Issue 1 2023

Acquisition International - Issue 1 2023 13 he current business and professional climate – rife as they are with challenges and obstacles – relies on experts to help others navigate through a maze of potential pitfalls. Equally, though the pan-African climate is one of growth, it is still developing and maturing. By all regards, a guiding light is needed to ensure that momentum is maintained. CEO of CDC, Khwezi Tiya understands the crucial role that the company plays across South Africa and the greater continent. “Wholly owned by the Eastern Cape Provincial Government, our vision is to be the leading catalyst for the championing of socioeconomic development through the sustainable development and operation of the 9 003-hectare Coega Special Economic Zone (SEZ), a trans-shipment hub and leading African investment destination, providing competence and capacity for advisory on and the execution of complex infrastructure and related projects.” “The Coega SEZ is home to 55 operational investors with access to three economically viable ports and has created more than 130,500 jobs since its inception in 1999.” Sustainability is clearly at the heart of CDC’s approach and mission, with a focus towards building growth in an organic, maintainable, robust way. It is, in every way, impressive that the corporation has sought to build up the greater infrastructure in a way that is future-proof, scalable, and resistant. “Our advanced capabilities enable economic zone development and management, real assets management, infrastructure planning and development, technology integration, and skills and SME development. “With a mission to provide competitive investment locations, holistic infrastructure and value-adding business solutions, the CDC is ISO certified in quality management, environmental management, occupational health and safety, IT service management and information management.” “The foundational culture of the CDC’s approach, backed by core values, is innovation and continuous improvement.” With all of this in mind, Khwezi is keen to emphasise the role of CDC’s greater team in delivering its sky-high mission, as he moves to discuss. “Our staff members are our most important asset. An T organisation is only as successful as its employees. Our employees, at all levels, play an integral role in our overall organisational success by using their respective knowledge, skills, abilities, expertise, and innovative ideas to improve business efficiency and effectiveness. The aforementioned can be summed up in the good old saying: “Employees are the soul, heart and life of any organisation” – cliché but true.” Utilising this team is key to CDC’s future, which aims to reinforce its position in the market, with a commitment to fighting back against the effects of COVID-19 and the Russia-Ukraine war. “As the CDC attempts to break into established global supply chains by offering location solutions to the world’s pharmaceutical, battery, electronic vehicle, and chip value chain participants. The challenge of Africa being considered as a source of raw materials for the production as well as final consumers of the end product remains still in 2022. The disruption to global supply chains due to Covid-19 and the Russia-Ukraine war have seemingly encouraged countries to localize rather than locate and invest into the African Continent. The CDC will continue to work tirelessly to changes this status quo.” Company: Coega Development Corporation Website: Address: Coega Development Corporation, Coega SEZ Business Centre, Corner Alcyon Road & Zibuko Street, Zone 1, Coega SEZ, Gqeberha, 6100 Coega Development Corporation, P/B X6009, Gqeberha, 6001 EAST LONDON OFFICE: Coega Business Centre, Ground Floor Harraway House, 10 & 12 Pearce Street, Berea, East London, 5241 Tel: +27 43 711 1600 MTHATHA OFFICE: 24 Park Road, Mthatha, 5099 Tel: +27 47 531 1246 DURBAN OFFICE: Coega Development Corporation Durban, 18 Cranbrook Crescent, Umhlanga, 4051 Tel: +27 31 584 1760 PRETORIA OFFICE: 145 Herbert Road, Eastwood, Arcadia, Pretoria, 0083 Tel: +27 12 423 0980 CAPE TOWN OFFICE: Coega Business Centre, 1101, 11th Floor, South African Reserve Building, Cape Town, 8001 Tel: +27 21 423 0533 South Africa is a country on the rise, with recent years defined by incredible growth and enduring momentum. Indeed, the African continent as a whole is undergoing an invigoration of world-leading businesses looking to revolutionise their respective industries. Following Coega Development Corporation’s (CDC) success in the Leading Adviser programme as the Best Trade & Development Company in South Africa, we endeavoured to take a closer look. Incredible Innovation in Business Development Nov22426 ISO 9001:2015 ISO 14001:2015 ISO 45001:2018 ISO 20000-1:2018 ISO 27001:2013