Corporate Profile

About US

Vision

The new vision of the ECDC is, a leader in facilitating inclusive sustainable economic growth.

Mission

To promote and coordinate inclusive economic development through innovative finance and investment solutions.

 

Values

In pursuit of its vision and mission the ECDC is committed to and guided by the following values:

  • Integrity – In all our dealings with all people we are known for our spirit of honour, reliability and accuracy.

  • Professionalism – We are defined by our positive, presentable, demeanour and our quest for continuous improvement.

  • Accountability – We are always ready to give a truthful, accurate account of our use of company time, assets and opportunities.

  • Teamwork – None of us is as productive as all of us when we complement each other to achieve a common goal.

  • Innovation - We reflect and embrace innovation in all we say, think and deliver on.

  • Customer-centrism - We place maximum value on the centralty of the customer in dealing on our mandate.

Constitutional Mandate

The constitution says that the government has an obligation to transform the economy into one that does not discriminate, that protects and respects the dignity of each person and steadily improves the standards of living. ECDC‘s mandate is to plan, finance, co-ordinate, market, promote and implement development of the Province and its people in the fields of industry, commerce, agriculture, transport and finance. ECDC, in its current form, emerged due to the merger of the following development finance institution

 

In fulfilling its mandate, the ECDC is guided by the following legislation and policy framework amongst others:

  • Eastern Cape Development Corporation Act No. 2 of 1997.

  • White paper on SMME promotion

  • National Small Business Act 29 of 2004, as amended

  • Co-operatives Act No. 14 of 2005, as amended

  • Co-operatives Bank Act No. 40 of 2007

  • Preferential Procurement Policy Framework Act No. 5 of 2000

  • Broad Based Black Economic Empowerment Act No. 46 of 2013, as amended

  • Companies Act No. 71 of 2008, as amended

  • National Credit Act No. 34 of 2005, as amended

  • Prescription Act No. 68 of 1969

  • Public Finance Management Act No. 1 of 1999

leadership

The Eastern Cape Development Corporation's Board of Directors, and Executive Management's ability to deliver on the Corporations' purpose, mission and strategic objectives is underpinned by the quality and expertise of its leadership.

Board of Directors

Vuyani Jarana
Vuyani Jarana

Board Chairperson

press to zoom
Simphiwe Somdyala
Simphiwe Somdyala

Board Deputy Chairperson

press to zoom
Thobile Buthelezi
Thobile Buthelezi

Board Member

press to zoom
Siyabuka Siko
Siyabuka Siko

Board Member

press to zoom
Tracy Cumming
Tracy Cumming

Board Member

press to zoom
Makaziwe Makamba
Makaziwe Makamba

Board Member

press to zoom
Phumeza Bono
Phumeza Bono

Board Member

press to zoom
Boniswa Koneti
Boniswa Koneti

Board Member

press to zoom
Nolitha Pietersen
Nolitha Pietersen

Board Member

press to zoom

Executive Managers

 
 
 
Ayanda Wakaba
Ayanda Wakaba

Chief Executive Officer

press to zoom
Mandla Mpikashe
Mandla Mpikashe

Executive Manager: Legal and Governance

press to zoom
Nielesh Ravgee
Nielesh Ravgee

Interim Chief Financial Officer Nielesh Ravgee

press to zoom
Lesley Govender
Lesley Govender

Executive Manager: Corporate Services Lesley Govender

press to zoom
Craig Thompson
Craig Thompson

Head: Properties and Strategic Projects Craig Thompson

press to zoom
Tandeka Rozani
Tandeka Rozani

Head: Development Finance and Business Support Tandeka Rozani

press to zoom

our footprit

 
ECDC_icon10.png

HEAD OFFICE

EL Regional Office

Ocean Terrace Park, Moore Street

Quigney, East London

PO Box 11197, Southernwood, 5213

Tel +27 (0) 43 704 5604

ECDC_icon6.png

REGIONAL OFFICE 

   PORT ELIZABETH

68 Cape Road, Mill Park

PO Box 1331, Port Elizabeth, 6000

Tel +27 (0) 41 373 8260

Fax +27 (0) 41 374 4447

ECDC_icon5.png

REGIONAL OFFICE
      MTHATHA

7 Sisson Street, Fort Gale

Private Bag X5028, Mthatha, 5099

Tel +27 (0) 47 501 2200

Fax +27 (0) 47 532 3548

ECDC_icon7.png

Satellite office

  ALIWAL NORTH

98 Somerset Street

P O Box 198, Aliwal North, 9750

Tel +27 (0) 51 633 3007

ECDC_icon8.png

regional OFFICE -    QUEENSTOWN

22 Cathcart Road

Private Bag X7180, Komani, 5320

Tel +27 (0) 45 838 1910

Fax +27 (0) 45 839 3014

ECDC_icon12.png

REGIONAL OFFICE 

BUTTERWORTH

24 High Street

PO Box 117, Butterworth, 4960

Tel +27 (0) 47 401 2700

Fax +27 (0) 47 491 0443