Media Statements

ELIDZ VINDICATED OF WRONGDOING IN PROTRACTED COURT CASE

EAST LONDON INDUSTRIAL DEVELOPMENT ZONE SOC LTD (ELIDZ) VINDICATED OF WRONGDOING IN PROTRACTED COURT CASE

The ELIDZ welcomes the judgment handed down by Judge Bantubonke Tokota today in the East London High Court in the case of Ms BN Magongwa v East London Industrial Development SOC Ltd.

Chairperson of the ELIDZ Board, Professor Mlungisi Makalima said: “The Board of the East London IDZ, whilst not wanting to be triumphalist in this matter, is pleased that the Court has recognized the commitment of the organisation to maintaining the highest standards of professionalism and good governance. We take this opportunity […]

Managing the Coronavirus (COVID-19) for Employers

Dear valued Tenants/Investors/Service Providers

Following the recent announcement made by President Cyril
Ramaphosa, declaring a National State of Disaster in terms of the Disaster
Management Act amidst of the Coronavirus (COVID-19) spread, the East London
Industrial Development Zone (ELIDZ) would like to encourage all Tenants/Investors/Service
Providers to take
necessary measures to intensify hygiene control to curb the spread of COVID-19 in the precinct.

To that end, protecting the health of all employees, their
families, visitors and business partners is a priority. The ELIDZ continues to
monitor the ever-changing situation regularly and will continue […]

ELIDZ response to Yekani matter

MEDIA
ENQUIRY RESPONSE

PUBLICATION:
SUNDAY TIMES

DATE
17 JANUARY 2020

JOURNALIST:
MPUMZI ZUZILE

Yekani
Manufacturing is a key investor in the ELIDZ’s ICT sector and has a long
history of manufacturing from East London. 
Established in 1974, in East London, Eastern Cape, as SATV, the company
went through several ownership changes over the years. In 2003 the company was
bought by Vektronix and in June 2016 it was bought by the Yekani Group renamed
Yekani Manufacturing.

 Yekani is an investment project with excellent
potential and as the ELIDZ we are of the view that with the right […]

GOVERNMENT WELCOMES R502 MILLION INVESTMENT INTO ELSEZ

National and Eastern Cape provincial governments jointly announced the combined R502 million investment into the East London Special Economic Zone (ELSEZ).

The Deputy Minister of the Department of Trade and Industry (the dti), Mr Bulelani Magwanishe and Eastern Cape MEC for the Department of Economic Development, Environmental Affairs and Tourism (DEDEAT), Mr Lubabalo Oscar Mabuyane jointly announced two new local investors, Meek Mines SA and Nulatex SA. The ELSEZ Chief Executive Officer (CEO), Mr Simphiwe Kondlo welcomed the investment saying it will create a total of 450 jobs for the locals.

 

Diamond cutting and polishing Investment

Meek […]