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Ethekwini economic council set to rebuild city's economy
EThekwini Mayor Councillor Mxolisi Kaunda has clearly articulated his expectations and implored the newly launched eThekwini Economic Council (EEC) to work swiftly at a sector level to develop broad based action plans.

The EEC was launched at the Inkosi Albert Luthuli International Convention Centre on 9 September and was a significant milestone in the City’s journey towards a broad social compact that will confront the challenges that impact the growth of the City’s economy.

The EEC will serve as a platform seeking to unleash the economic potential of the City and to find solutions to socio-economic challenges. “We also view this as a space for us to collectively respond to challenges of unemployment, poverty and inequality which are permanent in the South African socio-economic landscape,” said Mayor Kaunda.

The council is purposed to provide expert and cross-sectoral advice to the City leadership on economic development, investment promotion and ensuring that there is an enabling environment for business within the City.

One of the first tasks of the council will be to give guidance in the implementation of the post Covid-19 Pandemic Economic Recovery Strategy and the Radical Socio-Economic Transformation Programme.
Mayor Kaunda emphasised that both the monitoring the implementation of interventions as being essential to boost the economy, reduce job losses and ultimately lead to an increase in investment as well as revenue generation.

In March, a call for nominations to serve on the EEC was advertised in provincial mainstream media. Through this public process, a number of nominations were received. The Municipality further embarked on a process of engaging with key role players in the City, business units and clusters to identify other critical key players to augment the council structure.

Mayor Kaunda applauded the members of the council for accepting their respective nominations and said that it had shown that they are patriots and have demonstrated their commitment to their City and the country.

The EEC will comprise of the core council structure chaired by Mayor Kaunda and sector workstreams. The core council comprises of a maximum of two candidates representing each sector. This council structure will convene quarterly.

The workstreams for each sector will comprise of a maximum of five nominated members and relevant departmental officials and cluster members. All nominated candidates will serve in the workstreams for the various sectors, as per their skill and expertise.

The Council members’ composition is diverse in both gender and race group, ensuring the forum is ideally representative of all who live in South Africa and its business community.

Mayor Kaunda commended the key partnerships that have been developed through initiatives such as Team Durban and Shape Durban and is certain that the EEC will build on all the work done thus far in order to deliver on the City’s  promise for a better life for all. “We are confident that together, we will rebuild an economy that places people at the centre of our recovery strategies,” he added.
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