BuaNews Online homepage: "Durban - KwaZulu-Natal, which is strategically positioned to attract foreign investment, has not yet risen to its full potential.
The province's location and infrastructure puts itself in a prominent position to build trading relations for African countries, said Premier Zweli Mkhize at the International Entrepreneurship and Investment Conference.
According to MEC for Economic Development and Tourism Mike Mabuyakhulu KZN 'put its money where its mouth was' as far as investing in infrastructure goes.
However, KZN like the rest of the African continent faced issues with attracting investment.
Zamo Gwala, CEO of Trade and Investment KZN (TIKZN), said a recent study (KZN Investment Climate Survey) showed that unfair business practices and corruption, access to finances and shortage of skilled labour continue to hinder investment and entrepreneurship in the province."
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