a) MF’s policy is to “think global but act local”.
b) If Durban needs to succeed it requires adequate, efficient and clean domestic governance.
c) To improve confidence in investors at a financial level good governance will have to make difficult choices e.g. allow our domestic rates to weaken when necessary, letting interest rates reflect the true cost of capital efficiently or to be absorbed by more efficient local or foreign competitors.
d) The MF endorses the initiative of Business Against Crime (BAC).
e) Investing in tourism and marketing Durban innovatively is a major part of the solution.
f) Improving public transport, parking facilities and building designs to accommodate disabled or older people is a must.
g) The private security industry needs to be regulated so that they are empowered to protect their client.
h) We must stamp out illegal immigrant employment.
i) The MF endorses the Executive Mayoral System which will bring the people closer to their representative.
j) Our MP and MPL’s promise to work closely with councillors to enhance service delivery, therefore we welcome the performance appraisal system of councillors.
k) Accelerate economic infrastructure delivery through the initiatives.
l) The MF and MPL’s will closely monitor the local government budgetary process ensuring sound financial principles are applied as an incentive to investors.
m) We must root out all forms of political instability within the CBD.
n) We must invest in human capital, i.e. education training and health.
o) The MF will identify local economic opportunities and promote SMME development.
p) We need to define the role of the private sector as investors in local economic development.
q) We need delivery of value added service e.g. Post Offices, créches, waste removal, tertiary educational institutions, electricity etc.
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