The City co-hosted a business engagement to promote investment in the City.

TO REITERATE that eThekwini is open for business and investment, the City co-hosted a business engagement with the Department of Trade and Industry and the Durban Chamber of Commerce and Industry recently. The event, which was attended by prominent business leaders, aimed to address business concerns that have impacted operations within the City. It also provided an opportunity for eThekwini Mayor Councillor Mxolisi Kaunda to engage in meaningful discussions with the Minister of Trade and Industry and Competition Ebrahim Patel. 

The engagement drew attention to the collaboration of diverse business stakeholders during the peak of the COVID-19 pandemic. This partnership led to the formulation of an Economic Recovery Strategy, now serving as a blueprint for addressing various types of disasters that may arise in the City. Mayor Kaunda expressed gratitude to the business sector for their unwavering support in revitalising the City’s economy, following the crises. “Despite the losses experienced, the business community’s commitment to both the City and its residents must be applauded. In line with fostering proactive dialogue, the City has established several platforms to engage with organised business entities. 

These platforms encompass the eThekwini Economic Council, the CEOs Forum, the KZN Growth Coalition 8-Aside, and a newly formed committee of technical experts from both the City and the business sector,” said Mayor Kaunda.
He said this technical infrastructure committee focuses its efforts on tackling crucial infrastructure challenges relating to water, roads, and electricity. This is done with the aim of further enhancing the City’s growth, service delivery, and major investment projects, he added.