The accomplishments of the Inkosi Albert Luthuli International Convention Centre
(Durban ICC) were highlighted as the Municipal entity released its annual report.
Lindiwe Rakharebe, Chief Executive Officer of the Durban ICC said they celebrate
the centre’s major achievements during the 2022/23 financial year.
“The accomplishments are a testament to the hard work and dedication of our
team, as well as our commitment to driving economic growth and community
development.”
The Durban ICC demonstrated a remarkable recovery after the Covid-19
pandemic in its financial performance during the 2022/23 financial year. The entity
reported a substantial increase in revenue, reflecting a positive trajectory and a
return to pre-pandemic trading conditions. The centre posted a top-line revenue
figure of R180 million, representing a 65 percent improvement from the previous
year’s revenue of R109 million.
Additionally, the Durban ICC proudly announced its achievement of receiving a
clean, unqualified audit opinion for the ninth year from the Auditor General of
South Africa. Commenting on this accomplishment, the entity’s Chief Financial
Officer Melanie Rambally said: “This achievement is testament to our unwavering
commitment to sound financial management, transparency, and accountability,
and underscores our steadfast dedication to upholding the highest standards of
governance and integrity in all our operations.”
This past year, the Durban ICC also achieved a perfect score of 100 percent on its
performance scorecard with its shareholder, eThekwini Municipality. The entity
continued to deliver on its mandate to generate positive economic impact, job
creation and raise brand awareness for the destination by meeting and exceeding
its key performance indicators.
The centre made a significant contribution to the economy, with a contribution of
R5.7 billion to South Africa’s Gross Domestic Product (GDP) during the 2022/23
financial year. Additionally, the centre created and/or sustained over 11 000 jobs,
further boosting the country’s economic recovery and development.
Durban ICC’s Chief Operations Officer John Aritho highlighted the prestigious
accolades they have received at the World Travel Awards and World MICE
Awards, reaffirming its position as a leader in the global meetings and events
industry. The centre was recognised for its excellence as “Africa’s Leading
Meetings and Conference Centre” and “South Africa’s Best Convention Centre.”
Aritho went on to share the centre’s significant contribution to its communities
through its environmental, social, and governance projects.
