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New ECDC CEO begins office at the corporation Sitembele Mase, previously CEO of the micro finance institution South African Micro Finance Apex Fund (SAMAF), has been appointed the Eastern Cape Development Corporation’s chief executive office. Read More

East London IDZ launches agro processing hub Leading EC IDZ has identified agro-processing as a high impact sector. Read More

Mercedes-Benz wins top global production award The 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 rise Brisk 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 increase Some 22 countries were represented at the ever-popular festival. Read More

Projects highlight agro-processing to grow province's jobs Pineapple industry restructuring sets it on “good footing”. The Eastern Cape is pushing ahead with a number of high-impact projects in the agro-processing industry that will create a significant number of jobs, Eastern Cape Development Corporation sector manager for agro-processing Mlamli Nodada said yesterday. Read More
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 Economic Indicators
 |
R7.5907 |
|
0.13% |
 |
R11.6189 |
|
0.17% |
 |
R9.7945 |
|
0.23% |
| Plat. |
$1511.50 |
|
0.23% |
| Gold |
$1192.63 |
|
0.06% |
| Oil |
$75.20 |
|
0.13% |
 
 
 
 
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