Et h e kw i ni • FAST FAC TS
Facts worth celebrating Wonderful Durban!
R7.9 billion
5 000 jobs
Rapid transit
The recently completed Pearls catalytic project in uMhlanga, which saw an investment of some R3.5 billion, created 5 000 jobs during its construction phase, and made available over 1 000 employment opportunities post construction
The land-use strategy of the IRPTN C3 Corridor has been completed and adopted by Council. The corridor stretching from Bridge City to Pinetown will be characterised by the densification of mixed-use developments.
In 2014, Durban was declared one of the Seven Wonder Cities of the World.
The Municipality’s capital expenditure budget for 2019/20 is R7.9 billion, which is expected to increase to R8.0 billion for FY 2020/21.
WINNER
Durban was placed at the top of British Airways’ 19 Must-see Destinations for 2019.
AA+
In November 2018, Global Credit Ratings affirmed eThekwini Municipality’s long-term national scale rating as AA+ and its short-term rating as A1+. It also classified the outlook for the Municipality as Stable.
R50.8 billion
R17.1 billion
has been allocated to meeting infrastructure and household services needs over the medium term.
The total consolidated budget of the 2019/20 Medium Term Revenue and Expenditure Framework.
25
The Municipality has identified 25 catalytic projects that are in various stages of implementation.
#1
At the 2018 KZN Municipal Excellence Awards, eThekwini Municipality was awarded the prize for Best Implemented Integrated Development Plan.
4 years
in a row
Mercer Consulting named Durban Africa’s top city in terms of quality of life in 2014 and 2015. It has been awarded as South Africa’s most liveable city for four years running.
Unqualified audits
Highlighting the importance of doing things right, eThekwini Municipality continued its long trend of achieving unqualified audits, which most recently extended to the 2017/18 financial year.
Cool place to be
CNN Traveler dubbed Durban the ‘Coolest City in SA’ and named it among the world’s 10 most underrated cities.
ethekwini 2019
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