The Umhlosinga Development Agency is a municipal entity, and registered private company, dedicated to the planning and implementation of a program of sustainable economic growth and development in the district of uMkhanyakude, KwaZulu Natal, South Africa .
Key areas of development are:
Milestones for 2011/2012 financial year
We are proud to report that the entity has moved closer this year in achieving its Mandate and in so doing become more relevant to its shareholder and community. The complete adoption with conditions by the New Shareholder representative and mother body uMkhanyakude District is a very welcome action.
The entity has received its final financial support from the Industrial Development Corporation during the Financial Year and as such will now be completely funded by the Shareholder from the 2012/2013 financial year. This will be welcome as it would put greater emphasis on the UMDA to be relevant to its shareholders ideals and needs.
The Financial Year of 2011/2012 was a year of transition and relationship building as well as direction and vision for the people of uMkhanyakude. And as we are winding down on the first tranche of Projects the UMDA will be taking on new more focused position based on the Shareholder and national Strategy for Economic Development.
The UMDA is the Investment and Business Management Wing of the District Municipality of uMkhanyakude, it is not the Economic Development department of the District and as such do not deal with day-to-day projects. The new financial year will see us communicating with the public on a monthly basis via radio programs to inform of our performance Initiatives and programme available from National and Provincial Departments and institutions.
This community Participation and Communication Strategy will insure clear understanding of the Mandate and Purpose of the Entity in the UMkhanyakude Society and Business Environment. The UMDA has been instrumental and facilitated the Process of Registering the UMkhanyakude Chamber of Commerce and Industry and as such will allow the Chamber to utilise the same platform to promote membership and Communication to Community.
The following Programmes have been concluded and are in the process of conclusion as per our first five year term. The fact that some of our “projects” have not been completed is frustrating to the Board and Management but is due to matters out of the control of the Entity and should be viewed as challenges to overcome and pursue in the new Financial Year.