{"id":7320,"date":"2026-09-30T18:36:27","date_gmt":"2026-09-30T16:36:27","guid":{"rendered":"https:\/\/mypr.co.za\/?p=192768"},"modified":"2026-09-30T18:36:27","modified_gmt":"2026-09-30T16:36:27","slug":"cdc-the-only-number-you-require-for-now","status":"publish","type":"post","link":"https:\/\/mypr.co.za\/mail\/cdc-the-only-number-you-require-for-now\/","title":{"rendered":"CDC: The ONLY Number You Require (For Now)"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\">Table of Contents<\/p>\n<p><span class=\"ez-toc-title-toggle\"><a href=\"https:\/\/mypr.co.za\/cdc-the-only-number-you-require-for-now\/#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class><span class=\"ez-toc-icon-toggle-span\"><svg class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\" \/><\/svg><svg class=\"arrow-unsorted-368013\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\" \/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><\/nav>\n<\/div>\n<ul>\n<li><em>What positive number would you expect from an SOE such as the Coega Development Corporation (CDC)?<\/em><\/li>\n<li><em>Taxpayers can expect a little bit of relief soon.<\/em><\/li>\n<\/ul>\n<p>The Foreign Correspondents Association of South Africa were hosted by the CDC on Tuesday, 29 September 2026.<\/p>\n<p>In a full day of information overload and many touch points there was ONE very important number that stood out for myself.<\/p>\n<p>Approximately 38 journalists representing media houses from around the world gathered in Gqeberha for an intense session at Nelson Mandela Bay\u2019s Award winning Coega Development Corporation \u2013 SEZ of the year for 2026, being one of the most recent accolades.<\/p>\n<p>The day saw tours of the Port of Ngqura, Human Capital Solutions, Business Process Outsourcing Park (Discovery), DC Foods and KHOLD\/Coega Packing.<\/p>\n<p>Algoa Bay is blessed with Two Ports \u2013 the Port of Ngqura and Port of Port Elizabeth. The 2Ports represent a very unique selling point and a <a href=\"https:\/\/2ports.co.za\">sporting event<\/a> to link the <a href=\"https:\/\/2ports.co.za\">2Ports<\/a> has already been proposed.<\/p>\n<p>Speakers on the day included Themba Koza (CDC CEO), Luvuyo Mkontwana (Programme Director: New Ventures, CDC) and NMB Mayor Babalwa Lobishe.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Number\"><\/span><strong>What is the Number?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span><em>90%<\/em><\/span><\/p>\n<p>In his presentation, Luvuyo Mkontwana highlighted that the Coega SEZ reached 90% of it\u2019s own funding this past financial year off of R751.5 Million revenue generated.<\/p>\n<p>As a government owned entity reporting to the Eastern Cape Government, Coega (established in 1999) relied heavily on taxpayer funding in it\u2019s formative years and the aim is increase annual revenue ro R1 Billion by 2030 and be entirely self sustaining.<\/p>\n<p>Koza highlighted that the path to prosperity for Coega is a 50 year journey and that, at mid life, Coega has already proven it\u2019s worth to business and society.<\/p>\n<figure id=\"attachment_192777-2\" aria-describedby=\"caption-attachment-192777-2\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/mypr.co.za\/cdc-the-only-number-you-require-for-now\/c-pac-employee-exemplifying-the-joy-of-working\/\" rel=\"attachment wp-att-192777\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-192777 lazyload\" alt width=\"1024\" height=\"757\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/C-Pac-Employee-exemplifying-the-joy-of-working-scaled.jpg\" srcset=\"https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/C-Pac-Employee-exemplifying-the-joy-of-working-scaled.jpg 1024w, https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/C-Pac-Employee-exemplifying-the-joy-of-working-625x462.jpg 625w, https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/C-Pac-Employee-exemplifying-the-joy-of-working-300x222.jpg 300w, https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/C-Pac-Employee-exemplifying-the-joy-of-working-768x568.jpg 768w\"><\/a><figcaption id=\"caption-attachment-192777-2\" class=\"wp-caption-text\">Coega Packing Employee exemplifying the joy of working<\/figcaption><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Why_Choose_Coega\"><\/span><strong>Why Choose Coega?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The recurring theme from the businesses that we visited were around \u2018right place, right time\u2019 with most citing an involved landlord, port proximity, access to labour and raw materials being the primary reasons for choosing to invest in Coega.<\/p>\n<p>The growth in employment numbers quoted by Discovery, DC Foods and KHOLD\/Coega Packing were phenomenal with all three citing a doubling in jobs since inception AND with all three talking about short term expansion plans.<\/p>\n<p>As the largest SEZ in South Africa, Coega has 9003ha under management.<\/p>\n<p>One of the foreign journalists seemed to miss the point when he remarked that there was so much empty land. The fact of the matter is that with a strong environmental ethic and controlled growth the CDC have demonstrated a model for SEZ\u2019s that is hard to beat. Allied to that the \u2019empty space\u2019 augurs well for profitable growth \u2013 even doubling the land under investment to 156 investors would not make a huge dent in the developed land but, more importantly points the way towards long term prosperity for the SEZ.<\/p>\n<p>Doubling the land under roof could see Coega race past their target of R1 Billion soon enough with lots left to spare.<\/p>\n<p>The Coega Special Economic Zone (SEZ) currently has 78 operational investors, with a total investment value of R12.7 billion, providing a total of 12 106 cumulative jobs.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Coega_SEZ_Awards\"><\/span><strong>Coega SEZ Awards:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Craig Luckman from Coega\u2019s Human Capital Solutions inspired me to comment that we in Nelson Mandela Bay do not blow our own trumpet nearly enough. Certain of that divisions training programmes have been adopted far and wide as examples of excellence.<\/p>\n<p><strong>So lets have a look at the awards that Coega has gathered over the years:<\/strong><\/p>\n<ul>\n<li>Special Economic Zone (SEZ) of the Year \u2013 2026<\/li>\n<li>Top Empowerment Award \u2013 Public Sector of the Year \u2013 2026<\/li>\n<li>Top Empowerment Award \u2013 Sustainable Business of the Year \u2013 2026<\/li>\n<li>CIDB ERWIC Transformation Entity of the Year \u2013 3RD \u2013 2025<\/li>\n<li>BBQ Awards \u2013 Community Builder Award \u2013 2024<\/li>\n<li>Africa Career Summit &amp; Gala Awards \u2013 Infrastructure and Development \u2013 2024<\/li>\n<li>African Business Awards \u2013 Skills Education and Training \u2013 2023<\/li>\n<li>World Economic Magazine Best SMME Development South Africa \u2013 2023<\/li>\n<li>World Economic Magazine Best Infrastructure Development South Africa \u2013 2023<\/li>\n<li>Premier\u2019s Special Recognition Award for Community Impact \u2013 2022<\/li>\n<li>Premier\u2019s Discretionary Award \u2013 Batho Pele Service Excellence Awards \u2013 2022<\/li>\n<li>AI\u2019s Best Trade and Development Company South Africa \u2013 2022<\/li>\n<li>Best Provider of Service to Exporters \u2013 Merit Award for New Contracts \u2013 2021<\/li>\n<li>SJM Flex Environment Award \u2013 Merit Award \u2013 2021<\/li>\n<li>Game Changer Awards 2020 by Intentional Finance Monthly \u2013 2020<\/li>\n<li>Global Awards 2020 by CEO Today \u2013 2020<\/li>\n<li>Investor of the Year \u2013 2019<\/li>\n<li>Top Employer 2019 \u2013 Certified Excellence in Employer Conditions \u2013 2019<\/li>\n<li>The Vision 2030 \u2013 Infrastructure Development Award \u2013 2018<\/li>\n<li>Best International Trade Marketing Specialist in Africa; Exporters Awards \u2013 2018<\/li>\n<li>DC Job creation; Best Provider of Service to Exporters; and Top Employer \u2013 2018<\/li>\n<li>Top Performing Public Service Organisation \u2013 2018<\/li>\n<li>Unqualified ( Clean Audits) Audit Opinions since establishment \u2013 2017<\/li>\n<li>Legends of Empowerment &amp; Transformation \u2013 Oliver Empowerment Award \u2013 2016<\/li>\n<li>Job Creation \u2013 Oliver Empowerment Award \u2013 2016<\/li>\n<li>Top Empowered Vision 2030 \u2013 Oliver Empowerment Award \u2013 2016<\/li>\n<li>Top Employer in Public Sector \u2013 2015<\/li>\n<li>SANS 16001 (HIV\/AIDS Management) \u2013 2015<\/li>\n<li>Best Provider of Service to Exporters \u2013 2014<\/li>\n<li>Most Empowered Enterprise \u2013 2014<\/li>\n<li>Job Creation Award \u2013 2014<\/li>\n<li>B-BBEE Level 1 Accreditation \u2013 2014<\/li>\n<li>Custom Control Area Zone 2 \u2013 2014<\/li>\n<li>Top Employer of Choice South Africa \u2013 2014<\/li>\n<\/ul>\n<p>Time to look inwards and celebrate local talent!<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Images\"><\/span><strong>Images:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_192769-2\" aria-describedby=\"caption-attachment-192769-2\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/mypr.co.za\/?attachment_id=192769\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-192769 size-full lazyload\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" alt width=\"1024\" height=\"597\" src=\"https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/Murray-Price-Operations-Manager-at-DC-Foods-scaled.jpg\" srcset=\"https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/Murray-Price-Operations-Manager-at-DC-Foods-scaled.jpg 1024w, https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/Murray-Price-Operations-Manager-at-DC-Foods-625x365.jpg 625w, https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/Murray-Price-Operations-Manager-at-DC-Foods-300x175.jpg 300w, https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/Murray-Price-Operations-Manager-at-DC-Foods-768x448.jpg 768w\"><\/a><figcaption id=\"caption-attachment-192769-2\" class=\"wp-caption-text\">Murray Price, Operations Manager at DC Foods. Photo: Alan Straton<\/figcaption><\/figure>\n<figure id=\"attachment_192770-2\" aria-describedby=\"caption-attachment-192770-2\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/mypr.co.za\/?attachment_id=192770\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-192770 size-full lazyload\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" alt width=\"1024\" height=\"715\" src=\"https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/Themba-Koza-CDC-CEO-scaled.jpg\" srcset=\"https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/Themba-Koza-CDC-CEO-scaled.jpg 1024w, https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/Themba-Koza-CDC-CEO-625x437.jpg 625w, https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/Themba-Koza-CDC-CEO-300x210.jpg 300w, https:\/\/mypr.co.za\/wp-content\/uploads\/2026\/09\/Themba-Koza-CDC-CEO-768x536.jpg 768w\"><\/a><figcaption id=\"caption-attachment-192770-2\" class=\"wp-caption-text\">Themba Koza \u2013 CDC CEO Photo: Alan Straton<\/figcaption><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Video\"><\/span><strong>Video:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p align=\"center\"><a href=\"https:\/\/www.youtube.com\/@CoegaDevCorp\" target=\"_blank\" rel=\"noopener\">https:\/\/www.youtube.com\/@CoegaDevCorp<\/a><\/p>\n<p><em>CDC: The ONLY Number You Require (For Now)<\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Links\"><\/span><strong>Links:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong><a href=\"https:\/\/mypr.co.za\/CDC: The ONLY Number You Require (For Now)\/2\/\">Boilerplate and Editor\u2019s Notes<\/a><\/strong>.<br \/><strong>More Info on <a href=\"https:\/\/www.coega.co.za\" target=\"_blank\" rel=\"nofollow noopener\">CDC: The ONLY Number You Require (For Now)<\/a> here:<\/strong><br \/><strong>X<\/strong>: <a href=\"https:\/\/x.com\/coegadevcorp\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/x.com\/coegadevcorp<\/a><br \/><strong>LinkedIn<\/strong>: <a href=\"https:\/\/www.linkedin.com\/company\/coega-development-corporation\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.linkedin.com\/company\/coega-development-corporation\/<\/a><br \/><strong>Facebook<\/strong>: <a href=\"https:\/\/facebook.com\/CoegaDevCorp\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/facebook.com\/CoegaDevCorp<\/a><\/p>\n<p><a href=\"https:\/\/mypr.co.za\/save-with-myprs-monthly-flat-fee\/\">CLICK HERE to submit your press release to MyPR.co.za<\/a>.<\/p>\n<p><!-- Genesis Simple Share error: This location ( after ) has already been used. --><strong><\/p>\n<h3>Track Your Press Release HERE:<\/h3>\n<p><\/strong><\/p>\n<div class=\"mypr-visibility-box\" readability=\"4.2608695652174\">\n<h4>Check Online Visibility<\/h4>\n<p>Verify where this release is currently indexed:<\/p>\n<\/div>\n<p><\/p>\n<div class=\"entry-pagination pagination\">Pages: <span class=\"post-page-numbers current\" aria-current=\"page\"><span class=\"screen-reader-text\">Page <\/span>1<\/span> <a href=\"https:\/\/mypr.co.za\/cdc-the-only-number-you-require-for-now\/2\/\" class=\"post-page-numbers\"><span class=\"screen-reader-text\">Page <\/span>2<\/a><\/div>\n<p><em><strong>A MyPR Featured Press Release: <\/strong><a href=\"https:\/\/mypr.co.za\/cdc-the-only-number-you-require-for-now\/\" target=\"_blank\">CLICK HERE<\/a> to read the original.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Table of Contents What positive number would you expect from an SOE such as the Coega Development Corporation (CDC)? Taxpayers can expect a little bit of relief soon. The Foreign Correspondents Association of South Africa were hosted by the CDC on Tuesday, 29 September 2026. In a full day of information overload and many touch &hellip;<\/p>\n","protected":false},"author":1,"featured_media":7030,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","autoblue_enabled":true,"autoblue_custom_message":"","autoblue_shares":[{"did":"did:plc:revymtt5qssww7e7avbruzic","date":"2026-09-30T16:44:19+00:00","uri":"at:\/\/did:plc:revymtt5qssww7e7avbruzic\/app.bsky.feed.post\/3mwqs3fnmkj27","response":"{\"uri\":\"at:\/\/did:plc:revymtt5qssww7e7avbruzic\/app.bsky.feed.post\/3mwqs3fnmkj27\",\"cid\":\"bafyreih2mhakgecps4s5e6uirkeol2o22ojucezrfva74apeuounnaqixa\",\"commit\":{\"cid\":\"bafyreig6hygbyjebz3fyob7soxukriy4ppi6ieluy44tzyaadkhwetyu6q\",\"rev\":\"3mwqs3fnuej27\"},\"validationStatus\":\"valid\"}"}],"autoblue_post_url":"","autoblue_publish_document":false,"republication-tracker-tool-hide-widget":false,"footnotes":""},"categories":[28,3],"tags":[38,34],"class_list":["type-post","category-featured","category-news","tag-featured","tag-mypr","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/mypr.co.za\/mail\/wp-json\/wp\/v2\/posts\/7320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mypr.co.za\/mail\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mypr.co.za\/mail\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mypr.co.za\/mail\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mypr.co.za\/mail\/wp-json\/wp\/v2\/comments?post=7320"}],"version-history":[{"count":0,"href":"https:\/\/mypr.co.za\/mail\/wp-json\/wp\/v2\/posts\/7320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mypr.co.za\/mail\/wp-json\/wp\/v2\/media\/7030"}],"wp:attachment":[{"href":"https:\/\/mypr.co.za\/mail\/wp-json\/wp\/v2\/media?parent=7320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mypr.co.za\/mail\/wp-json\/wp\/v2\/categories?post=7320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mypr.co.za\/mail\/wp-json\/wp\/v2\/tags?post=7320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}