Durban business confidence 'ambivalent'

Business confidence in Durban
has been “ambivalent” for
some time, according to Durban
Chamber of Commerce and
Industry CEO Andrew Layman.
“Times are quite hard from a
business point of view. Money is
tight,” Layman said.
He added that government
exercises in frugality had limited
spend including curtailment of
functions and the appointment of
consultants.
Layman said there was also some
hiatus regarding several major
developments in the city.
“Logistics and port-related
matters are very important for
Durban’s growth. There are some
infrastructural bottlenecks such as
the Umgeni interchange but also
some hiatus in respect of the digout
port and the back of port plan,
the Dube Trade Port and the Point
development,” Layman said.