'Partnership of public, private sector key to economic growth'
eThekwini Municipality Mayor James Nxumalo says the public-private partnership is vital for economic growth in the city.
Nxumalo earlier today unveiled the city's R41.6-billion budget for the 2016/2017 financial year at the Durban International Convention Centre.
A significant portion of the budget has been allocated to promoting economic growth and reducing unemployment.
Nxumalo says while they cannot control the economy, it's the city's responsibility to create a stable environment that will attract investors.
"With this budget, we want to see a meaningful development that contributes to job creation. We want a world class city that will attract tourists and be a more pleasant place to live in. We want a strong and sustainable economy that will unlock opportunities for our young people to be at work," he said.
Nxumalo says they cannot let issues including the disruption of services have a negative impact on performance.
"There are social problems in our communities were people just go out and organise protests, demanding services and so on but we're trying our best to stabilise this and make sure that those issues are also attended to, to ensure that we are a stable municipality," he said.
(File photo)