Ongoing

  1. ElectionsHot
  2. US mid-termsHeating up
  3. AICooling
Newsbrief
JoburgJHB29°69%
CTCT21°90%
PretoriaPTA33°75%
DurbanDBN30°20°

Government urges private firms to invest in uMkhanyakude projects

Published

The national government and the uMhlosinga Development Agency (UMDA) want businesses to back 11 regional projects in KwaZulu-Natal. They say the drive targets a potential R 3.2 billion economic windfall for the province's northern region.

The call came ahead of a corporate investment gala dinner in Empangeni on Thursday. Science, Technology and Innovation Deputy Minister Nomalungelo Gina hosts the dinner. The 11 catalytic projects are in uMkhanyakude District Municipality.

Gina said infrastructure capacity, project execution and institutional competence are the most critical indicators of a municipality's ability to attract investors and improve residents' lives. She also said: "All of us must have a clear imagination of what uMkhanyakude can look like in a decade if all identified projects are successfully implemented in each local municipality."

UMDA CEO Thembisile Khumalo said the agency will hold talks with investors after the event. She said: "We will be dealing with particular investors so that we identify their needs." Agriculture and Rural Development MEC Thembeni kaMadlopha-Mthethwa and Mayor Siphile Mdaka are also named among the people involved, along with the Zululand Chamber of Commerce and Industry.

Key facts

Who
Nomalungelo Gina (Science, Technology and Innovation Deputy Minister, hosts the gala dinner); Thembeni kaMadlopha-Mthethwa (Agriculture and Rural Development MEC); Siphile Mdaka (Mayor); Thembisile Khumalo (UMDA CEO)
What
Government and UMDA are urging businesses to invest in 11 regional catalytic projects in uMkhanyakude, KwaZulu-Natal, ahead of an investment gala dinner in Empangeni on Thursday. The drive targets a potential R 3.2 billion economic windfall for the province's northern region.
When
22 October 2026
Where
uMkhanyakude District Municipality, Empangeni, KwaZulu-Natal
Status
Reported

Elections Hot

What you need to know

Voting in the 2026 Local Government Elections is under way at 23,696 stations, and the Electoral Commission of South Africa (IEC) reported a smooth start on 4 November. Stations opened at 7am and close at 9pm, and by 10am preliminary figures showed 3,523,691 voters had cast ballots.

There were problems: unused ballot papers were stolen from Mnyameni Secondary School near Durban, police opened a case, and the IEC relieved the station staff of duty. Some voters in Tshwane said they were turned away for wearing party shirts, but the IEC denied this and said only mayoral candidates' entourages were barred.

ANC chairperson Gwede Mantashe told members not to query the results or discredit the IEC, while the IEC said false online claims show routine procedures as fraud.

  1. BOSA's Solomons flags one-ballot problem at Cape Town voting stations
  2. Mashatile urges new councillors to put voters first
  3. IEC dismisses MK Party worry about dead people on voters' roll

See every update

US mid-terms Heating up

What you need to know

Democrats won back both the US House and Senate in the midterm elections held on 3 November, according to media projections. Exit polls showed voters were angry about high prices and the direction of the country, and rebuked President Donald Trump.

Before the vote, US forces struck targets on Qeshm Island in Iran, while Republicans struggled to defend the war against Iran on the campaign trail. Iranian officials said US voters rejected the war, and Tehran stayed on high alert for possible new US strikes.

Markets reacted, with the dollar hitting a one-month low and the rand firming to around R16.55, as analysts pointed to fears of gridlock in Washington.

  1. Iran welcomes Democratic wins in US midterm elections
  2. Democrats win US Congress in midterm vote, projections show
  3. Ramaphosa wants US trade deal after AGOA suspension

See every update

AI Cooling

What you need to know

Nvidia has told its cloud computing clients to sell at least 51% of their services to non-Chinese companies, according to five people with knowledge of the matter. Anthropic said it has committed to spend close to $900bn on AI infrastructure, and that its computing costs are rising faster than its revenues.

Elsewhere, reports from unnamed sources say OpenAI's latest funding round is falling short of expectations, and a judge let the NAACP pollution case against xAI proceed. In South Africa, the VAST AI investment scheme went offline on 30 October after withdrawals marked approved did not arrive, according to a news investigation.

  1. Accenture faces accusations over AI report with false citations
  2. CrowdStrike to buy two AI security startups
  3. Google lets schools turn off AI tools but limits Search

See every update