Industrial zone vital to SA corporation CE.
The Airports Company SA (Acsa) would spend R3.8 billion upgrading terminals, runways, and security and rescue services at its 10 local airports, chief executive Monhla Hlahla said yesterday.
Property prices and development have taken off in the Coega area, says Remax Bay Properties broker Jean Botha.
The value gap between listed property and directly held property is narrowing, says the latest property report by consulting group Rode.
Estate agents and property valuers in Port Elizabeth are optimistic that with current developments such as the Coega IDZ, business will return to the central business district, thereby making it vibrant again.
Concor has trebled earnings for the six months to the end of December, with attributable earnings swelling from R3.1m to R9.6m.
The Coega Development Corporation (CDC) has lifted a rare butterfly, endemic to the area around the multi-billion dollar development, from ecological obscurity and turned it into the star of a series of television advertisements.
Acquisitions worth R173m announced yesterday have boosted the asset value of property loan stock company ApexHi Properties to R2,1bn.

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