VWSA entry-level cars top sales as market recoversUitenhage-based OEM says current level of sales last seen in 2007. Read More...
 
R2 billion for investment promotion, a job creation programmeEastern Cape government eyes 30,000 jobs with Industrial Jobs Stimulus Programme. Read More...
 
China could play a transformative role in the Eastern CapeLeading economist says the Province is a hidden opportunity. Read More...
 
Film industry touted as competitive advantage for Eastern CapeCEO says its heritage is strength for developing the Eastern Cape’s untapped film industry. Read More...
 
Mercedes-Benz wins top global production awardThe award went to the East London plant because it had yielded the fewest defects and malfunctions of any plant serving the US market.. Read More...
 
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...
 
National arts festival’s popularity still on the increaseSome 22 countries were represented at the ever-popular festival.. Read More...
 
VWSA ramps up its investmentVolkswagen SA (VWSA) yesterday announced a R500m investment in a new workshop facility, adding to a R5,23bn investment by the group in SA over the past four years.. 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...
 
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...
 
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...
 
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...
 
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 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 shapes up in turnaround strategyThe Eastern Cape Development Corporation (ECDC) has stabilised and 80 percent of its turnaround strategy has been fulfilled within the designated timeframes, says ECDC chief executive officer Mxolisi Matshamba.. Read More...
 
ECDC shapes up in turnaround strategyThe Eastern Cape Development Corporation (ECDC) has stabilised and 80 percent of its turnaround strategy has been fulfilled within the designated timeframes, says ECDC chief executive officer Mxolisi Matshamba.. 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...
 
WEF reports slowed growth for Sub-Saharan AfricaOverall global growth to slow to 3,7%.. Read More...
 
Rand could protect South African economyAN UNDERVALUED currency could help protect South Africa from an expected global economic slowdown.. Read More...