The province, whose GDP grew by 3% quarter on quarter for 4Q 2011, is a growing market for advertisers and investors.
The research identified the following statistics:
The Eastern Cape also seems to be a hub of job creation. In 4Q 2011, 28 000 jobs were created, of which 27 000 were in the formal sector.
"When you combine the positive research outcomes with an ever-growing number of jobs in the province, it opens up huge opportunities for clients looking to grow their market share," says Evan Smith, Ads24 - local newspapers business manager.