Page 5 - KZN Business Sense 4.4

team durbaN iNducted

Thekwini Mayor Zandile registered large tertiary
Gumede introduced and institution where the academic/
Einducted the new members executive has a minimum of
of Team Durban Durban at a 10 years’ service at senior levels).
breakfast function on Wednesday
5 September 2018. Team Durban The functions of Team Durban
will provide strategic FDI (Foreign are to:
Direct Investment) advice to the ■ Advise the Mayor, Council and
City leadership and the new Invest City Leadership on investment
Durban Unit on business and promotion related development
investment promotion matters. policies, strategies and optimal
practices for the city.
Mayor Gumede said, “I thank ■ Act as a sounding board for the
you for accepting your city mayor, council and city
councillor approved nomination leadership on business, plus
to help us accelerate investment economic and/or private sector
growth whilst looking to improve linked infrastructure
our business environment.” Team Durban (Photo credit Denver Govender) development matters.
The Deputy City Manager of ■ Musa Makhunga, Founder and Premier Soccer League 2. A senior executive at a JSE listed ■ Advise, and where feasible
Economic Development and Managing Director of HR ■ Thulisa Ndlela from Ayigobi company with significant support the mayor, city
Planning Phillip Sithole will provide Matters and President of the Investments who is a Young Durban-based business. leadership and Invest Durban
liaison and administrative support Durban Chamber of Commerce Entrepreneur and Chair of 3. A senior executive at an existing when attracting foreign direct
to Team Durban. Sithole will also and Industry Ayigobi Investments. large multinational business investments to the City
provide progress reports to Council ■ Sandile Zungu, Corporate with significant Durban-based ■ Accompany the mayor, city
on the functioning and outputs Director Zungu Investments The non-executive members operations. leadership and/or Invest Durban
of Team Durban. Members of the Company Limited (ZICO) have been appointed to serve 4. A private business owner with managers as part of selected
Team Durban Advisory Forum ■ Steven Saad, Founder and Chief on Team Durban for a period of a minimum of 15 years delegations to promote and
from the Municipality comprise Executive of Aspen Pharmacare three years effective from 1 July running their own business(es), attract foreign direct investment
eThekwini Mayor Zandile Gumede ■ Mlungisi Ntombela, General 2018 to 30 June 2021. and have a demonstrated into Durban.
who will serve as the Chairperson Manager eThekwini Disability Their service would be on track record of industry body ■ Advise the mayor, council and
of the Forum, Chairperson of Sport Forum a voluntary basis but that the membership or leadership. city leadership via Invest
the Economic Development and ■ Faisal Mkhize, KZN Provincial Municipality would cover their 5. A senior member/executive Durban regarding
Planning Committee Sipho Kaunda, Managing Executive of Absa travel and accommodation expenses who is formally nominated improvements to the cost/
and City Manager Sipho Nzuza. ■ Zanamuhla Khanyile, Section where required and in accordance by a recognised, registered ease of doing business plus new
The external members are Head Department of with the Municipality’s travel policy. labour federation body (where investments in the city.
the member/executive has a
representatives of big business in Correctional Services The Team Durban Members were minimum of 10 years’ service At the function, Russell Curtis
the City as well as representatives ■ Samukelisiwe Nzimande, at senior levels). of the Invest Durban Unit said,
from civil society including youth Managing Director K2M selected to meet one or more of the 6. A senior member/executive “Team Durban marks the further
and academia. They are: Financial Services following criteria: who is formally nominated sophistication of the City.”
■ Suben Moodley, Senior Vice ■ Howard Arrand, Provincial 1. A significant business investor by a recognised, registered civil He explained that the goal of
President for Corporate Affairs Head FNB (entrepreneur or corporate society body (where the Team Durban was to improve
Toyota South Africa ■ Manto Madlala, former executive) who has personally member/ executive has a partnerships and strengthen
■ Mike Deighton, Managing Chairperson of the Inkosi worked on multiple fixed minimum of 10 years’ service relationships between different
Director Tongaat Hulett Albert Luthuli International capital investment projects for at senior levels). sectors in society. This forum he
Developments Convention Centre, the a minimum of 15 years at a 7. A senior academic/university said was a significant step change
■ Themba Ngcobo, Founder and Golden Arrows Football Club senior executive or business executive who is formally for Durban and in line with global
Director Exel Petroleum Chairperson, and acting CEO owner level. nominated by a recognised, best practice. 

dePutY GoverNor mmiNele visits

ululand Chamber of economic relations and policy, He also serves as the G-20
Commerce and Industry legal services as well as the human Central Bank deputy for South
Zmembers hosted the deputy and operations cluster at the Africa, as well as the chairman
governor of the South Africa SARB. He is a member of the for the IMFC Deputies. His
Reserve Bank, Daniel Mminele on governor’s executive committee, experience before joining the
1 August 2018 in Richards Bay. the monetary policy committee, SARB includes credit-risk analysis,
financial stability committee and
Daniel Mminele has been the risk management committee of corporate banking, and project
deputy governor of the South the SARB. He is chairperson of the and structured finance at private
African Reserve Bank (SARB) Reserves Management Committee banking institutions in Germany,
L-R: Thami Sithole, Port Manager for Richards Bay; Deputy Governor of South since July 2009. He oversees as well as chair of the Board of the the United Kingdom (UK) and
African Reserve Bank, Daniel Mminele; Calvin Mkhabela, Vice President of financial markets, international Corporation of Public Deposits. South Africa. 
Operations at South32 Hillside Smelter

L-R: Alan Waller, CEO of Richards Bay Coal Terminals; Deputy Governor of L-R: Li-Ann Meyer, Executive Manager of Stakeholder Relations at South African Reserve Bank; Nelisiwe Mkhize,
South African Reserve Bank, Daniel Mminele, Dinesh Singh, Vice President of Head of Public Sector at KZN Standard Bank, Deputy Governor of South African Reserve Bank, Daniel Mminele;
Acid Division at Foskor and Clinton van Vught, Managing Director of Mondi Mayor of the City of uMhlathuze, Cllr Mduduzi Mhlongo; Minky Cele, Senior Manager of Wealth and Investments at
Richards Bay Mill. KZN Standard Bank

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