Investment

EThekwini Municipality and its investments promotion unit, Invest Durban, have collectively scooped no fewer than eight Diamond Arrow Awards in the prestigious PMR.africa awards, an annual awards event which is designed to augment competitiveness, enhance excellence and set benchmarks in industry. PMR.africa, a division of CJ Hattingh & Sons, is …

The MEC for Economic Development, Tourism and Environmental Affairs, Mr Sihle Zikalala, has welcomed the awarding of Blue Flag status to nine beaches in KwaZulu-Natal as a much-needed positive boon for the province’s tourism prospects. A total of seven beaches in the Ray Nkonyeni District to the south of the …

Construction on the R1,4 Billion Umgeni Lifestyle and Deco Park is in full swing and is expecting the completion of Phase A of construction by as soon as October this year and the grand opening on the 1 November 2018. Conceptualised by Eris Property Group, in partnership with PRASA and …

“We will not rest until we claim a spot in the top three.” That was the upbeat reaction from the MEC for Economic Development, Tourism and Environmental Affairs, Mr. Sihle Zikalala, to news that Durban had been named as the fifth wealthiest city in Africa. According to the Afr-Asia Bank’s …

Former World Cup Rugby player, Butch James is currently involved in a new high-end residential development, Balize Private Estate situated within the 1000-hectare mixed-use Sibaya Coastal Precinct. The Precinct is comprised of several nodes, each boasting a unique set of offerings and facilities. Balize has provided the ideal launch pad …

Following the successful, first-ever residential online sales launch 9 months ago, Summer Park Umhlanga officially broke ground on Thursday, 16 August. Having started with an extremely positive reaction, with R60 million sold in 42 seconds of the online launch, Summer Park Umhlanga has not slowed down in sales, resulting in …

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 …