomass fuel plantA R50-million biomass fuel-pellet project has been launched at the Coega Industrial Development Zone near Port Elizabeth, South African Broadcasting Corporation news reported on Wednesday.. 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...
 
Bhisho set for international airportBhisho airport invites airlines, car rental depots, restaurants and accommodation enterprises to submit proposals. Read More...
 
Ugie timber plant secures power supply with EskomMultimillion rand Steinhof/PG Bison timber processing plant to promote a development boom in former Transkei. Read More...
 
City covers all bases for WC planningCity ropes in major sectors to fast-track WC2010 preparations, constructions of R1.1-bil stadium underway. Read More...
 
Thai ploughs R750-mil in PEWindy city continues to grow its automotive industry, motorcycle plant to further boost sector. Read More...
 
Dti, ECDC co-host export workshopCorporation committed to grow export from the province. Read More...
 
Hub to open its doors to ICT entrepreneursR9-m government funding and appointment of chief executive sets hub developments in motion. Read More...
 
BC offered the “ultimate shopping experience”Exclusive R800-m shopping centre to be situated next to Hemingways Casino. Read More...
 
BC offered the “ultimate shopping experience”Exclusive R800-m shopping centre to be situated next to Hemingways Casino. Read More...
 
Hub to open its doors to ICT entrepreneursR9-m government funding and appointment of chief executive sets hub developments in motion. Read More...