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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

R40 million required for maize storage facilities in the Transkei To alleviate the chronic shortage of maize storage space for farming communities in the former Transkei R40 million is required for constructing new silos and refurbishing existing ones. Read More

Grand unveiling for SA’s first electric car in Switzerland South Africa's first electric car, the Joule, which is expected to be manufactured either in the Coega or the East London industrial development zones, will be featured at the Geneva Motor Show in Switzerland next month. Read More

Rural development pilot a success The 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

Matatiele to stay in E Cape Matatiele will stay in the Eastern Cape following a Constitutional Court ruling on Wednesday that the legislation used to transfer it from KwaZulu-Natal was not unconstitutional.
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AsgiSA EC comments on the budget AsgiSA Eastern Cape (EC) chief executive officer Simpiwe Somdyala has described the national budget speech by finance minister Pravin Gordhan as “positive and pragmatic.” Read More
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 Economic Indicators
 |
R7.4112 |
|
0.33% |
 |
R11.1361 |
|
0.14% |
 |
R10.1053 |
|
0.30% |
| Plat. |
$1585.50 |
|
0.44% |
| Gold |
$1122.15 |
|
0.07% |
| Oil |
$80.17 |
|
0.37% |
 
 
 
 
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