Eastern Cape Business 2023-24
The 2023/24 edition of Eastern Cape Business is the 16th edition of this successful publication that, since its launch in 2006, has established itself as the premier business and investment guide for the Eastern Cape. The Eastern Cape Development Corporation (ECDC) is supporting this issue of the journal, both in providing up-to-date information for editorial use and in sharing information about its activities. It will also distribute the journal through its regular channels. The Eastern Cape’s multi-faceted approach to the challenges and opportunities of sustainability are explored in a special feature. From caring for agricultural land through partnerships between farmers, wool brokers and fashion houses, to solar panels and improved lighting and water systems, companies are finding ways to incorporate sensible and profitable solutions into their business models. The Nelson Mandela Bay Development Agency celebrates a significant milestone this year, it being 20 years since it began operations.
The 2023/24 edition of Eastern Cape Business is the 16th edition of this successful publication that, since its launch in 2006, has established itself as the premier business and investment guide for the Eastern Cape. The Eastern Cape Development Corporation (ECDC) is supporting this issue
of the journal, both in providing up-to-date information for editorial use and in sharing information about its activities. It will also distribute the journal through its regular channels.
The Eastern Cape’s multi-faceted approach to the challenges and opportunities of sustainability are explored in a special feature. From caring for agricultural land through partnerships between farmers, wool brokers and fashion houses, to solar panels and improved lighting and water systems, companies are finding ways to incorporate sensible and profitable solutions into their business models. The Nelson Mandela Bay Development Agency celebrates a significant milestone this year, it being 20 years since it began operations.
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Furthermore, there was a big media build-up leading<br />
up to the actual launch day. Notable media houses like The<br />
Herald, radio stations like Algoa FM, SABC sports as well as<br />
social media platforms from the stadium were utilised to<br />
magnify the importance of this launch as a legacy project<br />
for the city and its citizens. The NMB Stadium Museum was<br />
officially opened to the public in 2021 and has created<br />
many opportunities for engagement, the exchange of ideas<br />
and the transfer of sporting knowledge and suggestions<br />
from the public. The NMB Stadium looks forward to the<br />
next phases of this project.<br />
NMB Stadium e-gaming tournament<br />
For the third year running, the NMB Stadium e-gaming<br />
tournament was attended by more 150 guests/<br />
participants. Seasoned presenter and SuperSport anchor<br />
Kamza Mbatha held proceedings together throughout the<br />
event as the tournament was live-streamed. Participants<br />
in the tournament were geographically spread between<br />
Asia, Europe as well as Africa, giving the tournament an<br />
international feel and extra competitiveness. The e-gaming<br />
tournament was the first of its kind for the stadium but it’s<br />
something that the stadium definitely wants to be part of,<br />
generating more numbers both locally and abroad.<br />
What the future holds for NMB Stadium<br />
The NMB Stadium is deliberately and purposefully<br />
transforming the business of stadium/facility management<br />
in South Africa and Africa. We are pioneering a new way<br />
of conducting stadium business in an African context and<br />
remain resolute as we move towards our vision, one step<br />
at a time.<br />
Here is what to expect in the next medium to long-term<br />
plans for the facility:<br />
• Focus on the development of the stadium precinct (total<br />
precinct management).<br />
• Completion of the Five-a-Side soccer courts and a<br />
hockey turf.<br />
• Grow the relationship with AIDC to build a smart<br />
academy within the precinct.<br />
• Intensify the purification of the lake water for water<br />
sports such as rowing, sailing and extreme sports.<br />
• Digitise service offerings through the NMB Stadium app.<br />
• Attracting major events for the facility including international<br />
rugby, drone racing, music concerts, motor shows<br />
and motorbike events.<br />
• Hosting of the next World Football Summit.<br />
• Collaborating with Nelson Mandela Foundation to<br />
emphasise the legacy of the late Madiba.<br />
• Collaborate with global entities to enhance product<br />
offerings and diversify the product mix.<br />
• Increase our revenue by almost 45% in five years’ time.<br />
#ourstadium<br />
#heresisto20yearsofdevelopmet<br />
#Manadelabaydevelopmentagency<br />
Acting CEO says Agency has listened<br />
MBDA Acting CEO Mpho Mokonyama writes:<br />
Our assessment of what has gone wrong points<br />
to several factors that we intend addressing<br />
through the proposed new five-year plan for<br />
<strong>2023</strong>-2028. Much of what we aim to focus<br />
on in the next five years is fewer new builds<br />
but smarter total precinct management and<br />
facilitation of key services with partners. We have<br />
listened to stakeholders, including business and citizens who feel more<br />
must be done to coordinate security, cleansing, bylaw enforcement<br />
and improved informal trading regulation. Greater attention will be<br />
placed on the bad-buildings regime. All these issues will be addressed<br />
through a series of stakeholder agreements and we are confident that<br />
if all role-players play their part, the Baakens/Central CBD, Kariega CBD<br />
and Nelson Mandela Bay Stadium precincts will all turn around into safe,<br />
clean and attractive areas for further investment.
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