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Provincial Government

COEGA Development Corporation (CDC)

Provincial departments, entities, and offices for each province.

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Contact Details

Postal Private Bag X6009, Gqeberha, 6000
Physical Cnr Alcyon Road & Zibuko Street, Zone 1, Coega SEZ, Gqeberha, 6100
Tel 086 102 6342
Web www.coega.com

Overview

The COEGA Development Corporation (CDC) develops and manages the Coega Special Economic Zone and associated investment and infrastructure programmes. It facilitates industrial development, supports investor attraction, and coordinates infrastructure and service delivery that enables firms to operate effectively. By promoting industrial clustering and supporting large-scale development, the CDC contributes to regional economic growth, exports, and job creation in the Eastern Cape.

Overseeing Department/Entity

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Office Bearers/Management

Chairperson:
Dr Luvuyo Bono (Interim)
Deputy Chairperson:
Mr Ayanda Mjekula
Board Members:
Ms Noluntu Bam
Mr Rakesh Bhika
Mr Siyabulela Lazarus
Ms Nomonde Patience Mtembu
Mr Sibusiso Nduna
Mr Linda Nene
Ms Phelisa Nkomo
Ms Ziyanda Potelwa
Mr Tebogo Sethibe
Ms Phila Xuza
CEO:
Mr Khwezi Tiya
CFO:
Mr Roger Hill
Senior Management:
Ms Sivuyile Boqwana (Legal Services)
Ms Telly Chauke (Chief Sustainable Officer)
Mr Themba Koza (Operations)
Mr David Lefutso (Wild Coast SEZ)
Dr Mpumi Mabula (Infrastructure and Planning Development)
Mr Magama Makgomatho (Chief Knowledge and Digital Officer: ICT, Research and Strategy)
Mr Chuma Mbande (Business Development: External Infrastructure)
Ms Veronica Monyobo (Acting: ICT, Research and Strategy)
Mr Fezile Ndema (Acting: Chief Sustainability Officer)
Mr Tandile Ngxekana (Acting: Tshwane SEZ Programme)
Ms Celeste Prince (Company Secretary and Compliance Manager)
Ms Mokgaetsi Sebothoma (Corporate Services)
Ms Asanda Xawuka (Business Development)
Mr Glen Zamisa
Communications Officers:
Mr Simlindele Manqina (Corporate Communications and Stakeholder Relations Manager)
Dr Ayanda Vilakazi (Head: Marketing and Communications)
Ms Ntombentsha Yaya (Marketing and Brand Officer)

Financial Information

All Financial Values: R'000 2024/25 2023/24 2022/23 2021/22 2020/21
AUDIT OUTCOME Clean Audit Clean Audit Clean Audit Clean Audit Clean Audit
FINANCIAL POSITION
Current Assets 917 601 1 085 813 1 078 994 1 253 276 1 469 116
Non-Current Assets 8 658 094 6 465 302 6 413 737 6 265 158 6 407 138
Total Assets 9 575 695 7 551 115 7 492 731 7 518 433 7 876 254
Current Liabilities 688 243 772 352 836 512 701 136 789 787
Non-Current Liabilities 1 109 389 671 318 574 717 845 711 1 077 825
Total Liabilities 1 797 632 1 443 670 1 411 229 1 546 847 1 867 612
Total Net Assets 7 778 063 6 107 445 6 081 502 5 971 587 6 008 642
FINANCIAL PERFORMANCE
Total Revenue 3 091 394 896 383 1 010 495 1 276 970 1 435 427
Revenue from Exchange Transactions n/a n/a n/a n/a n/a
Revenue from Non-Exchange Transactions n/a n/a n/a n/a n/a
Total Expenditure (1 421 073) (870 438) (900 586) (1 314 020) (717 953)
Employee Related costs (439 944) (386 636) (386 707) (353 840) (328 224)
Surplus/(Deficit) for Year 1 670 321 25 945 109 909 (37 050) 717 474
CASH FLOW
Net Cash Flows from Operating Activities (351 044) (165 328) 38 103 (193 747) (434 175)
Net Cash Flows from Investing Activities (215 979) (159 383) (264 631) (418 884) (10 556)
Cash & Cash Equivalents at End of Year 591 805 837 057 855 735 1 005 704 1 241 072
UIFW EXPENDITURE
Unauthorised Expenditure - - - - -
Irregular Expenditure 243 521 8 418 34 693 -
Fruitless & Wasteful Expenditure - - - - -
HUMAN RESOURCES
Posts Approved n/a n/a n/a n/a n/a
Posts Filled n/a n/a n/a 439 439
SOURCE Annual Report Annual Report Annual Report Annual Report Annual Report

Annual Reports

  • Annual Report 2024/25
  • Annual Report 2023/24
  • Annual Report 2022/23
  • Annual Report 2021/22
  • Annual Report 2020/21

Resources

Official website