ECIC AR 2024 9TH
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Integrated Report 2024
E X P O R T C R E
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Employment Impact in South Africa • ECIC’s involvement has been instrumental in facilitating the generation and sustainability of an estimated 49 174 job opportunities in South Africa as a result of insured export transactions, over the past 10 years.
Impact of ECIC on Employment (2014 – 2024)
12
60
49,17
49,04
46,72
10
50
43,88
8
40
33,95
36,19
35,10
6
30
16,76
4
20
22,46
Thousands
Thousands
7,71
2
10
0
0
2014/15
2015/16
2016/17
2017/18
2018/19
2019/20
2020/21
2021/22
2022/23
2023/24
Capital Investment Phase
Operational Phase Cumulative, rhs
Note: Results presented consider the Direct, Indirect and Induced impacts of ECIC’s contribution
Figure 3: Employment Impact in South Africa
Revenue Impact in South Africa • R3.7 billion is estimated to have been added to the South African fiscus.
Impact of ECIC on Revenue (2013 – 2023)
0,8
0,0 0,5 1,0 1,5 2,0 2,5 3,0 3,5 4,0
3,70
3,68
3,46
3,21
0,6
2,52
2,42
2,61
0,4
R’bn
R’bn
1,72
1,29
0,2
0,60
0,0
2014/15
2015/16
2016/17
2017/18
2018/19
2019/20
2020/21
2021/22
2022/23
2023/24
Capital Investment Phase
Operational Phase Cumulative, rhs
Note: Results presented consider the Direct, Indirect and Induced impacts of ECIC’s contribution
Figure 4: Revenue Impact in South Africa
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