Investment

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 …

KwaZulu-Natal (KZN) is getting ready to welcome over 500 000 domestic holidaymakers for the Easter season. The Easter season which, will span over a two- week period, is expected to also attract international travellers in the region of 65 000 from United Kingdom, Germany, United States of America, France, Netherlands and India. …

Today, the Province of KwaZulu-Natal welcomed the inaugural flight of Air Seychelles to Durban’s King Shaka International Airport. Air Seychelles will be flying a twice-weekly non-stop service on Thursdays and Saturdays, connecting Durban and the Seychelles’ capital Mahé, using an Airbus A320 Aircraft with a 16-seat business class and 120-seat …

The Durban International Convention Centre continued its series of strong financial performances in 2016, growing its profits once again and receiving a clean, unqualified audit from the Auditor-General of South Africa for the third consecutive year. Speaking at the release of the Centre’s Annual Report, Board Chairperson, Mato Madlala said, …

R 1.3 billion iconic development confirmed for Umhlanga A one-of-a-kind development to hit Durban shores, Umhlanga Arch is proudly introduced by The Multiply Group, a Durban-based global investment company offering access to proprietary transactions on the African continent. The Group has a 30% stake in Imbewu Capital Partners, a company …

An enormous piece of permanent public art, depicting the late Anton Lembede has been installed on the corner of Anton Lembede Street (formerly Smith Street) and Six Durban Club Place to mark the start of the regeneration of Durban Club Place, a dedicated professional and legal quarter in central Durban. …