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RBIDZ CEO RESIGNATION

11 DECEMBER 2018

The MEC for Economic Development, Tourism and Environmental Affairs, Mr. Sihle Zikalala has paid tribute to the former Chief Executive Officer of the Richards Bay Industrial Development Zone (RBIDZ) Pumi Motsoahae.

Motsoahae, who joined RBIDZ five years ago, has left the entity to pursue other interests after the end of his five-year term in November 2018. His departure is not only a loss to KwaZulu-Natal Provincial Government and the RBIDZ but also to the people of King Cetshwayo District whom he served with absolute dedication.

It should be noted that the appointment of Motsoahae as CEO years ago, ushered in a new era and saw various activities being executed diligently. He has ensured that the RBIDZ takes a central role in driving the attraction of domestic and foreign direct investments into Richards Bay IDZ.

To date, RBIDZ, has signed investments of more than R12 billion representing different key sectors of the economy. Critically, the entity has also created a sizeable number of permanent and contract jobs during infrastructure development.

Motsoahae leaves behind a solid management team that will be working towards finalising investments emanating from lead sectors of the economy. These include amongst others manufacturing, mining, infrastructure development, transport and logistics, clothing and textile (leather), energy and oceans economy.

Whilst the transition process takes place, the RBIDZ, Chief Financial Officer, Ms. Simangele Ngcobo will act as the Chief Executive Officer.

 

Issued by the Ministry of Economic Development, Tourism and Environmental Affairs in KwaZulu-Natal

For more information, contact Mr Bongani Tembe on 082 327 2600 or Choice Sihiya (Ms) on 084 207 5823