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KwaZulu-Natal

Nedbank backs Umhlanga's new mixed-use development with R1bn

Umhlanga, a resort town north of Durban on the coast of KwaZulu-Natal, will soon get a new mixed-use office and retail development — thanks to Nedbank’s recent approval of R1 billion finance facility. ... Full story

Durban’s King Shaka International Airport built without a feasibility study

Astonishing claims has surfaced, suggesting that the King Shaka International Airport in Durban was built without a feasibility study by Airports Company South Africa (Acsa). ... Full story

A look at Durban’s R1.8 billion Cornubia Shopping Mall

DURBAN - Cornubia Shopping Mall, a new retail development located in the north coastal corridor of Durban, is on track to open its doors in September next year. ... Full story

Cornubia attracts property investors

Cornubia Industrial and Business Estate (CIBE), located in KwaZulu-Natal’s northern corridor, has emerged as a focal point for property investors. ... Full story

Kwazulu-Natal’s aerotropolis boosts property interest

There is significant interest from property investors on the north coast of Durban due to increased economic activity at Africa's first purpose-built aerotropolis, the Dube TradePort, home to King Shaka International Airport. ... Full story

Hammarsdale’s R6bn Industrial park to fuel jobs bonanza

Hammarsdale, west of Durban is on a roll, thanks to Keystone Industrial Park, to be built at an estimated cost of R6 billion. ... Full story

Milestone land claims settlement signed in KZN

A significant milestone has been reached in the settlement of the land claims lodged by the Mkhuzane and the Nodunga communities on properties previously owned by Mondi (Pty) Ltd. ... Full story

KZN gets biggest share in SA's 2015 Budget

The KwaZulu-Natal province will receive the largest share of the budget of all the provinces in terms of equitable share, according to Finance Minister Nhlanhla Nene's 2015/16 budget tabled in the National Assembly on Wednesday. ... Full story

Tongaat Mall inquiry’s key witness in hospital

Controversial businessman Jay Singh checked himself into hospital this week. His hospital stint — described as a “routine check-up” — came the day after the first anniversary of the Tongaat Mall collapse. ... Full story

Dube TradePort gets Industrial Development Zone (IDZ) status

In a latest effort by government to promote industrialisation, KwaZulu-Natal's Dube TradePort will formally become a special economic zone under the new Special Economic Zones Act 16 of 2014. ... Full story

R22bn Go Durban project forges ahead despite complaints

The construction of the first phase of the multibillion-rand integrated rapid public transport network system, known as Go Durban, is set to continue despite complaints from some businesses and landowners ... Full story

The Lion Match Company secures R80m Head Office development

The Lion Match Company, which produces the iconic Lion Safety Matches, has increased its commercial office investment in Durban’s Point Waterfront node with R80 million loan package granted by Nedbank Corporate Property Finance. ... Full story

Durban Residents fight over demolition of a heritage building

GLENWOOD residents have objected to the demolition of a heritage building to make way for a student hostel in the Durban suburb. ... Full story

Nongoma town in KwaZulu-Natal gets R4m

The KwaZulu-Natal Finance Department has injected R4 million to assist with infrastructure development in the dilapidating Nongoma town. ... Full story

Pietermaritzburg Airport gets R18 million facelift

The Pietermaritzburg Airport is set for a R18 million facelift at its terminal building and apron, KwaZulu-Natal Finance MEC Ina Cronjé said on Tuesday. ... Full story

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