The East London Industrial Development Zone (ELIDZ) has unveiled three new investments, collectively valued at about R1.3bn, which are expected to generate 1,134 new employment opportunities. While the capital injection was great news, it was sobered by the farewell to long-serving CEO, Simphiwe Kondlo, who has retired.
With finance MEC Mlungisi Mvoko revealing that the province is dipping into its reserves again, withdrawing R800m to offset a budget deficit, concerns have emerged regarding a potential cash shortage in the Eastern Cape.
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Amathole District Municipality municipal manager Dr Bhekisisa Mthembu says they are they on the right track to “fix the mess” they found the institution in.ADM, with a poor revenue collection rate of 30%, had been criticised for failing to provide clean and reliable water services to its residents.
The Eastern Cape has the second-highest percentage of households in the country a whopping 19.5% who have no access to piped water in their areas. And many of these households have to share their water source dams, rivers and streams in rural areas with animals.