Today's Labour News

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employment thumb100 Business Report writes that Vivian Reddy, the developer of the R4.3 billion Oceans Development in Umhlanga, has invested R500m in the new KwaDukuza Mall, which is set to open on 27 September 2018.  

The 29,000sqm mall with 900 parking bays and 80 stores is the first phase of a planned R1.5 billion precinct that will include a value centre, hotel, private hospital, and an office park.  The Mall created 1,100 jobs during construction with 260 permanent jobs.  Reddy said that the Mall development was a role model in BEE with a 90% BEE participation.  Local suppliers and sub-construction businesses benefited over R80m.  It was the first major investment in over 30 years in KwaDukuza.  Two years ago Reddy initiated a new R10m Skills Development Training centre in the town with over 450 students graduating in the first year.  Many of the people trained in construction skills at the centre were used in the mall development.


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