Durban emerges as Africa's main investment destination

THE City of Durban has been given the thumbs-up as the premier destination for investment in Africa.

- SIPHO JACK

DURBAN Investment Promotion Authority, AKA Invest Durban, CEO Russell Curtis during the panel discussions.

(Supplied)

During the Resurgence Conference focused on investment, key speakers highlighted Durban's stability and resilience as major factors that make it an attractive option for both domestic and international investors.

The conference was held at Durban's International Convention Centre.

"When it comes to investment, we must be pragmatic," said Russell Curtis, chief executive of Durban's investment promotion authority, who emphasised that every investment carried a inherent risk.

"You have to just grab hold of that risk.

"If you're looking for returns on your investment, we believe Durban is a very stable city in terms of administration," he said.