Chinese vehicle manufacturer Beijing Automotive Group (BAIC) and South Africa's Industrial Development Corporation (IDC) announced today the establishment of a new completely knocked down (CKD) vehicle plant, to be located in the Coega Industrial Development Zone (IDZ), Port Elizabeth. The who's who of the business and political world gathered at a spectactular catered event to mark the traditional sod turning ceremony. The accompanying media contingent reminded us of the masses of hacks that … [Read more...] about Historic BAIC / IDC Greenfields Automotive Plant Sod Turning
coega
Pepi Silinga – one of the most successful CEO’s in South Africa
The Coega Development Corporation (CDC), operator of the 11 500 hectors of the Coega Industrial Development Zone (IDZ), which is adjacent to the deep water Port of Ngqura has in the past 16 years shown great success and progress. The milestones achieved by the CDC have been a true reflection of its vision to become a leading catalyst for championing of socio-economic development in the Eastern Cape and country the country at large. CDC's growth is attributable largely to its Chief … [Read more...] about Pepi Silinga – one of the most successful CEO’s in South Africa
Coega is positioning the Eastern Cape as an energy manufacturing hub
A growing number of manufacturing opportunities are being created and sustained in the Eastern Cape by the installation of power generation facilities ranging from wind farms to renewable energy and nuclear power, according to Sandisiwe Ncemane, Coega Development Corporation (CDC) Business Development Project Manager - Energy Projects. She continues to say that within the borders of the Eastern Cape, the CDC has identified eight wind farms, five existing and planned hydro power facilities, … [Read more...] about Coega is positioning the Eastern Cape as an energy manufacturing hub
Russian Fact Finding Visit to Coega
The Russian Ambassador, HE Mikhali Petrakov visited the Coega IDZ yesterday, and was welcomed by the MEC for Economic Development, Environmental Affairs and Tourism, Hon. Sakhumzi Somyo, to establish a mutually beneficial business relationship between the Coega Development Corporation, Eastern Cape, and Russia. The Russian Ambassador is currently on a week-long exploration visit to the Eastern Cape. "Russia's relations with South Africa have been in place for many years, especially at a … [Read more...] about Russian Fact Finding Visit to Coega
BASA students on the move
Eight Coega Development Corporation (CDC) young professionals graduated from the University of Cape Town (UCT) with a Post-Graduate Diploma qualification in Business Analysis and Systems Analysis (BASA) on the 13th June 2016. The Post-Graduate Diploma forms part of CDC's internship programme's growth and development for all Interns who wishes to pursue studies in this field. The 12-month BASA programme is aimed at developing new approaches that extend the existing knowledge of … [Read more...] about BASA students on the move
The CDC’s Youth Development Agenda
This year (2016) marks 40 years since young people demonstrated against Afrikaans as a compulsory medium of instruction at schools. Forming part of the agenda was also the resistance against the Bantu Education Act introduced by the Apartheid government in 1953. Although this Act made it easier for more children to attend school in some areas, there was a great deal of discontent about the lack of facilities and the quality of education provided particularly to black children. The uprising … [Read more...] about The CDC’s Youth Development Agenda
Health Heals local economy
The refurbishment and upgrading of the Frontier Hospital in Queenstown and Mjanyana District Hospital in Ngcobo, as well as the upgrading of three clinics, is currently being implemented by the Coega Development Corporation (CDC). By the time that these projects are completed, over 1 200 jobs will have been created in the rural areas. Of these, nearly 850 jobs were given to people from the local community, and 28 internships were created for local graduates. In addition, site workers will … [Read more...] about Health Heals local economy
King Hintsa TVET College to benefit from driver training
The Coega Driver Training Programme kicked off on the 06 June 2016 at King Hintsa TVET College after a weeklong vigorous training programme for newly appointed Simulator Facilitators. The Driver Training Programme is a joint initiative between the Coega Development Corporation (CDC), Mbhashe Municipality and King Hintsa TVET College aimed at young graduates between the ages of 18-35 years. The programme consists of Learner's License Training and Simulator Training at no cost to … [Read more...] about King Hintsa TVET College to benefit from driver training
Ahead of the pack in youth empowerment
Unemployment continues to pose a challenge for the country's youth. The recently released Quarterly Labour Force Survey (QLFS) by Statistics SA for Quarter one of 2016 highlights an increase in the unemployment rate. The survey shows an increase in the national unemployment rate from 24,5% in the previous quarter to 26,7% in the first quarter of 2016. In the spirit of June being recognised as Youth Month in South Africa, with a specific focus on 16 June, also known as Youth Day, a pertinent … [Read more...] about Ahead of the pack in youth empowerment
The importance of investing in local communities
According to the United Nations (UN) Global Compact all organisations should support a precautionary approach to environmental challenges; undertake initiatives to promote greater environmental responsibility both economically and socially. As part of environmental responsibility, companies invest in social commitment activities to improve the quality of life in developing disadvantaged communities. According to the International Economic Development Council every corporation has the … [Read more...] about The importance of investing in local communities
Coega critical to South Africa’s Gas localisation Programme
Minister for Energy, Tina Joemat?Pettersson announced that the Department of Energy (DoE) "will make a preliminary information memorandum on the MW (Megawatts) gas to power programme available to the market in the second quarter of the 2016/2017 financial year". This, the minister explained, will lay the foundation "prior to commencing with the formal procurement process later in the year." The minister further outlined in her policy speech that the Port of Ngqura - adjacent to the Coega IDZ, … [Read more...] about Coega critical to South Africa’s Gas localisation Programme
Leading Transformation in the Workplace
The origins of Workers Day date back to the 1800's, a period signified by the struggle against unfair labour practices, inequality in the workplace and unfair employment standards. According to the International Labour Organisation (ILO), the ILO Declaration of Philadelphia of 1944 recognized that "labour is not a commodity" therefore, work must be seen as part of everyone's daily life and is crucial to a person's well-being and development. Although Workers Day dates back to ancient … [Read more...] about Leading Transformation in the Workplace
Small businesses growth is critical to SA’s macro-economic challenges
The importance of small businesses has been a central theme in discussions of the national and international economic recovery. It has been argued that small businesses create jobs for local communities and play a pivotal role in enhancing community's quality of life. According to the Banking Association South Africa (BASA) small, macro and medium enterprises (SMMEs) have been identified as productive drivers of inclusive economic growth and development in South Africa. SMMEs around provide … [Read more...] about Small businesses growth is critical to SA’s macro-economic challenges
Coega receives 3 awards at the prestigious Oliver Empowerment Award ceremony
The Coega Development Corporation (CDC), a leading catalyst for championing of socio-economic development in the Eastern Cape and South Africa at large walked away with three prestigious awards at the 15th Annual Oliver Empowerment Awards held at Emperors Palace, Ekurhuleni (east of Johannesburg) on the 14th April 2016. The Oliver Empowerment Awards celebrate companies and individuals for their contribution and commitment to empowerment in South Africa, recognise the efforts of businesses, … [Read more...] about Coega receives 3 awards at the prestigious Oliver Empowerment Award ceremony
R11.9 Million development at AV Bukani Primary School
The Department of Education in the Eastern Cape today officially opened an Early Childhood Development Centre for Grade R learners at AV Bukani Primary School in Addo The R11.9 million project located in Nomathamsanqa has seen a composition of SMME's taking part in the construction of the school and benefiting through skills development. "Over 361 kids will benefit from the infrastructure, this makes us proud as it provides a brighter future for our children," said MPL Fundile Gade, … [Read more...] about R11.9 Million development at AV Bukani Primary School
