Updated: Dec 15, 2021
ECDC Stakeholder Briefing on Institutional Renewal Progress and 2020/21 Annual Results.
07 December 2021
“The ECDC welcomes the Auditor General South Africa’s unqualified audit opinion for the year ended March 2021. This achievement is testament to good governance which is an important aspect of building trust between the ECDC and its capital partners. It is also a solid step in the right direction as the ECDC embarks on a major renewal to building a responsive and fit-for-purpose financial services operation in the Eastern Cape” ECDC Chief Executive Officer Ayanda Wakaba
Below is the full full 2020/21 Annual Report and ECDC Stakeholder Briefing Presentation by Mr. Ayanda Wakaba
ECDC AR 2021
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ECDC Stakeholder Briefing Annual Results 2020_21 Mr A Wakaba
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The ECDC Board Chairperson Mr Vuyani Jarana also gave an update on the ECDC New Strategy Development. The session was opened by the Head of Department for Economic Development, Environmental Affairs and Tourism Ms. Micky Mama speaking about Transforming the Eastern Cape Economy, click to view the HOD's speaking notes.
DEDEAT HOD Ms Mama at Stakeholder Briefing
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Automotive Industry Development Center for the Eastern Cape joined the ECDC, presenting the AIDC 2020/21 Annual Results summary with upcoming projects and key highlights for the year. Below is the presentation presented by the AIDC CEO Mr. Thabo Shenxane.
AIDC 2020_21 Annual Results Presentation Mr T Shenxane
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Mr. Max Mbuti of Flat-Foot Engineering gave an inspiring testimony of the impact the ECDC has had on his business through funding opportunities, participation in the ECDC organised Trade Mission, Exporter Development Programme and Manager Trainee Programme that opened new markets for flat-foot engineering and gained the company international partnerships. To read more about Flat-Foot Engineering click here to visit their website.
Stakeholder Briefing (OR Tambo Region)
13 December 2021
With the ECDC's strong property footprint and great potential for development in the OR Tambo Region including the Wild Coast, the Corporation met with Stakeholders in the region to unpack its plans and work done amidst the institutional renewal process.
Attended by business representatives from Local and District Municipalities, Organised Businesses, Government Departments and Private Investors; the need for strategic collaborations became a focal point to ensure development.
'Government and development institutions must invest in bankable business ideas, fast track policy alignment and enable business simplicity in order to realise impactful development.' ECDC Board Chairperson, Mr Jarana
Below are the presentations from the investors that joined the session.
Mr Dave Dobson - Synthetic LNG Plant
Investor Presentation on Biomass Mr D Dobson
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Mr. L Viljoen - Eastern Seaboard Development
Investor Presentation Wild Coast Smart City Mr Viljoen
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Giving a powerful talk on developing the Eastern Cape and its people, Ms Elsubie Virlinden, born and bred in the OR Tambo region called on all government institutions, private sector and individuals in the Eastern Cape to empower the youth of the Eastern Cape, especially their talent! View Ms Virlinden's video and the impact she has made in developing the youth and nurturing local talent into international platforms.
The Department of Economic Development, Environmental Affairs and Tourism has directed the ECDC to reposition itself as a central economic development agency playing a central role in provincial economic development coordination and influencing economic policy development. In driving the Eastern Cape vision, partnerships and collaborations key.
The ECDC is working on launching the new ECDC trajectory by 01 April 2022.