MegaBanner-Right

MegaBanner-Left

LeaderBoad-Right

LeaderBoard-Left

Home » Industry News » Yekani unveils new R1 billion electronics factory in East London that will create 1,000 jobs

Yekani unveils new R1 billion electronics factory in East London that will create 1,000 jobs

ICT group Yekani Manufacturing on Tuesday unveiled its R1 billion factory in East London Industrial Development Zone (IDZ) that it says will create 1,000 jobs.

The new facility covers 28,000 square metres and will manufacture electronic products.

Funding for the project was received from various stakeholders that included the Department of Trade & Industry (DTI), and private financial institutions, while a significant portion of this came from Yekani’s coffers, the group said.

“Our Technologically advanced facility is geared to manufacturing innovative technology products for clients in the Automotive, Defence, Aerospace/Aviation industries as well as consumers,” said Dr Siphiwe Cele, Yekani Group CEO.

Yekani’s portfolio of product categories ranges from education 2-in-1 tablets and laptops to consumer products, such as mobile handsets and laptops.

One of the most pressing challenges facing South Africa today is the quality of education. Yekani Technology, with the help of its sister company Yekani Manufacturing, manufactures and supplies devices purpose built for education, aimed at enhancing the 21st century classroom experience for both teachers and students, with the goal of improving the standard of education throughout South Africa.

“Two years ago, the Department of Education in Gauteng introduced a five-year e-learning paperless classroom initiative in township schools and those with 100 percent pass rate in last year’s matric finals received brand new tablets. The Department of Education in Gauteng led by the MEC of Education, Panyaza Lesufi entered into a partnership with one of Yekani’s local resellers to provide these tablets to the selected township-based schools.

“As Yekani, we are happy to have played our part in this education initiative – a project aimed at improving learning for students by providing digital textbooks and past papers,” said Cele.

 


 

Source

BusinessTech

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

Executive Summary of the Premier’s Opening Address on the occasion of the first session of the 7th Parliament of the WC

On Tuesday, 31 July 2024, Premier Alan Winde delivered his opening address to mark the first sitting of the 7th Western Cape Provincial Parliament. Below is...

SEW-Eurodrive doubles down on drive innovation at Electra Mining Africa

IT’s all systems go for SEW-EURODRIVE at Electra Mining Africa this year, as the company has added another exhibition stand to signal the company’s...

MUST READ

Why AI is both a risk and a priority defence tool

Cyber security in the age of AI is a key topic for the forthcoming ITWeb Security Summit, to be held in Cape Town and...

RECOMMENDED

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.