Mvoko to lead EC’s economic development portfolio
Mlungisi Mvoko, previously with human settlements and was the acting education MEC has been appointed as the MEC for Economic Development, Environmental Affairs and Tourism. Mvoko was appointed as a member of the Eastern Cape legislature in 2018, following his election as African National Congress deputy provincial chairman. Read more
Technology  boost for Eastern Cape schools
An innovative initiative by the government to supply modern technology equipment to disadvantaged schools in rural areas is set to change the lives of learners at these schools. Communications Minister Stella Ndabeni-Abrahams and her deputy Pinky Kekana on Friday launched the two Cyber Labs at the Nolitha Special School... Read more
MBSA gives EC government update on billion rand investment
Eastern Cape Member of the Executive Council for Finance, Economic Development, Environmental Affairs and Tourism, Lubabalo Mabuyane paid a special visit to the Mercedes-Benz Plant in East London. The purpose of MEC Mabuyane’s visit to the plant was to discuss the progress made to the expansion programme of the... Read more
Inward direct investment more than doubles in 2018
President Cyril Ramaphosa’s aggressive efforts to boost the country’s stagnant economic growth are yielding results, according to figures released by the South African Reserve Bank (SARB). In the Quarterly Bulletin released on Wednesday, the SARB said inward direct investment increased from only R26.8 billion in 2017 to R70.7 billion... Read more
Inaugural export symposium for EC
A total of 200 export industry delegates and 27 exhibitors are billed to attend the first Eastern Cape Export Symposium and Exhibition at the Abbotsford Christian Centre in East London between the 27 and 28th of March. An initiative of the Eastern Cape Development Corporation (ECDC) in partnership with... Read more
Government plans to protect wetlands
Eastern Cape Finance, Economic Development, Environmental Affairs and Tourism MEC, Lubabalo Oscar Mabuyane said the national and provincial government is increasing efforts to rehabilitate nine wetlands across the province as part of the national biodiversity plan. Speaking at the provincial Wetlands event, Mabuyane said government investing R18 million into... Read more
SA social entrepreneur shortlisted for global investment
South African social entrepreneur among those shortlisted for the 1 million-dollar Hult Prize. More than 200,000 student-led social entrepreneurship start-ups have been battling it out for the world-renowned Hult Prize – a $1 million seed investment given out annually to innovative youngsters with solutions to some of the globe’s... Read more
Petrol price to increase on Wednesday
Consumers are in for a shock at the pumps as the price of petrol is set to increase by 74 cents a litre from Wednesday. The Department of Energy on Monday announced fuel hikes of 74 cents a litre for both grades of petrol 93 (ULP and LRP) and 95... Read more
Rebuilding our continent’s reputation
Investments in African businesses grew by almost 300% in the past year.1 The growth in business opportunities and investments proves that confidence in the continent is rising. “With the many positive changes afoot, it is important to take stock of some of the challenges, changes, and trends that we... Read more
Efforts to boost investment in SA
A roundtable on the margins of the upcoming annual Investing in the African Mining Indaba is set to boost South Africa’s investment potential. The Departments of Trade and Industry, Mineral Resources and Brand South Africa will host an investment roundtable on the margins of the annual indaba as part... Read more

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