R1-Billion-worth Yekani Smart Factory revitalises Eastern Cape manufacturing and creates jobs
EASTERN CAPE – Yekani Manufacturing (Pty) Ltd. – an Information and Communications Technology (ICT) company – officially launched a R1- Factory Billion-worth Smart in East London Industrial Development Zone (IDZ) on Tuesday, 05 June 2018. The funding for this project was a concerted effort from various stakeholders that included the Department of Trade & Industry (DTI), private financial institutions and a significant portion of this coming from Yekani’s coffers.
This world-class, technologically advanced facility is aimed at pushing the limits of technology innovation and is an investment that is estimated to create approximately 1 000 jobs, not only for the East London community, but also for the much-needed employment boost in the province.
The 100% Black-owned Electronics Contract Manufacture and ICT giant has already heeded the call made by the President of South Africa: His Excellency Cyril Ramaphosa in his maiden State of the Nation address to re-industrialise intermediate cities and stimulate manufacturing in the country.
The 28 000m² state-of-the-art Smart Factory resides within a customs’ controlled area at the East London Industrial Development Zone (ELIDZ) – a short five (5)-minutes from the East London Airport and 10-minutes from the East London Port.
“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. “We want the world to know that Africans are capable of pioneering new technology and at Yekani – we have this belief that our strength lies within our biggest asset – our people.”
The timing of this event is very opportune – Youth Month allows Yekani to re-affirm its commitment to investing in the youth. Dr Cele emphasizes: “Our new home is a stronghold where young people’s brilliance will be nurtured with an ultimate objective of forming a pool of entrepreneurs within this group.”
Furthermore, President Ramaphosa also emphasized in his address that the decline over many years of our manufacturing capacity had deeply affected employment and exports – that South Africa would seek to re-industrialise on a scale that draws millions of job seekers into the economy.
The increased operational capability of the Yekani Manufacturing smart factory requires many skilled and trained people, ensuring the employment and skill of our people. Yekani Manufacturing and Yekani Technology – the privately-owned companies that form part of the Yekani Group – a holding company incorporated in 1998; these companies boast an executive management team with 30 years’ experience spanning multiple sectors.
The company’s flagship brand is YEKANI and Trust in the YEKANI brand in the ICT in education industry is reflected in the increasing demand for YEKANI-branded consumer tablets and laptops. YEKANI 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.
Dr Cele explains: “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.”
The launch of this Smart Factory allows Yekani to lead the way in technology innovation and to help Africa secure its rightful place among global technology leaders. “We believe that this new home will allow us to showcase our capability, flexibility, expertise and quality as well as contribution to the development of the manufacturing industry, not only in the country but also in the African continent,” concluded Dr Cele.
|For more information or media queries, please contact:|
|Miranda Lusiba – Business Head: The Grind PR (TGPR)
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About: THE YEKANI STORY
Yekani Manufacturing (Pty) Ltd. (“Yekani”) – a 100% Black-owned electronics contract manufacturer and Information and Communication Technology (ICT) company – is an identifier of innovation opportunities and an enabler. Yekani Manufacturing and Yekani Technology are privately owned companies that form part of the Yekani Group – a holding company incorporated in 1998. These entities boast an executive management team with 30 years’ experience spanning multiple sectors.
The company’s new home located in the East London Industrial Development Zone (IDZ) in East London – is a R1-billion-worth world-class Smart Factory- able to create new value to achieve advantage over our competitors. This technologically advanced facility is geared towards manufacturing innovative technology products for clients in the consumer, automotive, defence and aerospace industries. Yekani is about growth through commitment to its greatest strength that lies within – its biggest asset – its people.