e z a s e g a g a s i n i

February - 9 March 2017 Your FREE Newspaper


News: Page 3


News: Page 8

Multi-billion economic emancipation plan

NONDUDUZO NGCONGO AND VUKILE MBATA IT WAS a historic day for local business people on 22 February, when Mayor Zandile Gumede announced opportunities for public and private investments worth billions aimed at developing black owned small enterprises. This was unveiled at the launch of the Radical Economic Transformation Framework (RETF) at the Inkosi Albert Luthuli International Convention Centre. The announcement was welcomed by local entrepreneurs, as it gave renewed hope to about 800 business people who came out in their numbers to hear the news first-hand. Business stakeholders, including the Durban Chamber of Commerce and Industry and the KwaZulu- Natal Growth Coalition applauded the Mayor for spearheading such a progressive programme. During the launch, Councillor Gumede said: ?Two decades later in our democracy, the majority of black people are still economically disempowered. The plan I am unveiling today aims to change that as I promised to do so when I was sworn in as Mayor.? She said the money invested will accelerate a number of projects in the City which will in turn benefit local businesses and communities. One of the RETF?s core objective is to ensure that every project with a contract value above R30 million, sets aside 30 percent of the project for community participation groups. Projects that are between R5m and R30m must stipulate that 30 percent of the project value will be allocated to subcontractors. Councillor Gumede outlined some of the programmes that were part of these multibillion rands investments, which include the R624m infrastructure investment upgrade at the Durban Point Waterfront. She added that other parts of the Central Business District (CBD) have benefitted largely from these large scale investment such as the Centrum site (attached to The Workshop Shopping Centre), the Warwick Precinct Berea Station Mall and the King Edward Hospital redevelopment node. ?Outside the CBD, the City has committed Category A pipeline of other catalytic projects totalling over R100 billion by many investors,? she said. Councillor Gumede said another key project which will drastically benefit small farmers is the Radical Agrarian Socio-Economic Transformation (RASET) where over R600m has already been set aside to kick-start this agricultural programme. RASET is aimed at stimulating previously disadvantaged individuals in the food production value chain. Councillor Gumede said to bring more business in the City, Durban will be hosting World Bank experts in March to assist with the development of a global best practice Investment Promotion Strategy. Cllr Zandile Gumede Mayor of eThekwini VUYO NDLOVU The heavy downpour did not dampen the mood as thousands of eThekwini residents joined President Jacob Zuma, Mayor Zandile Gumede and other dignitaries during the commemoration of the sinking of the SS Mendi and celebration of Armed Forces Day held at Moses Mabhida Stadium and Blue Lagoon respectively. Speaking at the event on 21 February, President Zuma said that the occasion was particularly significant because the country was marking a centenary since the SS Mendi, carrying South African soldiers, was struck by a bigger ship causing it to sink in the English Channel. Approximately 600 soldiers died in the incident. ?We chose the date of the sinking of the SS Mendi, so that the day on which so many people paid the supreme price for peace, should be used to honour our men and women who are prepared to lay down their lives if need be, to protect the sovereignty and territorial integrity of the Republic, and its people,? said President Zuma. KwaMashu resident, Noxolo Mlambo, said she was very excited and honoured to have the South African Defence Force host the commemorative event in Durban because it gave ordinary citizens an opportunity to learn more about the Armed Forces and the role they play in society. ?I learnt that there are many career opportunities in the Armed Forces which young people can choose from,? she said. These include the Navy, Air Force, Army and Military Health Services. The Armed Forces have been in Durban for a week-long celebrations. This consisted of fan park President Jacob Zuma, during the wreath laying ceremony to commemorate the sinking of the SS Mendi where approximately 600 soldiers died. The ceremony was in the memory of the selflessness and bravery of the 600 men of the Mendi. Picture: SUPPLIED

Armed Forces Day a success

activities where various career exhibitions and talks were offered to the youth, the SA Navy open day where members of the public had the opportunity to view various state-ofthe art equipment used at sea. A music concert, might shooting display and capability demonstration also formed part of the celebrations. At all the events, members of the public were treated to high quality performances aimed at demonstrating the defence forces? capabilities and readiness to serve and protect citizens.


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