Investment

A Partnership Solutions Breakfast discussion took place at Tsogo Sun’s Maharani Towers this morning between eThekwini Municipality’s leadership and Business Leadership represented by the Mayoral Team Durban Advisory Committee, the Durban Chamber of Commerce and Industry Board, plus KZN Growth Coalition Executives. This joint initiative, around improving Beachfront Partnerships has …

Kuwait’s IFA Hotels & Resorts announced last week that it has entered into a joint venture with boutique financial consulting firm Jaltech to create a R2 billion property fund. The property fund, Zimbali Capital, is a Section 12J Venture Capital Company which will allow IFA and its associate partners to …

The much-anticipated inaugural non-stop flight between London and Durban, by British Airways, the flight landed  at King Shaka International Airport on Tuesday 30 October 2018 at 05:18am, the flight ushers in a new direct air service, which will be operated three times a week with British Airways latest fleet of …

Shopping Centres owned by listed property company SA Corporate Real Estate Limited (SACREL) that fall under the Broll Property Group Property Management have scooped four silver Footprint Marketing Awards at the annual South African Council of Shopping Centres (SACSC) Congress recently in Durban. The awards, which recognise exceptional shopping centre marketing, innovation …

KwaZulu-Natal’s drive to grow tourism and attract much needed direct foreign investment is expected to move up a gear when the province formally welcomes the arrival of the inaugural British Airways direct flight from London into the King Shaka International Airport next week. The MEC for Economic Development, Tourism and …

The first phase of the catalytic Ntshongweni Urban Development region will be an 85 000 square metre regional retail experience. Aptly named the Mall of the West, the new retail offering will cater to Durban’s underserviced western suburbs and surrounding areas and kickstart the Ntshongweni Urban Development which is expected to …

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 …