KZN’s own investor network

2010-05-25 00:00

KWAZULU-NATAL now boasts its very own investor network — an initiative aimed at sparking “solid” investment projects in the province.

Officially launched in Durban recently, the KZN Investor Network’s partners include heavyweights such as Trade and Investment KZN (TIKZN), the Durban Chamber of Commerce and Industry, Durban Investment Promotion Agency (Dipa), Tourism KZN and the department of Trade and Industry (DTI).

The network was established by the Stedone Group, a civil engineering, building and development group based in Hillcrest.

The group is also involved in turnkey project facilitation.

KZN Investor Network’s business development manager, Marc Maurel, told The Witness that the initiative represents an aggregation of a host of investment opportunities in KZN.

“News of the opportunities comes from various government departments, TIKZN, Dipa and parastatals. It is the brainchild of a director at Stedone, James Arnott.

“Our reasoning is that if you look after our province, our province will look after you. It’s really about attracting investment to KZN.”

Maurel hopes to be able to tour 21 countries over the next 24 months to promote the province, although this will depend on funding.

He said the network will communicate with stakeholders via its website (, a monthly e-newsletter, as well as a bi-annual magazine.

The website will list the latest projects within the network.

Networking functions will be held on an ongoing basis.

Maurel said the network has been registered as a Section 21 company.

“This will ensure transparency.”

He added that their partners have been instrumental in launching the initiative.

“Our partners have been paramount in getting this off the ground. They made themselves available to guide us in the right direction.”

Maurel stressed that the stakeholders believe the province is the “number one investment destination in South Africa”.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.