Corporate Profile

About US


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


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



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


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

Interim Chairperson of the Board Simphiwe Somdyala

executive management

Executive Managers

Chief Executive Officer Ndzondelelo Dlulane

Executive Manager: Legal Mandla Mpikashe

Head: Development Finance and Business Support Tandeka Rozani


Acting Head: Trade, Investment and Innovation Rowan Govender

Head: Properties and Strategic Projects Craig Thompson

Executive Manager: Corporate Services Lesley Govender

Interim Chief Financial Officer Nielesh Ravgee


our footprit



EL Regional Office

Ocean Terrace Park, Moore Street

Quigney, East London

PO Box 11197, Southernwood, 5213

Tel +27 (0) 43 704 5604




68 Cape Road, Mill Park

PO Box 1331, Port Elizabeth, 6000

Tel +27 (0) 41 373 8260

Fax +27 (0) 41 374 4447



7 Sisson Street, Fort Gale

Private Bag X5028, Mthatha, 5099

Tel +27 (0) 47 501 2200

Fax +27 (0) 47 532 3548


Satellite office


98 Somerset Street

P O Box 198, Aliwal North, 9750

Tel +27 (0) 51 633 3007



22 Cathcart Road

Private Bag X7180, Komani, 5320

Tel +27 (0) 45 838 1910

Fax +27 (0) 45 839 3014




24 High Street

PO Box 117, Butterworth, 4960

Tel +27 (0) 47 401 2700

Fax +27 (0) 47 491 0443