Things To Do in East LondonOld East London Wool Exchange
Where? Buffalo Street, East London, Sunshine Coast, Eastern Cape.
When? Best during daylight hours
How? Call +27 (0)46 603-811
How much? Price on request
During the 1890’s, East London established itself as the epicentre of the wool trade in South Africa, with an entire trade and industry existing within the bounds of this beautiful province.
The industry grew rapidly as trade took place, as well as buying and selling, wool auctions and wool brokerage. Due to the expansion of this burgeoning industry, co-operatives were formed, for buyers and brokers in 1928, and premises were constructed for a wool exchange.
The East London Wool and Mohair Buyers Association completed the project in 1930, but in 1981 wool buying moved from the Eastern Cape to Port Elizabeth.
The Wool Exchange building was purchased by Rhodes University which would become their new East London campus in 1982. The Old East London Wool Exchange was later declared a National Monument and visitors are welcome to explore this beautiful relic, with permission of Rhodes University.