Specialist forwarder records 'best year ever'

LONG TIME Eastern Cape businessman Kevin Glegg of Ibhayi Freight has an interesting way of measuring economic prospects in the province. “In the last year we have had two big national companies approach us to buy the company. We did not take up the offers, but the fact that we were approached is significant. It shows that the Eastern Cape is attracting national and international attention,” he says. Ibhayi specialises in the import and export of hides, skins, wool and mohair. The past financial year was “the best ever,” according to Glegg. The company has increased its clearing and forwarding capacity, and is providing clearing services for a number of other independent agents. “This is all part of the growing interest in Port Elizabeth,” he says.