Coega

Ahead of the International Coastal Clean Up Day 2023, the Nelson Mandela Bay Executive Mayor, Gary van Niekerk, Coega Development Corporation Chief Executive Officer, Mr. Khwezi Tiya and Sustainable Seas Trust Executive Director, Dr. Stacy Webb, today, joined Coega employees, investors located in the Coega Special Economic Zone (SEZ) and other stakeholders, for the second Annual Coega SEZ Coastal Clean Up Day.

Aligned to Coega’s commitment to the United Nations Sustainable Development Goals 13 (Climate Action) and 14 (Life Below Water), Paris Agreement on climate change, and in commemoration of International Coastal Clean Up Day on 16 September, the Coega SEZ Coastal Clean Up aims to raise awareness about the growing challenge of pollution on beaches and encourage behaviour change.

The Coega SEZ Coastal Clean Up aims to safeguard marine environments against land pollution, raise awareness about the growing problem of increased pollution levels on beaches, and encourage change in behavioural patterns that negatively affect the beach and marine environments. Targeted litter items on the day included plastic, metal, glass, paper, unrecyclables, and any other debris that may cause harm to land and ocean species.

According to Sisa Xabanisa, Coega Environmental Manager, “Hosting International Coastal Clean-up Day aligns with our belief that unity is the driving force behind meaningful and sustainable change. By bringing the Coega community and stakeholders together, along with the rest of the world, to commemorate the cause, we aim to champion change through unity. Hopefully, our collective efforts reflect our unwavering commitment to safeguarding marine environments for future generations. Plastic pollution is a massive problem for our coastal environments, and every small action to clean up is a big step towards making a difference.”

Coastal clean up efforts contribute to the preservation of both marine and terrestrial life by removing litter and pollutants from beaches and coastlines, reducing the presence of toxic chemicals, creating a safer coastal environment, and ensuring the safe disposal of collected litter.

Dr. Stacy Webb, Executive Director at Sustainable Seas Trust, says: “Our partnership with Coega is aligned with our goal of growing a network to create awareness and facilitate best practices around the conservation of our seas, and the management of the waste that flows into them. Together, we can create a future where Africa’s people and Africa’s seas flourish together.”

The Coega SEZ Coastal Clean Up stands as a testament to Coega’s fundamental value of sustainability and helps prevent the contamination of critical habitats, such as mangroves and wetlands, which are essential for biodiversity and the wellbeing of land and marine species. Ultimately, these collective actions work together to ensure the sustainable coexistence of life on land and in our oceans.

Ms. Mareleze DuRandt, Coega Human Capital Solutions Administration Coordinator, shares insight on her participation: “At Coega, we recognise the importance of corporate social responsibility and environmental stewardship. By actively participating, we aspire to demonstrate our commitment to a cleaner, healthier environment. It’s about taking proactive steps toward a sustainable future.”

As the developer and operator of a preferred and competitive investment destination, and a leading SEZ in Africa, Coega is committed to fostering a harmonious coexistence with the natural environment, as a leading catalyst for the championing of socio-economic development.

Gqeberha, South Africa, 12 September 2023 – As a function that is central to the achievement of clean audit findings, effective records management ensures the responsible handling and retrieval of vital information for verification purposes. As a standard practice, the Coega Development Corporation (Coega), recently, welcomed the Department of Rural Development and Agrarian Reform (DRDAR) for a benchmarking visit aimed at studying Coega’s record management and processes, to identify areas of improvement for the department.

According to Ms. Gqigqi Dotwana, the Deputy Director for Records Management at the Department of Rural Development and Agrarian Reform: “Cultivating a culture of effective record management is the bedrock of progress, and visiting Coega was a step toward nurturing this foundation. We aimed to learn from Coega’s meticulous processes, so we may harvest knowledge to enhance our own department’s commitment to responsible record keeping.”

Mr. Premier Masango, Coega Records Management Officer, underlines the significance of the organisation’s records management process and guidelines: “Efficient document and record management is the backbone of our organisation’s success. These practices strengthen Coega’s ability to make informed decisions, enhance operational efficiency, and drive growth. By maintaining a structured and standardised system for documenting and managing information, Coega not only achieves clean audit findings but also fosters a culture of accountability, innovation, and continuous improvement.

“These guidelines provide a solid foundation for mitigating risks associated with data breaches, loss of critical information, and regulatory non-compliance. Ultimately, Coega’s records management process and guidelines are instrumental in safeguarding its reputation, bolstering stakeholder confidence, and positioning the organisation as a leader in its industry.”

Benchmarking provides a comparative analysis of how successful entities handle their information assets, enabling organisations to make better informed decisions. By benchmarking record management practices, Coega gains valuable insights into industry best practices, eliminates inefficiencies, and streamlines its operations, ultimately leading to enhanced efficiency, reduced costs, and improved productivity.

Regular evaluations of document and record management practices empower Coega to identify opportunities for innovation and advancement, ensuring long- term sustainability and success, and adaptability to evolving technologies, industry trends, and regulatory requirements.

Lastly, effective document and record management practices mitigate risks associated with data breaches, loss of information, and non-compliance. Benchmarking enables Coega to implement robust security measures, reducing the likelihood of data breaches and protecting sensitive information. Coega is committed to upholding best practices as an International Organisation Standardization (ISO) certified organisation, fostering confidence among investors, clients, and government agencies, and ultimately, ensuring overall organisational success.

Coega has made significant strides in job creation, through 15,222 total jobs created, which comprise 5,844 construction jobs and 9,378 accumulative operational jobs in the Coega Special Economic Zone.

Coega has yet again emerged as a beacon of hope and catalyst for driving economic development.

Through its steadfast commitment to creating a preferred investment destination in Africa and cultivating sustainable strategic partnerships, Coega has made significant strides in job creation, through 15,222 total jobs created, which comprise 5,844 construction jobs and 9,378 accumulative operational jobs in the Coega Special Economic Zone (SEZ).

Coega aims to stimulate socio-economic development through, amongst other efforts, attracting sustainable investments in the SEZ, and as a trusted infrastructure implementing agent of choice in the country and beyond its borders through the Coega Africa Programme (CAP). Empirical studies have shown that economic growth tends to be positively associated with job creation. Throughout the 2022/23 financial year, Coega has demonstrated unparalleled success in the realm of job creation, as a story of good progress, with a dedicated focus on key sectors including manufacturing, automotive, energy, and logistics, thereby significantly bolstering the local economy, and enriching the lives of individuals and communities.

Coega’s approach to job creation is rooted in its dedication to skills development and comprehensive training programmes that are offered to communities, and a special focus on youth, women, and persons with disabilities. Coega’s achievement on job creation is in line with the objectives of the country’s National Development Plan (NDP), vision 2030 and other government’s initiatives to stimulate employment opportunities. Moreover, such interventions are important as the country currently faces a 32.6% unemployment rate, according to Statistics South Africa, with recent job gains stemming mainly from construction, trade, and community and social services.

Having secured four investors, with a combined investment value of over R385.2 million in the first quarter of this financial year 2023/24, Coega seeks to build upon its achievements by attracting further investment, expanding its infrastructure portfolios, and diversifying its economic base. By placing emphasis on emerging sectors such as renewable energy, agro-processing, and information technology, Coega seeks to establish a sustainable and inclusive economic ecosystem capable of withstanding future challenges and uncertainties.

To achieve its objectives, Coega acknowledges the paramount significance of collaboration and partnerships. By nurturing relationships with local and international investors, industry stakeholders, and government entities, Coega can harness collective expertise, resources, and market opportunities. Furthermore, Coega remains unwavering in its commitment to maintaining a transparent and investor-friendly environment, ensuring a conducive business climate that attracts both domestic and foreign investments.

In conclusion, Coega’s exceptional achievement creating 15,222 jobs underscores its pivotal role as a driving force in fostering economic growth through the creation of meaningful employment opportunities. Coega’s unwavering dedication to sustainable development, strategic partnerships, and inclusive approach to job creation exemplify its commitment to enhancing both the local and national economic landscape.

The Coega Development Corporation (Coega) is emerging as a key entity in South Africa, acting as a conduit that facilitates connections between Small, Medium, and Micro Enterprises (SMMEs) and international investors. Through strategically devised partnerships, Coega has been instrumental in enabling access to market opportunities and funding for SMMEs.

In fact, Coega plays a significant role in bridging the gap between SMMEs and international investors, thereby contributing to economic growth and development. As a result, Coega has successfully forged alliances with international investors, creating an ecosystem that fosters collaboration and growth. These partnerships provide SMMEs with a platform to showcase their capabilities, form business linkages, and gain exposure to global markets. By leveraging the resources and networks of international investors, Coega amplifies the impact of SMMEs, enabling them to compete on a global scale.

Coega’s core function is to facilitate access to market opportunities for SMMEs. Through its collaborations, Coega identifies potential market niches and strategically connects SMMEs with large established entities seeking innovative products and services. By aligning investor needs with SMME offerings, Coega acts as a catalyst, forging mutually beneficial collaborations. This enables SMMEs to expand their customer base, enhance their market presence, and generate sustainable revenue streams.

It is crucial to highlight that access to funding remains a formidable obstacle for many SMMEs. Recognising this, Coega plays a key role in unlocking funding opportunities for SMMEs through its partnerships with international investors. Coega supports SMMEs in formulating funding proposals, improving business plans, and enhancing financial management capabilities. By providing guidance and support throughout the funding process, the organisation enhances the prospects of SMMEs securing the requisite capital to expand their businesses and realise their full potential.

In addition to enabling market access and funding, Coega places a critical emphasis on capacity building and skills development for SMMEs. Through various training programmes, mentorship initiatives, and workshops, the organisation equips SMMEs with the essential skills and knowledge to thrive in today’s competitive business landscape. By investing in human capital, Coega ensures that SMMEs are well equipped to seize market opportunities and sustain long-term growth.

The impact of Coega’s efforts can be seen through several success stories. For instance, a Coega SMME Development Programme recipient established five sister companies over a period of 16 years, which includes Mhlobiso Concrete, Mhlobiso Plant Hire, Mhlobiso Asphalt, Mhlobiso Transport and Mhlobiso Properties under the holding company, Mhlobiso Group. In 2022, Coega welcomed Mhlobiso Group subsidiary, Mhlobiso Concrete, to Zone 5 of the Coega Special Economic Zone (SEZ) as a Coega SEZ investor. Subsequently, this opened doors to new markets, resulting in a significant increase in revenue and job creation.

In conclusion, Coega will continue to serve as a vital link between SMMEs and international investors, facilitating market access and funding opportunities. Through these strategic partnerships, Coega should be able to strengthen the ecosystem, enabling SMMEs to compete, globally. By providing support in market identification, funding access, and capacity building, Coega can play an indispensable role in driving economic growth and fostering sustainable development.

CLICK HERE to submit your NMB Business News..

More Info on Coega Serves as a Catalyst for SMMEs and International Investor Partnerships by Facilitating Market Access and Funding Opportunities here: Coega Development Corporation
Address: Gqeberha
Author: Andile April from Coega Development Corporation.
Images: For high res version/s of None image/s please contact COega Development Corporation.

Gqeberha, South Africa, 1 September 2023 – The Coega Development Corporation (Coega) in partnership with the Government Communication and Information System (GCIS), this week, hosted a Women’s Empowerment Expo at the Coega Business Process Outsourcing (BPO) Park Auditorium to inform and empower young women before they embark on further education, training and/or entrepreneurship. The event formed part of Women’s Month activities, in line with this year’s theme of “Accelerating Socio-economic Opportunities for Women Empowerment.” This Expo follows Coega’s prestigious award of excellence in the Skills Education and Training category at the African Business Awards, in Sandton, north of Johannesburg on 17 August 2023.

The event provided 120 Grade 12 female learners, from Walmer High School, vital information about career, training, bursary, and funding opportunities from various stakeholders, including the National Youth Development Agency (NYDA), SA Youth Harambee, Transnet Freight and Rail, and the Coega Development Corporation. The programme concluded with a guided tour of the 9003ha Coega Special Economic Zone, exposing learners to key economic sectors and potential careers within these sectors.

According to Ms. Zukiswa Mqumbisa, GCIS Regional Communication Coordinator, “the inspiration behind this Expo stemmed from the fruitful collaboration between GCIS and Coega during the Youth Empowerment Expo in June to commemorate Youth Month. Recognising the value of collective efforts, the decision was made to extend this partnership into Women’s Month, aiming to collectively uplift young women through the Women Empowerment Expo. This event stood as a beacon of information, education, and opportunity for aspiring young minds.”

Women’s Month underscores the significance of elevating and providing comprehensive support to women from all walks of life. It serves as a poignant reminder of the continuous endeavours aimed at engendering an environment of inclusivity and parity, wherein women are enabled to robustly engage, assume leadership roles, and effectively articulate their perspectives.

Ms. Sandra Chinaka, Coega Skills Development Facilitator, shared Coega’s role in equipping young people with the necessary training, in line with Coega’s vision to be a catalyst for the championing of socio-economic development, “the Coega Skills Development Centre has been instrumental in empowering unemployed individuals by enhancing their skill sets and competencies.”

One of the learners, Sosulwe Tyuka, from Walmer High School, expressed her gratitude, “We are grateful for the opportunity to explore potential career paths and learn about different sectors within Coega Special Economic Zone. This Expo has exposed us to various opportunities that can guide our university and career choices.”

Coega’s partnership with GCIS underscores the significance of strategic collaborations in fostering positive transformation in society. As an organisation committed to empowerment, Coega continues to pave the way for women to seize socio-economic opportunities, thereby catalysing progress, and growth.

CLICK HERE to submit your NMB Business News..

More Info on Coega and GCIS Empower 120 Matriculants as Wrap-up to Women’s Month here: Coega Development Corporation
Twitter: https://twitter.com/coegadevcorp
Facebook: https://www.facebook.com/CoegaDevCorp/
Address: Corner Alcyon Road & Zibuko Street Zone 1, Coega SEZ, Gqeberha
Author: Andile April from Coega Development Corporation.
Images: For high res version/s of None image/s please contact Coega Development Corporation.

Gqeberha, South Africa, 31 August 2023 – The Coega Development Corporation (Coega), proudly supported the Eastern Cape Department of Education in collaboration with the Eastern Cape Department of Public Works and Infrastructure, with the official launch of Ngubengcuka Senior Secondary School

in Queenstown, and Attwell Madala Senior Secondary, in Mthatha, in the Eastern Cape. The launch of the schools is aligned to the United Nations Sustainable Development (SDG) Goal 4, which is about “ensuring inclusive and equitable quality education and promoting lifelong learning opportunities for all.”

The MEC for the Eastern Cape Department of Public Works and Infrastructure, Ms. Ntombovuyo Nkopane, and the MEC for the Eastern Cape Department of Education, Mr. Fundile David Gade, carried out the successful handover of the schools, with Coega leading the opening ceremonies.

Based on 23 years’ experience in infrastructure development, Coega’s primary objective in capacitating the province in infrastructure delivery revolves around leveraging its unique advantages to drive sustainable development and economic growth.

Consequently, Coega assists in ensuring that the Department of Education remains steadfast in its core mission. By offering a platform that facilitates skill development, job creation, and industrial progress, Coega contributes to a strengthened educational ecosystem. This symbiotic partnership empowers the Department of Education to concentrate its efforts on enhancing educational quality and access, while Coega continues to champion economic empowerment through infrastructural excellence as a Trusted Implementing Agent of Choice.

Ms. Thembeka Poswa, Coega Programme Director for Department of Education/ Department of Sport, Recreation, Arts and Culture, expressed deep appreciation for being trusted to lead the launch, “This milestone not only signifies our commitment to education and community development, but also exemplifies the strength of partnerships in achieving transformative results.”

Coega reaffirms its unwavering dedication to driving educational excellence through the enhancement of school infrastructure. As a catalyst for positive change, Coega recognises that well-constructed and modern facilities play a crucial role in raising education standards and nurturing the potential of future generations. As a result, the successful launch of these schools is a testament to the collective dedication to advancing education and fostering growth within the Eastern Cape region and beyond.

The launch of new schools holds immense significance, not only in terms of providing access to quality education but also in adding value to communities. Coega’s dedication to this cause is evident in its collaboration with stakeholders to create conducive learning environments that inspire growth and development, in line with the South African National Development Plan (Vision 2030).

In the Eastern Cape, where educational opportunities are crucial for the region’s progress, the development of schools is a critical component. Coega stands resolute in its belief that enhancing infrastructure in schools is a fundamental step towards raising education standards and shaping a brighter future; and the organisation understands that conducive educational facilities are integral to creating an environment that nurtures learning and empowers students.

The official opening of Ngubengcuka and Attwell Madala Senior Secondary Schools signifies not only new infrastructure (buildings), but a new chapter for learners, parents, and communities. Coega’s involvement underscores the organisation’s unwavering determination to contribute meaningfully to educational advancement and community development in line with its vision of being a leading catalyst for the champioining of socio-economic development.

CLICK HERE to submit your NMB Business News..

More Info on Coega Supports Official Launch of Schools in the Eastern Cape here: Coega Development Corporation
Author: Andile April from Coega Development Corporation.