The Coega Development Corporation (CDC), developer & operator of the 9003ha Coega Special Economic Zone (SEZ) designed along the cluster model, linking related industries and their supply chains is home to forty three (43) operational investors worth an investment value of R7 billion, the only SEZ in Southern Africa to reach R7 billion in such a short period of time since inception in 1999. The Coega SEZ, located in the Nelson Mandela Bay, Eastern Cape, is home to the automotive sector, … [Read more...] about Another Reason to Move the Manganese to Coega – the Lithium-ion industry
Sadick Davids
Military exercise highlights opportunities
The Armed Forces Day celebrations being hosted in Nelson Mandela Bay help highlight the opportunities for local businesses and investors, according to Sadick Davids, Coega Development Corporation (CDC) Business Development Manager: Metals. "Nelson Mandela Bay has most of the infrastructure and capacity in place to become the African hub for the maintenance, upgrading and manufacturing of military vehicles and equipment. "As we first saw with Exercise Shared Accord in 2013 the port and road … [Read more...] about Military exercise highlights opportunities
Global commodities slump provides opportunity for beneficiation
If one takes a conventional and - dare I say it - colonial viewpoint on the prospects for a commodity producer like South Africa then the signs aren't good. Bringing home the seriousness of the challenge facing the country is the announcement on Monday, February 1 by Kumba Iron Ore that it would be laying off over four thousand workers and contractors. Other mines will be under pressure - World Bank analysts expect prices for 37 of the 46 commodities the bank monitors to fall in … [Read more...] about Global commodities slump provides opportunity for beneficiation
