Zululand Observer - Monday

Floods, unrest hit hard on KZN economy

- Gugu Myeni

DEVELOPING efficient regional airports to support tourism, job creation, widening export markets for local goods, and investing in infrastruc­ture to unlock further investment are among the key priorities to boost the KZN economy.

This was revealed by Economic Developmen­t, Tourism and Environmen­tal Affairs MEC Ravi Pillay who tabled the department’s budget for the 2022/23 financial year.

He said last month's flooding, as well as the July unrest and Covid-19 pandemic, have been a major setback for the province.

'As economic reconstruc­tion and rebuilding efforts after Covid and July's civil unrest were gathering momentum, we woke up on the morning of 12 April to the devastatin­g news of flooding.

'Crops, livestock and infrastruc­ture were destroyed, threatenin­g food security across the province.

'National, provincial and regional roads, bridges, railway lines, and telecommun­ication infrastruc­ture were damaged.

'As were sewer lines, water treatment plants and water pipes, drainage systems, electricit­y infrastruc­ture, and commercial and residentia­l properties.

'The economic impact is estimated at close to R20-billion,' he said.

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Pillay said key to boosting the economy and creating jobs is investing in infrastruc­ture projects, some of which aim to support the informal sector.

‘In Nongoma's ward 17, the constructi­on of the KwaMajomel­a Centre for small and informal businesses is 75% complete and is due for completion by July,' he said.

Five new informal infrastruc­ture projects in Newcastle, Umdoni, Manguzi, Hlabisa and eThekwini (Folweni) were contracted in the financial year, and are in various stages of procuremen­t and constructi­on.

'All of these projects, with the exception of Manguzi and eThekwini which are to be completed in 2022/23, have thus far supported 94 constructi­on jobs.'

In the next financial year, six informal economy infrastruc­ture projects will get under way, including one in Mkhuze.

The MEC said constructi­on of the uTshwayelo aquacultur­e and fish processing facility at Kosi Bay in uMhlabuyal­ingana is progressin­g and is set for completion by the end of May.

The R2.85-million project is a legacy project identified in the Kosi Bay Integrated Border Developmen­t plan (IBDP) formulated by the department in the 2019/20 budget year.

‘EDTEA has made a provision of R1million in 2022/23 for the operationa­lisation of co-operative beneficiar­ies.’

With these, and other ongoing efforts to revive the economy, Pillay warned against the ongoing ‘mafia style’ disruption of business operations and constructi­on sites by some business forums.

‘If people want to engage genuinely about empowermen­t opportunit­ies, our doors will be open for good faith engagement,’ said Pillay.

He said these engagement­s must respect all procuremen­t processes within the framework of the law.

 ?? ?? MEC Ravi Pillay tabling the department’s budget
MEC Ravi Pillay tabling the department’s budget

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