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Durban Investment Promotion Agency logo
Durban Investment Promotion Agency website
www.dipa.co.za
Durban Investment Promotion Agency
Russell Curtis
CEO Russell Curtis
General Manager: Business Development Ndumiso Mlambo
Project Manager: India Atul Padalkar
Marketing Officer Farah Ally
Physical Address 26th Floor, Old Mutual Centre, 303 West Street, Durban 4001
Postal Address PO Box 1203, Durban 4000
Tel (+27 31) 336 2540
Fax (+27 31) 336 2511
Email info@dipa.co.za
Website www.dipa.co.za
 
 
Durban’s Super 7 are the seven key reasons Durban is attractive to business and leisure visitors. The acronym, ‘ALL HITS’ has been coined for easy recall. Award winning Municipality. Durban Investment Promotion Agency (DIPA) has the best run and financially strongest local government on the continent. Awards are bestowed through the likes of the Vuna Awards – recognising Durban as being the best-run city in South Africa, with 18 500 employees. International credit rating agencies have given Durban an investment grade credit ratings of AA+ off a budget of over R17-billionn (US$2.5-billionn) per annum. Lifestyle of business and pleasure together. This is a place to live, work and play.

Largest human resources base. At the heart of SA’s most populace Province of KwaZulu-Natal, it has large pools of skilled, semi-skilled and unskilled labour, plus some of the best and fastest skills development taking place among its 3.2 metre cosmopolitan population. Highest growth rates. The economic growth rates are higher than the country’s average, and that of the other major centres, in the region of 6 percent. Infrastructure leader. Durban has the continent’s leading infrastructure base. Tourism Crown. It is the largest domestic tourism destination in South Africa by a healthy margin, plus concrete projects in place to become one of the largest international tourism destinations. Substantial, successful, sustainable business base already in place across the primary, secondary and tertiary sectors.
 
(1). Founded in 2001 (2). Durban is targeting for a growth rate in the region of 7.5 percent to 9 percent (3). Has the best electricity distribution on the continent (4). Rated by the global trade as Africa’s Best Convention Centre for the last 6 years running (5). Over 65 percent of the Provinces GGP is produced in Durban
 
 

STATISTICS/ DEMOGRAPHICS/ HISTORY
Year founded: 2001
Employees: 10-14
Branches: One – Durban
Memberships: Durban Chamber of Commerce and Industry, World Association of Investment Promotion Agencies (WAIPA), Women’s Property Network (WPN), Prospection Business Forum

EMPOWERMENT STATUS
Black Empowerment Level:
total staff: 80%
Gender Empowerment Level:
total staff: 60%


BUSINESS & FINANCE
Financial year-end: 30 June
Holding company: eThekwini Municipality
Bank: First National Bank
Accountants: eThekwini Municipality