The Coega Development Corporation has responded to an article implicating the SOE in 'dubious' transactions. See: R1,2 Billion Eastern Cape may implicate Western Cape. The CDC said that it has noted with the greatest of concern the misleading media articles implicating the organisation with the objective to tarnish its image regarding the Roads Enterprise Development Programme (REDP). It is also concerning that the CDC has not been presented with the so-called “a series of reports Treasury … [Read more...] about Right of response – How to loot R1.6bn
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Coega welcomes increase in job numbers
“The Coega Development Corporation (CDC) is delighted by the increased job numbers reported by Statistics South Africa (Stats SA) from the Quarterly Employment Statistics report today,” says Dr Ayanda Vilakazi, CDC Unit Head: Marketing, Brand and Communications. It is reported employment increased from 9.78 million in December 2017 to 9.83 million in March 2018. This, largely contributed by community services, construction manufacturing, and business services sectors. “This translates to … [Read more...] about Coega welcomes increase in job numbers
CDC implements further water conservation measures to combat the worsening water crisis
The Coega Development Corporation (CDC) has upped its water conservation efforts in a bid to tackle the water crisis as it reaches dire straits in the Nelson Mandela Bay Metro. Earlier this year, the CDC had reported on their water wise garden which boasts a range of succulents such as Portulacaria afra (“spekboom”), Gasteria bicolor (“beestong”) and Euphorbia clava, cycads, including other aloe species which are known to be drought tolerant. The garden which is self-sustainable through the … [Read more...] about CDC implements further water conservation measures to combat the worsening water crisis
100 000 jobs created by CDC since inception
The Coega Development Corporation (CDC) has marked a significant milestone since the inception of the organisation with over hundred thousand (100 000) jobs created in the Coega project. “It gives us great pleasure to have realised this milestone. Equally, it serves as a motivator for us to push even further towards our vision to become the leading catalyst for the championing of socio-economic development,” says Dr Ayanda Vilakazi, CDC Head of Marketing, Brand and Communications. As … [Read more...] about 100 000 jobs created by CDC since inception
Coega identified as one of two sites to benefit from Gas to Power Programme
The Coega Development Corporation (CDC) was highlighted yesterday as one of two sites to benefit from the Gas to Power Programme. Jeff Radebe, in his maiden budget speech as Minister of Energy, highlighted the importance of the Energy mix to enable economic growth. “No industrial power can exist without developing its energy apparatus, in general, and expanding its electrification program, in particular,” says Jeff Radebe, Minister of Energy. The CDC, allocated a 1000MW gas to power plant … [Read more...] about Coega identified as one of two sites to benefit from Gas to Power Programme
Flying the Eastern Cape flag high
The Coega Development Corporation (CDC) has been nominated as a finalist in the inaugural 2018 Absa Business Day Supplier Development Awards, soon to take place in Parktown, Johannesburg, on 23 May 2018. The CDC, situated in the Eastern Cape, has consistently been flying the flag high for the province of the Eastern Cape despite the tough economic conditions faced by the country; with three (3) prestigious awards nominations in a short period of five (5) months, since the start of this year. … [Read more...] about Flying the Eastern Cape flag high
Coega SEZ nominated for international award
The Coega Development Corporation (CDC) announced today, it has been nominated for yet another international accolade at the African Infrastructure Project Developers Awards 2018 taking place on 18 June 2018 at the St Regis Hotel, Le Mourne in Mauritius, said Dr Ayanda Vilakazi, CDC unit head Marketing, Brand and Communications. No other SEZ in South Africa has previously made it on the shortlist of the prestigious awards. The nomination of the CDC sees it pitted against the best in both … [Read more...] about Coega SEZ nominated for international award
Coega to Focus on Emerging Businesses
The Coega Development Corporation (CDC) announced today that on 22 February 2018 it would launch its inaugural Supplier Development Day event-taking place at the Vulindlela Accommodation and Conference Centre (VACC) in Coega. The event, which is an initiative of the CDC, seeks to facilitate access to information for Small Micro Medium Enterprises (SMME’s) on opportunities as well as Enterprise Development Programmes. Furthermore, the Supplier Day serves as a networking and … [Read more...] about Coega to Focus on Emerging Businesses
NMB water crisis – Coega puts up its hand
“The Coega Development Corporation (CDC) is pro-actively implementing water conservation efforts by reducing its water consumption due to the drought experienced by the Nelson Mandela Bay area,” says Dr Ayanda Vilakazi, CDC’s Head of Marketing, Brand and Communications. The CDC has a water wise garden at its head office - CDC Business Centre, comprising of self-sustainable plants that are adaptable to survive without additional watering. The plants in the CDC garden are all indigenous and … [Read more...] about NMB water crisis – Coega puts up its hand
NHI Pilot clinics come on line
The Coega Development Corporation (CDC) has brought joy & jubilation to the hearts of many rural families in the Eastern Cape (EC) and heightened expectations in the province of the Free State. The CDC, an implementing agent on behalf of the National Department of Health, is currently implementing a total of eleven (11) clinics accumulatively valued at R457 million. The projects, consist of eight (8) clinics valued at R257 million in the EC has seen scores of job opportunities created … [Read more...] about NHI Pilot clinics come on line
CDC a finalist in South African Premier Business Awards
Thirty companies will be vying for top honours in the fifth edition of the South African Premier Business Awards. Winners will be announced at an awards ceremony that will take place at the Sandton Convention Centre on 30 January 2018. The awards are presented by the Department of Trade and Industry (the dti), in partnership with Brand South Africa and Proudly South African. Port Elizabeth based Coega Development Corporation is one of three finalists in the Investors Award sub category … [Read more...] about CDC a finalist in South African Premier Business Awards
CDC sues ECDoH for outstanding fees in excess of R150 million
The Coega Development Corporation (CDC) has instructed its lawyers to issue a letter of demand and instituted a legal action to recover outstanding debt with the Eastern Cape Department of Health (ECDoH) for outstanding fees in excess of R150 million. The CDC, an implementing agent for the department of health contracted to provide project management of infrastructure planning, development and facilities management. Given the seriousness of the dispute, that has prolonged for more than two … [Read more...] about CDC sues ECDoH for outstanding fees in excess of R150 million
Coega bolstered by improved BCI
The Coega Development Corporation (CDC) announced today, that it welcomes the improved business confidence by 3.4 index points to 93.0 from its lowest level thus far in August 2017. “What is even more encouraging is the higher merchandise import and export volumes making notable contributions to the monthly improvement of the Business Confidence Index (BCI) in September 2017,” says Dr Ayanda Vilakazi, CDC Unit Head: Marketing, Brand and Corporate Communications. The Coega Special … [Read more...] about Coega bolstered by improved BCI
CDC’s Top 9 Highlights for 2017
Despite the local and global economic challenges and slower economic growth, such as the tax revenue shortfall estimated at R50.8bn, a rising debt-to-GDP ratio and the revised growth for 2017 downwards from 1.3% to 0.7%. The Coega Development Corporation (CDC) has had a “significant and good year, contributing to the Eastern Cape (EC) Regional Economic Growth,” the CDC announced today. The CDC closes the 2017 calendar year with a record high in terms of operating investors, who on a … [Read more...] about CDC’s Top 9 Highlights for 2017
Maths and Science Program’s top achievers for 2017
The Coega Development Corporation (CDC) awarded its top nine (9) Math’s and Science (M&S) programme learners for the year 2017. The M&S programme, which has since inception improved marks of well over 320 learners over a period of ten months has managed to achieve a 100% pass rate for Physical Science and 98% for Mathematics. In the class of 2017, consisting of 80 learners, the class obtained a 99% pass rate for both Maths & Science. This at the backdrop of a sponsorship injection … [Read more...] about Maths and Science Program’s top achievers for 2017
