The R50 million Eastern Cape Industrial Job Stimulus Fund (ECIJSP), managed by the Eastern Cape Development Corporation (ECDC), is set to drive the job creation by incentivising businesses across targeted sectors to create sustainable and decent new jobs.   04-11-2011 -Launched by the MEC for Economic Development, Environmental Affairs and... Read more
03-11-2011 – Some 72.17% of tenders were awarded to locally based entities in the quarter ending September 30 according to a report to be submitted to the Budget and Treasury Committee tomorrow. Figures released by Budget and Treasury show that while there is no set target for the percentage of... Read more
02-11-2011 – A total of 11 000 jobs were lost in the Eastern Cape during the third quarter of this year, with 1 298 000 people employed as opposed to 1 309 000 in the previous quarter, a change of 0.8%. Some 30 000 jobs were shed in the manufacturing... Read more
26-10-2011 – The Coega Industrial Development Zone (IDZ) stands to benefit from improved incentives for investment in IDZs “particularly where there is potential to participate in global supply chains and to develop com-petitive logistics hubs”. And the Coega IDZ also stand to benefit from a R25 billion boost over the... Read more
26-10-2011 – Employment opportunities created during the 2010 World Cup were mostly in the informal sector and it was observed that “most of these jobs were shed after the event because there were temporary”. The Job Opportunities and Unemployment in the South African Labour Market for 2011 released by the... Read more
25-10-2011 – What role has ECDC played in improving the social and economic conditions of the region? One of the spin-offs of ECDC’s projects in the region has been the growth of a market for professional services such as financial, architectural, legal, surveying to service our clients. Strong relationships with... Read more
R50 million expected to create a minimum of 30,000 jobs   19-10-2011 – A R50 million Eastern Cape Industrial Job Stimulus Fund (ECIJSP), managed by the Eastern Cape Development Corporation (ECDC), is set to drive the job creation by incentivising businesses across targeted sectors to create sustainable and decent new... Read more
12-10-2011 – The Eastern Cape Development Corporation (ECDC) today announced strong results for the 2010/11 financial year including investment and trade figures exceeding R1,6 billion. Releasing the financier’s annual results, ECDC chief executive Sitembele Mase says the corporation facilitated exports of more than R1 billion, double the R502 million of... Read more
11-10-2011 – Today (5 October 2011) sees the launch of Trade Point Nelson Mandela Bay at its new home in the offices of the Nelson Mandela Bay Business Chamber. The Nelson Mandela Bay Business Chamber – along with its valued partners, including SEDA, ECDC, the Metro, the dti, the Exporter’s Club and... Read more
27-09-2011 – As expected the trend in the NMB BCI continued declining slowly through August coming under pressure from a range of weaker indicators while receiving some minimal support from the new car market in the Metro, the total national new vehicle market, and real retail sales in the Eastern... Read more