Stadium Management opens for business after financial distress

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

South Africa Headlines News

The management of FNB Stadium looks to pack the calabash-shaped arena with events, banquets, functions and site tours to ease their financial distress after two years of running at a loss.

The stadium, known as Soccer City, has been largely unused but after President Cyril Ramaphosa lifted Covid-19 restrictions that will see events and fans returning albeit at 50%

capacity, Stadium Management SA , which runs the facility, is looking at other revenue opportunities to keep it afloat...If you have already registered or subscribed, please sign in to continue.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

IPL 2022: Chennai Super Kings vs Kolkata Knight Riders previewIPL 2022: Chennai Super Kings vs Kolkata Knight Riders preview The Chennai Super Kings open their IPL 2022 against Kolkata Knight Riders at the Wankhede Stadium in Mumbai on Saturday 26 March.
Source: TheSAnews - 🏆 25. / 59 Read more »

Applications open for 2022 Africa's Business Heroes competition - IT-OnlineThe “Africa’s Business Heroes” (ABH) prize competition, one of the Jack Ma Foundation’s flagship philanthropic programs spotlighting and celebrating Africa’s entrepreneurial talent, has opened applications for its fourth annual edition. Entrepreneurs from all 54 African countries can now submit their applications, in either English or French, for a chance to become one of the top […]
Source: ITOnlineSA - 🏆 16. / 63 Read more »

‘New dates for social grants are not for the R350 grant’ — Sassa clears up confusionSassa says the changes to grant payment dates are for the normal social grants (elderly people, disability and child), not the Covid-19 social relief of distress grant.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Survey reveals Ukraine war has knocked German business confidenceFuest said in a statement that the business climate in the flagship manufacturing industries had never declined so sharply, with 'optimism giving way to clear pessimism' in the business outlook as well. I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Leticia_thomas5 on Twitter She guides me through and i made a return of R155,000 after a week of trading, connect with her
Source: ewnupdates - 🏆 30. / 53 Read more »

New financial laws to shake up SA’s fintech sectorThe Conduct of Financial Institutions Act will transform South Africa’s fintech industry, says CDHLegal. LegalView fintech
Source: ITWeb - 🏆 45. / 51 Read more »

R15m stadium in Komani unusableIt's been more than five months since it was unveiled by the Enoch Mgijima Local Municipality. Is this thing even a stadium? ay bakithi sibanjwa inkuzi emini kubheke izwe lonke manje. SA's Corruption Emergency | R15-million stadium in Komani unusable CNN AJEnglish Nothing new!!! Zuma has made South Africa in-investable. All state owned entities is bankrupt. 15 bars? 🤔
Source: eNCA - 🏆 49. / 51 Read more »