KwaDukuza Mayor welcomes R26.5 billion pledge for KwaDukuza

KwaDukuza mayor S’duduzo Gumede has welcomed new investments and expansion projects announced at the KwaZulu-Natal Investment Conference where KwaDukuza secured a share of R26.5 billion which translates to 26.47% of the total R100.1 billion pledged in the province. 

The investments were announced by the KwaZulu-Natal Premier earlier today, 23 October 2025, at Inkosi Albert Luthuli International Convention Center in Durban. The following investment portfolios were pledged for KwaDukuza alone:

1.⁠ ⁠Zimbali lakes = R1,2 billion

2.⁠ ⁠Digititan Holdings R1,7 billion (New investment)

3.⁠ ⁠Club Med R500 million

4.⁠ ⁠Collins residential R11,6 billion 

5.⁠ ⁠Alleyroads Holdings R1,5 billion

6.⁠ ⁠New Salt Rock City R10 billion

Gumede expressed confidence, saying that the investments will lead to significant economic spin-offs and job creation.

“This announcement underlines our position as one of the most attractive investment destinations in the province of KwaZulu-Natal. We remain steadfast of our growth in the knowledge that our economy continues to thrive despite global challenges. Accordingly, these commitments will translate to decent jobs and help grow our economy. The KwaZulu-Natal Investment Conference chapter is an historic vote of confidence which is aligned with our investor retention and expansion approach. The conference has not only affirmed that we are a leading investor destination but one amongst the most economically viable and fastest growing secondary cities in the country. With just six of the 34 catalytic projects across the province, we are turning the tide towards a greater path in our vision to build a sustainable economic life for all”, said Gumede.

Ends

Enquiries: Sphe Ngobese | 073 784 7822 | sphelelon@kwadukuza.gov.za

Comments

Post a Comment

Popular posts from this blog

KwaDukuza Mayor welcomes R350 million set for the expansion of Hesto Harnesses plant in Shakaskraal

Image
KwaDukuza Mayor Siduduzo Gumede welcomes the R350 million commitment set for the expansion of manufacturing capacity and warehousing by Shreeprop in Shakaskraal of which Hesto Harnesses is a key tenant.   "We welcome the overwhelming confidence that the private sector continues to place in the local economy and this is evidenced by the investment of an additional R350 million towards the expansion of industrial capacity located in the Woodmead Industrial Park in Shakaskraal", he said.   A total of R620 million has already been contributed to the local economy through the property ownership of Shree Property Holdings. The Woodmead plant is a key manufacturing facility for Hesto Harnesses, currently employing over 800 residents from the local community.   An additional investment has been committed towards the construction of six new industrial and logistical facilities in the industrial park over the next twelve months. This was announced today, 05 May 2026,...
Read more

Media statement: KwaDukuza Mayor outlines implementation of Section 106 report following labour court challenges

Image
In line with a resolution of the KwaDukuza Municipal Council, KwaDukuza Mayor Siduduzo Gumede wishes to inform members of the public on the latest developments emanating from the findings and recommendations of a forensic investigation that was conducted in terms of Section 106 of the Local Government: Municipal Systems Act, which relates to court proceedings instituted by the Municipal Manager, the Executive Director for Corporate Services, and the Executive Director for Civil Engineering who were placed on precautionary suspension by the municipal council on 13 February 2026. "Following the completion of the forensic investigation initiated by the KZN MEC for Corporate Governance and Traditional Affairs, report was brought before the Municipal Council in-committee. The report details a number of findings concerning governance, administrative and financial management practices within the Municipality. These findings included weaknesses in certain internal control systems, procure...
Read more

KwaDukuza Mayor discusses investments and cooperation in bilateral with Gledhow Sugar Company

Image
As KwaDukuza Mayor Siduduzo Gumede is engaging with investors and big business in a bid to strengthen corporation and to build stronger partnerships as part of his Mayoral Investor After-Care Initiative under his Turnaround  Service Delivery  Improvement Plan. His first engagement was convened at the Gledhow Sugar Company where he has opened a dialogue on matters of mutual interests, with a particular focus on economic development of the local municipality and its people. The mayor is using this opportunity to establish an ongoing conversation with the sugar mill company that has received an injection close to R1.8-billion under a new investor, Chatthe Group. This was announced as the mill was re-opened last week, following a successful business rescue process that was initiated in 2023. The intervention has saved jobs in the hundreds. Mayor Gumede addressed the management of the mill that has been in operation in KwaDukuza for over 100 years. “We welcome the expansion of the ...
Read more