Income and jobs jump in Coega
Government eyes further developments in its other SEZs and plans to establish similar zones in other parts of the country
14 April 2024 - 05:59
As the government prepares to develop more special economic zones (SEZs), Coega in the Eastern Cape has seen its income jump 15.9% to R18.9bn in two years, along with an increase in employment.
A review of business activity at the Coega SEZ, conducted by StatsSA, found that total expenditure grew to R17.85bn in 2023 compared with R12.68bn in 2021 — an annualised increase of 18.7%...
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