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KwaZulu-Natal Business 2016-17 edition

The 2016-17 edition of KwaZulu-Natal Business is the eighth issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide to the KwaZulu-Natal province in South Africa. The province is unique in terms of its abundant natural and human resources, and is also one of the key drivers behind the South African economy. To complement the extensive local, national and international distribution of the print edition of the magazine (15 000 copies), the full content can also be viewed online at www.kwazulunatalbusiness.co.za. Updated information on KwaZulu-Natal is also available through our monthly e-newsletter, which you can subscribe to online at www.globalafricanetwork.com, in addition to our other business-to-business titles that cover all nine provinces, complemented by our flagship publication, South African Business.

The 2016-17 edition of KwaZulu-Natal Business is the eighth issue of this highly successful publication that, since its launch in 2008, has established itself as the premier business and investment guide to the KwaZulu-Natal province in South Africa.

The province is unique in terms of its abundant natural and human resources, and is also one of the key drivers behind the South African economy.

To complement the extensive local, national and international distribution of the print edition of the magazine (15 000 copies), the full content can also be viewed online at www.kwazulunatalbusiness.co.za.

Updated information on KwaZulu-Natal is also available through our monthly e-newsletter, which you can subscribe to online at www.globalafricanetwork.com, in addition to our other business-to-business titles that cover all nine provinces, complemented by our flagship publication, South African Business.

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SPECIAL FEATURE<br />

programme to achieve prosperity and equity.<br />

• Bringing about faster economic growth, and<br />

higher investment.<br />

• Focusing on key capabilities of people and the<br />

state.<br />

Two of the measurements that will be used to<br />

judge a successful games are tourist numbers and<br />

new inward investment. Interestingly, on the website<br />

of the Glasgow 2014 Commonwealth Games, the<br />

first item under 'Legacy' is 'International business<br />

profile.' Glasgow set out to use the international<br />

sporting event to 'showcase Scotland's good and<br />

services and to build strong relationships with international<br />

markets.' Like Scotland, Durban will be<br />

looking to improve its 'reputation as an excellent<br />

place to do business.'<br />

Benefits<br />

Writing for GlobalBrief.org, Sarah Juggins says it is<br />

'nigh on impossible to quantify the impact of major<br />

sporting events on a country's economy, and<br />

the economic rationale is often questionable.' She<br />

goes on, however, to give details of a very successful<br />

project carried out by the city of Manchester, host<br />

of the Games in 2002. The aim was that disadvantaged<br />

communities would benefit from the hosting,<br />

and they did, as 6 300 jobs were created; local construction<br />

and tourism companies had big increases<br />

in turnover; visitor numbers to the area grew by<br />

300 000 annually in the years after the Games, and<br />

these visitors spent about £18-million.<br />

This is certainly the kind of broad base of new<br />

opportunity which the South African bid team will<br />

want to emulate. Juggins points to other successful<br />

legacies in former host cities: thousands of metres of<br />

fibre optic cable laid by Manchester; huge improvements<br />

to Melbourne's sports facilities; Delhi's better<br />

roads and airport, as well as its newly established<br />

business hubs.<br />

Tourism in South Africa was greatly boosted by<br />

the 2010 Soccer World Cup. The BBC reported after<br />

the Glasgow Games of 2014 that 690 000 people<br />

travelled to the city and hotels had an occupancy<br />

level of 95% for the duration of the Games. One<br />

research team calculated the tourism impact at<br />

£282-million.<br />

Durban's bid team are hoping that visitor spend<br />

(as it affects GDP) will amount to R6.1-billion when<br />

the Games come to South Africa. An estimated extra<br />

R20-billion would be delivered to the national<br />

economic output, translating into an additional<br />

R11-billion in GDP growth.<br />

There will be 1 000 full-time staff and about<br />

10 000 volunteers, all of whom would gain valuable<br />

work experience and exposure. Reduced crime resulting<br />

from heightened security during the Games<br />

will have positive spin-offs for the local population<br />

and help to improve the region's 'investability.'<br />

One of the unique features of Durban's plan<br />

is the concept of a 'Compact Games.' Durban is<br />

already blessed with a sporting precinct on the<br />

coastal plain between the sea and the Berea which<br />

contains important sporting venues: Greyville<br />

horse-racing track; Moses Mabhida Stadium; Sahara<br />

Stadium Kingsmead (cricket); Royal Durban Golf<br />

Club; Growthpoint Kings Park rugby stadium and<br />

Durban Country Club. The Umgeni River marks the<br />

northern edge of this sporting zone, and it is also<br />

where the climax is reached of the famous FNB<br />

Dusi Canoe Marathon.<br />

The Durban Commonwealth Games will have<br />

80% of its activities in a 2.5km radius and this will<br />

help to position the former World Cup soccer stadium<br />

venue, Moses Mabhida, as a mega multi-sport<br />

events precinct and Durban as a highly desirable<br />

venue for future global events.<br />

Some sports must be offered at every Games<br />

(the so-called 'core' sports), but hosts have a certain<br />

amount of leeway to offer other sports. Rugby<br />

Sevens is a 'core' sport and South Africa are often<br />

in the medals in that discipline; hockey is too, but<br />

Australia looms large in that sport, as they do in so<br />

many others. Cricket has only been offered once<br />

before, at the Kuala Lumpur Games in Malaysia<br />

in 1998. That was the first time ever that South<br />

Africa's cricketers got to wear gold medals – and the<br />

team they beat in the final was Australia! Perhaps<br />

the Durban committee can be persuaded to offer<br />

cricket again.<br />

51 KWAZULU-NATAL BUSINESS <strong>2016</strong>/<strong>17</strong>

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