HORSE RACING
Durban tills begin ringing as July rides into town
Around R260m, that’s how much next weekend’s Durban July will benefit the regional economy, a study by Durban Tourism predicts. With hotels, fashion retailers, restaurants and bars in the greater Durban area expecting record turnovers, the study predicts the direct expenditure of participants and spectators will be R133.3m. The total direct economic boost to eThekwini’s GDP is expected to be R259.8m. "The Vodacom Durban July promotes Durban and KwaZulu-Natal as a premier event destination not only in SA, but globally as well," said Phillip Sithole, acting deputy city manager, and head of Durban Tourism. "This hallmark event increases our domestic arrivals, economic spend as well as the tourism contribution to the GDP and creates and sustains jobs for Durban citizens." Punters wager more than R100m at totes on course and at off-course totes around SA. The real avid punter — yet to decide which horse to back for SA’s most famous race — will have been at the Greyville track last Thursd...
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