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COEGA DEVELOPMENT CORPORATION
National award goes to CDC for job creation ‘We are honoured to have received this award as recognition for all our hard work. We decided long ago that we would not be an island of excellence in a sea of inequality in the Eastern Cape.’
NCEBA DLADLA
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HE Coega Development Corporation (CDC) has been recognised for its empowerment efforts after being awarded the Job Creation Award at the 13th Annual Oliver Empowerment Awards at Emperor’s Palace in Johannesburg, Gauteng last Friday. The Oliver Awards are regarded as South Africa’s premier awards for leadership and innovation in empowerment and transformation. In addition, the CDC was also one of four recipients of a Raizcorp bursary to the tune of R250 000. The bursary is to be awarded to a black business owner from the CDC’s supply chain. “We are honoured to have received this award as recognition for all our hard work. We decided long ago that we would not be an island of excellence in a sea of inequality in the Eastern Cape,” said the CDC’s Executive Manager for Business Development, Christopher Mashigo. “As a result every waking step has been about integrating our core business with a socio-economic outcome either for people in Nelson Mandela Bay or the Eastern Cape and now KwaZulu-Natal.” The award, took cognisance of the 47 186 construction as well as 4 409 operational jobs that have been created by the CDC through its investment promotion activities and infrastructure development projects, and a further 50 000 indirect and induced jobs that have been created. During the 2013/14 financial year over 13 000 jobs were created with a similar number trained. An elated CDC Head of Marketing and Communications, Dr Ayanda Vilakazi, said, “Coega’s job creation role is ever expanding – which was the point of establishing an industrial de-
– CDC’S EXECUTIVE MANAGER FOR BUSINESS DEVELOPMENT, CHRISTOPHER MASHIGO
Female employees on site in the Coega Industrial Development zone (IDZ) are part of the 47 186 construction and 4409 operational jobs that have been created by the CDC, and a further 50 000 indirect and induced jobs from which locals also benefited. PHOTO:SUPPLIED workers instead of losing them to larger urban centres and economic migrants. According to Dr Vilakazi, their approach is to employ as many people from the Bay as possible. Currently, 85 per cent to 90% employed are local people. The skills that were not available in Nelson Mandela Bay were outsourced, firstly in the province and then to the greater
velopment zone in the first place – as we secure and grow our basket of investors. Dual jobs are created through investment, firstly construction jobs and secondly operational jobs.” “Jobs mean that people can feed, educate and put a roof over the heads of their families,” said Mashigo who added that the Eastern Cape and KwaZulu Natal provinces can now keep skilled
South Africa. On all Coega projects, SMMEs benefit from a minimum of 35% of the total value of the contract. In the 2012/13 financial year, SMMEs benefited from 41% of the contract value with a similar total clocked this year. According to Dr Vilakazi, young people who have an education often lack basic essential skills like driving, limiting their access to the job market. To counter that and increase local young peoples’ chances of employability, the CDC introduced a world-class driver training programme that both provides crucial skills and enables employability. “Coega runs the driver training programme as its flagship corporate social investment initiative. The reality is that many young graduates have secured degrees but encounter a huge barrier to job market entry in that they don’t have a driver’s licence,” said Vilakazi, adding that people with a driver’s licence were prioritised over those who did not have one. . The CDC is finalising its financial year figures and will make an announcement on its target’s successes in May.
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