KZN secures R100 billion in investments, creating 60,000 direct jobs

By Thapelo Molefe

KwaZulu-Natal Premier Thamsanqa Ntuli has applauded investors for pledging more than R100 billion in new projects across the province, calling the commitments a “defining moment” in KZN’s journey toward inclusive and globally competitive growth.

Speaking at the closing of the 2025 KwaZulu-Natal Investment Conference at the ICC Durban on Thursday, Ntuli said the pledges of R100.1 billion represent a vote of confidence in the province’s future.

The projects are expected to create over 60,000 direct jobs and 240,000 indirect employment opportunities.

“These investment commitments are not merely financial transactions, they are declarations of confidence in KwaZulu-Natal’s future,” Ntuli said.

“They reflect a shared belief that sustainable growth requires an active and deliberate partnership between the public and private sectors.”

From eThekwini and Msunduzi to iLembe, uMgungundlovu, King Cetshwayo, uMkhanyakude, uThukela, Amajuba and Ugu, Ntuli said the projects’ wide geographic spread reflected government’s deliberate strategy to drive inclusive