Investment

The Executive Committee has approved the allocation of R18m as part of the shared costs towards the bidding process for the 2022 Commonwealth Games. A report on the progress of the bidding process for Durban to host the 2022 Games was tabled at the EXCO meeting at City Hall on …

Mayor James Nxumalo hosted US Ambassador Patrick Gaspard and US Consul-General Frances Chisholm at the Durban City Hall last week.  The ambassador and his delegation paid a courtesy visit to Durban to talk about possible co-operations with the City. Ambassador Gaspard said he was excited to be in Durban. He …

Edmonton last night withdrew its bid to host the 2022 Commonwealth Games because of economic problems caused by the drop in worldwide oil prices, claiming that they wanted to focus on 2026 instead.  The decision leaves Durban in South Africa as the only bidder for the Games, putting them in pole …

The expansion of skills remains vital to the support offered by government to investors, says Trade and Industry (dti) Minister Rob Davies. The Minister, who was joined by King Goodwill Zwelithini, was speaking at the launch of the R200-million CCI Call Centres building in Umhlanga, KwaZulu-Natal, on Friday. The dti’s …

In an event held today by Durban Tourism at the ICC Durban, press and relevant stakeholders were treated to an eye-opening array of facts and figures; proving that Durban is on the map, and is definitely staying there. Included in the presentation was the stats for the Festive Season that has only …

In a list compiled from research done by the company New World Wealth showing SA’s luxury hotels with the highest number of multimillionaire visitor bookings annually, Durban did well – with the two Umhlanga landmark establishments ranking among the Crème de la Crème of South African hotels. The Beverly Hills Hotel, which has …

New pleasure boat cruises along the uMngeni River, along with a coffee shop, restaurant and vibrant crafts centre, could be on the cards for Durban as part of a plan to develop “green” tourist businesses close to the Blue Lagoon. Late last year managers of the Durban Green Corridor issued …

By Dan Booth – Business Traveller USA Always the bridesmaid, Durban seldom takes first place when one thinks of South Africa’s major urban centers; Johannesburg is the country’s magnet for international commerce and charming Capetown, where the Atlantic and Indian Oceans meet, claims the spotlight with its grandiose geography and …

The newly launched Malibu Room at one of Durban’s landmark beachfront hotels, now offers state-of-the-art business, conference and events facilities. The Malibu Room situated on the second floor of Tsogo Sun’s Garden Court South Beach caters for up to 250 delegates and all event space could be arranged to suit …

In a landmark deal, Eureka Capital has signed a R 160 million-lease agreement with Dube TradePort Corporation to develop a 7 storey 21500m² building in the heart of Dube City, adjacent to King Shaka International Airport. This building will house a state-of-the-art innovation hub and an office block. Ms Saxen …