Investment

The Durban International Convention Centre has been a winner since 8 August 1997 when South Africa’s first democratic president Nelson Mandela cut the ribbon. It is perhaps significant that Durban ICC celebrates its 21stanniversary in the year that also marks 100 years since the birth of our beloved Madiba. _____________________________________________________ …

Travellers hoping to escape the Northern Hemisphere’s shorter days and long, cold nights this winter have a new destination: the South African city of Durban with the start of British Airways’ new direct service. From October 29 the airline’s customers will be able to surf their heart out along the …

Transnet National Ports Authority has concluded an agreement that will see KwaZulu Cruise Terminal Pty Ltd (KCT) finance, construct, operate, maintain and transfer a new Cruise Terminal Facility in the Port of Durban by October 2020. The parties signed off on this R200 million-plus project at an official ceremony on …

Transnet National Ports Authority (TNPA) has concluded negotiations and signed an agreement for the manufacture, supply and delivery of two new helicopters to service the Ports of Durban and Richards Bay. The AgustaWestland (AW 109) helicopters, valued at around R250 million, are being procured from Leonardo S.p.A., formerly Leonardo-Finmeccanica, Finmeccanica …

MEC for KwaZulu Natal Human Settlements and Public Works, Mr Ravi Pillay, together with Darryl Mayers, Head of Investec Property South Africa and other City dignitaries, have officially opened the 65 000m² brand new Cornubia Mall near Mount Edgecombe, KZN. The Mall opened its doors amid much fanfare and excitement from shoppers and retailers alike …

Transnet National Ports Authority in the Port of Durban is offering new lease agreements for more than 30 properties and operational sites in the Port’s Ship Repair and Bayhead Precincts. The commercial sites, which will be leasable for a minimum of five years, present opportunities for new entrants who have …

The plan to position Durban as a world-class cruise capital took a step forward this morning with the announcement of the preferred bidder for the Durban Cruise Terminal – KwaZulu Cruise Terminal Pty Ltd (KCT) – a Joint Venture between MSC Cruises SA (a subsidiary of MSC Mediterranean Shipping Company …

Speaking at the INDABA Travel and Tourism Show’s opening ceremony, President Jacob Zuma announced that Durban has secured the rights to host the show for the next five years. Commenting on the announcement, Chief Executive Officer of the Durban ICC, Lindiwe Rakharebe noted, “We are thrilled, honoured and proud to …

The convergence of key continental and global players from business, government and civil society under the auspices of the World Economic Forum Conference on Africa will go a long way towards profiling the Province of KwaZulu-Natal as a suitable location for mega events, investment and tourism. This is the upbeat …

Well situated adjacent to the Durban International Convention Centre, the Hilton Durban is currently completing a major refurbishment, which was undertaken in five phases at a total capital investment of over ZAR 200 million. The full project will be scheduled for completion in 2018 after completing the meetings and banqueting …