Stay updated with breaking news from Nic Steyn. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Iconic beachfront hotel sites fall back to what is now the eThekwini metro at the end of 2025 – but if the city ‘botches the process’ and ‘unqualified people’ fail to fulfill promises they make in their bids, ‘the beachfront will die’.
The owner of the iconic Durban Funworld, who has put his rides and other assets up for public auction, does not have the heart to monitor the bidding.
Durban Funworld owner Nic Steyn believes the city can still save the amusement park by buying its assets and putting it out to tender together with the property on which Funworld stands (which the city already owns).
Last week, contractor Nic Steyn announced that his family would no longer be operating the beachside entertainment venue after 75 years in charge.
The Durban Chamber of Commerce and Industry (DCCI) referred to the closure of Durban’s Funworld as 'depressing'.