Official source
Source domain: sanews.gov.za
Collected on 28 July 2026
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Machinery grant under the Black Industrialists Programme
A R50 million grant is available to qualifying black-owned industrial companies for purchasing machinery. This grant enables additional employment, including up to 1,000 more jobs.
The company also received a R50 million grant under the Black Industrialists Programme for the machinery at the plant.
Places
Buffalo City, Eastern Cape
Reference
https://www.sanews.gov.za/south-africa/east-london-smart-factory-create-jobs
Amounts
R 1 000 000 000, R 350 000 000, R 50 000 000
Construction funding via the Special Economic Zones Fund
The Department of Trade and Industry provides funding for infrastructure projects in special economic zones. A R350 million contribution was used for the construction of the Yekani Manufacturing factory.
The dti provided R350 million for the construction of the factory that is located in the ELIDZ through the Special Economic Zones Fund.
Employment at the Yekani Manufacturing smart factory
The newly launched smart factory at the East London Special Economic Zone is expected to create at least 1,000 new jobs. The facility currently employs around 400 people and aims to expand further through investment in technology and youth development.
The launch of the Yekani Manufacturing factory at the East London Special Economic Zone (ELIDZ) is expected to create at least 1 000 new jobs for the community.
