Ethekwini Projects Durban July To Boost Economy R690M

0
Ethekwini Projects Durban July To Boost Economy R690M
Ethekwini Projects Durban July To Boost Economy R690M

Africa-Press – South-Africa. The eThekwini Metro Municipality in KwaZulu-Natal says this year’s Durban July will inject R690 million into the city’s economy.

The annual betting event will take place on 5 July 2025 at the Greyville Racecourse in Durban.

The event is expected to provide thousands of jobs during the weekend.

The Ethekwini Metro Municipality says it’s ready to host this year’s Durban July and expects about 45,000 people to visit the city during the weekend of the event.

City spokesperson Gugu Sisilana says a major boost is expected for the economy.

“Projections show that about R278.6 million boost in direct spend and R689.4 million GDP [Gross Domestic Product] contribution.”

Over 4,400 job opportunities are expected to be created during the period.

The transpiration, fashion, restaurants and fast-food businesses are also expected to benefit from the event.

The metro says this will go a long way towards the city’s economy, especially during this winter season.

For More News And Analysis About South-Africa Follow Africa-Press

LEAVE A REPLY

Please enter your comment!
Please enter your name here