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Cricket South Africa declare R200-million loss

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CSA’s cash reserves‚ amounting to R850m‚ means the organisation is still on relatively healthy financial footing.

The organisation‚ which works on a four-year cycle where money is made off tours like India‚ Australia and England‚ and lost when the other nations visit South Africa‚ declared revenue of R929m against expenses of R1.2-billion.

CSA generated R350m in the 2017-18 financial year as compared to the R159m loss in the previous financial year.

 

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