The Durban Chamber of Commerce and Industry and the Institute of Directors South Africa, a section 21 company that prepares senior managers and executives for board readiness, recently celebrated the launch of a Memorandum of Understanding (MoU). The Chamber has identified a need and an opportunity to
formalise its strategic alliance with the IoDSA through the signing of the MoU. This collaboration will enable the Chamber to make available to its members a broader
base of training and development courses, programmes, workshops, seminars and related activities. Similarly, the IoDSA, in its efforts to broaden its footprint in
KwaZulu-Natal, recognises that an alliance with the Chamber will assist in achieving this intent. The MoU’s objective will be to:

â- â€‚Provide the Chamber and IoDSA members with access to a broader base of training and development courses, programmes, workshops and seminars

â- â€‚Provide the Chamber and IoDSA members discounted rates for attendance

â- â€‚Conceptualise and offer jointly hosted events and initiatives â€œIoDSA provides an effective voice for directorship as there is no qualification required to be a director”, stated Angelia Oostuizen, CEO IoDSA. “As directors you are the business leaders influencing the fate of the economy and it is up to all directors to lead to ensure
companies play the critical role of economic development.” 

“It is through collaborative movements that the Durban Chamber is able to achieve its objectives and establishing partnerships and relationships that are geared towards achieving the organisation’s vision”, emphasised Dumile Cele, CEO
Durban Chamber of Commerce and Industry. The DCCI/IoDSA offering is a reciprocal arrangement. Members of both organisations will receive discounted membership rates when joining either party. The signing of the MoU took
place at the Durban University of Technology’s Hotel School on Riston Campus. The Durban Chamber also recognises and gives thanks to Nedbank for the
sponsorship contributing towards building this profusely nourishing relationship.