Ricochet News

Nelson Mandela Bay could retain annual IRB Sevens tournament

OCTOBER 16, 2014
Nelson Mandela Bay could retain annual IRB Sevens tournament

As a result of the successful hosting of the event over the past three years, the South African Rugby Union (SARU) has “indicated that they will give consideration to extending the contract without opening a bidding process, if MBM is interested in retaining the event in the city”.

A report to the Sport, Recreation, Arts and Cultural Services Committee calls for regular progress reports with regard to the extension of the contract for the next four years.

The report shows that in 2012 some 36 000 people attended the event. A figure that had increased by 63% to 58 500 by last year.

The total economic impact in 2012 was put at R154.5 million, which in-creased by 41% to R217.8 million the following year, the report saying that it is expected that the total economic impact this year will be “in excess of R200 million”.

The number of visitors from outside the metro increased from 24 500 to 34 000 between 2012 and 2013, while foreign and domestic tourist spend rose from a combined R59 million to R83 million.

The report says the independent economic impact assessment shows that the IRB 7s “continues to provide growing and significant economic benefits to the local economy in respect of jobs sustained, gross geographic product and taxation”.

Regarding the costs associated with hosting the event, the report says there is a 6% increase in the total costs compared to last year taking total event expense to R20.2 million. - metrominutes


IMAGE sourced from www.irbsevens.com