Two Eastern Cape Development Corporation (ECDC) supported exporters walked away with three merit awards at the 21st prestigious Eastern Cape Exporter of the Year Awards in Port Elizabeth on Friday. Last year's winner and beneficiary of ECDCs integrated export support programme Jendamark Automation scooped merits awards in the IDC Job Creation Award category and in the Best Exporter - Corporate - category for skills development and for their increased turnover and job creation respectively. … [Read more...] about ECDC Exporters Excel
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R195 Million schools revamp in OR Tambo district
The Eastern Cape Development Corporation says the 92 year-old Flagstaff Comprehensive School in Flagstaff is one three schools that are getting a major facelift as part of a R195 million schools revitalisation programme in the OR Tambo District Municipality. Officially unveiling the construction launch of the schools at Flagstaff Comprehensive School on Monday morning ECDC Board chairperson Nhlanganiso Dladla says the revitalisation programme is being implemented from an initial R300 million … [Read more...] about R195 Million schools revamp in OR Tambo district
R195 million injection toward refurbishment of four schools
Development financier, the Eastern Cape Development Corporation today announced that it has injected some R195 million toward the construction and refurbishment of four dilapidated schools in the OR Tambo District Municipality in the former Transkei homeland of the Eastern Cape. Addressing stakeholders and the small business community in Mthatha this morning, newly-appointed ECDC chief executive officer Buhle Dlulane says these funds are part of an initial R300 million allocation from the … [Read more...] about R195 million injection toward refurbishment of four schools
R96.5 million to 261 enterprises
Development financier, the Eastern Cape Development Corporation (ECDC) says it has disbursed R96,5 million in loans to 261 enterprises which resulted in the creation, saving and retention of 1,431 jobs in the 2014/15 financial year. Announcing the financier's annual results, ECDC chief executive officer Buhle Dlulane with effect from December 1, says ECDC also collected R141 million in loan repayments in the same period. A total of R12 million went to 116 youth-owned businesses and R15,4 … [Read more...] about R96.5 million to 261 enterprises
ECDC employee strike enters week two
The Eastern Cape Development Corporation (ECDC) has extended an apology to all its stakeholders, clients and customers who may be inconvenienced by the staff strike which commenced on Wednesday 9 September, 2015 due to a breakdown in salary increase negotiations between management and trade union SACCAWU. The strike comes after a conciliation effort by the Commission for Conciliation, Mediation and Arbitration (CCMA) broke down with the commissioner having no option but to issue a certificate … [Read more...] about ECDC employee strike enters week two
Additional R23,5 million for one of South Africa’s biggest freshwater aquaculture investments
The R100 million commercial phase 1 Graaff-Reinet-based freshwater fish farming and processing initiative is in the process of increasing the number of aquaculture production facilities to enable the initiative to produce 2,640 tons of catfish a year by the end of Commercial Phase 1. March, 30, 2015: Construction of an additional three ponds, commercial scale hatchery and pre-processing line, coming with a R23,5 million price tag, has begun in Graaff Reinet, Eastern Cape, in one of the … [Read more...] about Additional R23,5 million for one of South Africa’s biggest freshwater aquaculture investments
How a tyre became a table, a cushion, a leg rest, an ottoman ……
Ozzys Eco Décor was recently awarded the Best Eastern Cape Crafter 2014: Home Ware Category at the Lithuba Lakho Eastern Cape Craft Competition earning a presidential mention in the process. What was once a source of suspicion for East London's Yolanda Msutwana, has instead resulted in the creation of an exciting, award-winning and innovative line of modernised homeware under the Ozzys Eco Décor brand. It was only in 2012 that Msutwana woke to find a dumped old tyre on her front lawn for … [Read more...] about How a tyre became a table, a cushion, a leg rest, an ottoman ……
Lithuba Lakho Eastern Cape Craft Competition winners attending Design Indaba
The three winners of the inaugural Eastern Cape Craft Competition have been selected to attend Africa's premier design showcase - Design Indaba 2015. In 2014, more than 800 local and international buyers made Design Indaba a sourcing destination. The crafters are East London's Ozzy Eco Décor, Port Elizabeth's Annette Oelofse Mohair Products and LM Junior from Mount Ayliff. The three Eastern Cape craft businesses, who recently won the first Lithuba Lakho Eastern Cape Craft Competition, have … [Read more...] about Lithuba Lakho Eastern Cape Craft Competition winners attending Design Indaba
Eastern Capes first Angora rabbit fibre production pilot
In the near future, the next time you put on your scarf, beret or a pair of gloves and it might be from Angora rabbit fibre!? That is if development financier, the Eastern Cape Development Corporation (ECDC) and Port Elizabeth-based Equipt Consulting have their way. ECDC has already committed some R850 000 into the Eastern Capes first pilot project investigating the possible production of clothing and apparel using Angora rabbit fibre. The brainchild of Equipt Consulting Angora rabbit … [Read more...] about Eastern Capes first Angora rabbit fibre production pilot
ECDC sees potential in Tube Mate toothpaste dispenser
Frustrated with cleaning up after the kids in the bathroom after brushing their teeth, Port Elizabeth house mom Amelia Boggenpoel pitched in 2007 what seemed to be a silly idea at the time - that of inventing a toothpaste dispenser to husband Vernon. Inspired by her all too common experiences as a stay at home mom, constantly cleaning up after spilt toothpaste all over her bathroom, Amelia came up with a bright idea of a toothpaste dispenser that would not only dispense 99% of the content, … [Read more...] about ECDC sees potential in Tube Mate toothpaste dispenser
ECDC company secretary suspended
The ECDC company secretary has been suspended over allegations of serious misconduct, gross insubordination as well as gross negligence. Development financier, the Eastern Cape Development Corporation has taken a decision to place the company secretary, Advocate Dalubuhle Mbelani, on paid precautionary suspension with immediate effect pending the finalisation of an internal investigation process. The investigation will look into: alleged serious misconduct and gross insubordination in … [Read more...] about ECDC company secretary suspended
R100 million agro-processing initiative unveiled
A total of 996 landowners in the rural towns of Bizana and Lady Frere in the former Transkei are set to reap benefits from a R100 million agro-processing programme being managed by the Eastern Cape Rural Development Agency (ECRDA) over the next three years. ECRDA chief executive officer Thozamile Gwanya says the R100 million from the Eastern Cape Provincial Treasury is in addition to an amount of R91 million committed last year over a three year period by the Development Bank of Southern … [Read more...] about R100 million agro-processing initiative unveiled
Organised support for SME’s
The Nelson Mandela Bay Business Chamber has entered new territory with the launch of the pilot phase of its Enterprise Development Programme this morning, 31 October 2014. Over 30 small business owners and managers will enjoy the benefit of an effective combination of mentorship and skills development aimed at growing small business, enhancing their eligibility for funding, assisting them with export-readiness, giving them insights into new markets, and increasing their job creation … [Read more...] about Organised support for SME’s
265 EC businesses benefit from R122,7M in loans
Development financier, the Eastern Cape Development Corporation (ECDC) says it disbursed loans to the value of R122,7 million to 265 businesses in the 2013/14 financial year. Announcing the financier's performance results, ECDC acting chief executive Reggie Naidoo says this is despite ECDC approving R102,8 million to 313 enterprises in the same period. "The higher disbursement figure is a result of disbursements against loans which were approved in the previous financial year. Of this … [Read more...] about 265 EC businesses benefit from R122,7M in loans
PE Shisa Nyama chosen to compete in first-ever national Shisa Nyama Championship
Popular Port Elizabeth Shisa Nyama, Chilleks, has been chosen as the only such establishment from the Eastern Cape to compete in the first-ever Nando’s Shisa Nyama Championship to be held at Bahama Bar in KwaThema, Springs, Gauteng later this month. In an unprecedented move, Nando’s Retail Division has put out a challenge to 12 of South Africa’s Top Shisa Nyamas. Of the 12, Walmer township’s Chilleks is one of only three shisa nyama’s outside of Gauteng chosen to participate. These grill … [Read more...] about PE Shisa Nyama chosen to compete in first-ever national Shisa Nyama Championship
