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Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

coega

A catalyst for emerging businesses

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Two local SMMEs, both from Port Elizabeth, are currently benefiting from the construction of the state of the art facility for HELLA, a new investor at CDC. Sikuphiwe Trading, owned by Ncebekazi Mhlaba, is responsible for the brick works and plastering. Whereas, Dicky's Electrical, owned by Sadick Hendricks, is responsible for the electricity fittings. Currently, Sikuphiwe Trading have created over nine (9) construction jobs with Dicky's Electrical earmarked to create three (3) jobs at the later … [Read more...] about A catalyst for emerging businesses

Coega shares with other SEZ’s

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The Coega Development Corporation (CDC) this week welcomed the Musina-Makhado SEZ Board at its headquarters for a two-day industry wide best practice learnings. “The two-day workshop, facilitated by various experts within the CDC, sought to impart knowledge of our own learnings over the years in implementing the Industrial Development programme and later the Special Economic Zone programme,” says Dr Siyabonga Simayi, CDC Programme Director. The Coega Special Economic Zone (SEZ) has been at … [Read more...] about Coega shares with other SEZ’s

PE Business News: Mestosync Energy eyes $15bn Coega plant

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Promote your business on BuyPE and MyPR. Mestosync Energy eyes bn Coega plant: Three Port Elizabeth businessmen are the brains behind a mooted $ 15 billion crude oil refinery and petrochemical complex at the Coega special economic zone. The sod-turning ceremony for the ... Source: "Port Elizabeth" business - BingNews. Commercial Property to Rent in Fairview, Port Elizabeth: R 8 200 Commercial Property to Rent in Fairview Versatile unit, in the best business location in Port Elizabeth. … [Read more...] about PE Business News: Mestosync Energy eyes $15bn Coega plant

Uitenhage News: HELLA South Africa to move head office to Coega SEZ

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HELLA South Africa to move head office to Coega SEZ: HELLA SA’s operations office is currently situated in Uitenhage, in the Eastern Cape, but the company believes the move to its new facility will strengthen its operations, catering for both the admini... Source: "Uitenhage" - BingNews. The Hexagon Wildlife Conservation: Guests are free to use the BBQ facilities and swimming pool. The Hexagon is only 12 km from Uitenhage Golf Club and 33 km from the Red Location Museum. The Boardwalk Casino … [Read more...] about Uitenhage News: HELLA South Africa to move head office to Coega SEZ

New HELLA facility will serve as the gateway to Africa

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The Germany-based lighting and electronics specialist HELLA is now embarking on strategic decision with their operations in Sub-Saharan Africa that will enable them to serve as the gateway into Africa. The local operations office HELLA Automotive South Africa (Pty) Ltd. is currently situated in Uitenhage in the Eastern Cape and has been in existence in the Nelson Mandela Bay region for over 40 years. The HELLA brand, which has a stronghold and linkages within the automotive industry in South … [Read more...] about New HELLA facility will serve as the gateway to Africa

Jobs, Jobs, Jobs as MSQ Health invests in Coega

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MSQ Health, through its wholly owned subsidiary Akacia Medical, will collaborate with th Coega SEZ to build a fit for purpose 5 900m2 manufacturing plant that is set to create more than 100 new jobs locally. MSQ Health, is seeking to support the local economy by investing over R100 million in a 5 900m2 Akacia Medical manufacturing plant that will produce cost-effective quality medical products for both the local and international markets at the Coega Special Economic Zone. Construction of the … [Read more...] about Jobs, Jobs, Jobs as MSQ Health invests in Coega

SAMF – South African owned, black women managed bunkering company

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“This is the best women’s months present, we have been longing for and finally we have received it in a strategic sector of our economy,” highlighted the MEC for Finance, Economic Development and Environmental Affairs and Tourism, Lubabalo Mabuyane upon learning that South African Marine Fuels PTY Ltd (SAMF) is a South African owned, black women managed company. The comments by the MEC formed part of his opening remarks at the commissioning of Bunkering Services held at the Coega Development … [Read more...] about SAMF – South African owned, black women managed bunkering company

SEZ CEO`s Forum visits Coega SEZ

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The Coega Development Corporation (CDC) hosted a delegation from the Special Economic Zone (SEZ) Chief Executive Officer’s (CEO’s) Forum yesterday to reflect on the general performance and progress of SEZ`s followed by a site visit to the port of Ngqura and Coega SEZ. “The initiative by the Department of Trade & Industry (the dti) to establish a forum of CEO’s from various SEZ’s has done wonders in knowledge sharing and emulating templates of success in the implementation of the SEZ … [Read more...] about SEZ CEO`s Forum visits Coega SEZ

Coega SEZ granted preferential tax benefits

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Following the promulgation of the Special Economic Zone Act in 2014 (SEZ Act of 2014) which then saw proclamation for commencement on the 9th of February 2016, the Minister of Finance, Nhlanhla Nene approved the six SEZs preferential tax treatment status in terms of section 12R of the Income Tax Act (“s12R”). “It gives us great joy that the Minister has approved the preferential tax treatment as it forms part of a suit of incentives we use in attracting investors to the Coega SEZ,” says, Dr … [Read more...] about Coega SEZ granted preferential tax benefits

Employer of Choice

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The CDC has won the Employer of Choice in the Public Sector award at the Future of HR Awards that took place on the 19th of July at the Capital on the Park, Sandown in Johannesburg. The CDC faced tough competition in their category but came out tops, beating the National Youth Development Agency (NYDA), Transport Education Training Authority and South African Gas & Oil Alliance to the top honours. The Employer of Choice: Public Sector award recognises the best public sector organisation to … [Read more...] about Employer of Choice

SEZ a trailblazer in the automotive industry

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Having established itself as leader in the socio-economic development of the Eastern Cape, whilst making the province an attractive investment destination, it’s no surprise that Coega SEZ is fast becoming a hub for the automotive industry. The Coega SEZ, located in the Nelson Mandela Bay, Eastern Cape, is home to the automotive sector, including companies such as FAW, BAIC, ISUZU Parts Distribution Centre, Faurecia, Rehau, Groupo Antolin,Benteler, Hella and Q-Plas valued at over R12 billion … [Read more...] about SEZ a trailblazer in the automotive industry

Right of response – How to loot R1.6bn

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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

Coega welcomes increase in job numbers

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“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