ETHEKWINI NEWS FLASH

10 February 2016

For immediate release

EThekwini Extends Moratorium on Trading Sites

EThekwini Municipality has recommended a three year extension of a moratorium on the demarcation of new trading sites and issuing of new permits in the existing management zones in the entire Municipality.

Deputy Mayor Cllr Nomvuzo Shabalala said the 12 months period that was allocated last years to the process is not enough. The unit requested for an extension to allow more proper planning and zoning of special trading areas which will open up more space within the City and avoid congestion.

“The process will provide the City with enough time to find ways of how to action findings of an informal trading survey that was recently done. This process will enable the Municipality to roll out the proposed layouts and trading stalls design,” added Shabalala.

She said the primary aim of the moratorium is to improve management and development of this sector in order to attract investment. This will address issues pertaining to illegal trading and congestions.

Informal economy plays a significant role in employment provision. The moratorium will offer unique trading opportunities for traders. This will ensure that traders are able to address their economic needs and achieve growth in the sector. 

“Judging from the high unemployment rate with more people entering the trading sector as a job option, the Municipality proposed that the upgrade and construction of public transport ranks incorporate trading facilities. This will allow space to open up and we will be able to locate vacant properties in the Central Business District,” added Shabalala.

ENDS

Issued by eThekwini Municipality’s Communications Head, Tozi Mthethwa.

For more information members of the media can contact Gugu Sisilana on 031 311 4855 or email: gugu.mbonambi@durban.gov.za​ or Princess Nkabane on 031 311 4818 or princess.nkabane@durban.gov.za 



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