Durban's Stadium Generates R4m

What happens when drought strikes us? Are we going to ask for aid?

http://www.thetrumpet.com/?q=7103.5630.0.0

Stephen Mohale, a black farmer who started off in 1979 with 3 hectares of land and today employs 125 people, says farming is getting more difficult every day. Farming costs and government policies are forcing productive farmers like Mohale to consider quitting.

Mohale criticizes the government’s land reform and redistribution program whereby mostly white-owned land is being handed over to black settlers.


http://news.smh.com.au/breaking-new...op-food-shortage-risk-list-20090908-feof.html

Most of sub-Saharan Africa and South Asia are facing extreme or high risk of food shortages, according to a ranking of 148 nations obtained by AFP.
 
You will believe that because you've been gone for too long.
With walkways to the beach front...It couldn't have been better positioned.

So long as you don't make a wrong turn onto Umgeni Road, or enjoy passing a gaudy casino (assuming you didn't get run over by a taxi on NMR)
 
But the Sharks were not asked from the start and when they did ask the price were so high they said no thanx they stick to ABSA park. IIRC. Maybe it has changed.

Apparently they were asked early on, the council being cognizant that historically soccer stadiums in SA do not make the same kind of money as Rugby does. Bottom line is that Kings Park has more corporate boxes, and that's an important revenue stream which they didn't want to sacrifice.

To the economist here. We import the largest part of our food. How will a weak rand help feed the people?

It won't but a weak rand is inevitable.
 
Apparently they were asked early on, the council being cognizant that historically soccer stadiums in SA do not make the same kind of money as Rugby does. Bottom line is that Kings Park has more corporate boxes, and that's an important revenue stream which they didn't want to sacrifice.



It won't but a weak rand is inevitable.

Cool thanx. I thought so.
 
Mila: triple posting is a sin.

And how does any of your posts draw the conclusion that we import most of our food? 1.2 million tons means nothing if you can't put it into context i.e. relative to how much of it is produced locally.
What is this thread subject again?
You should know by now that they'll derail a perfectly good thread to spread their doom mongering, as predicted on the first page of this thread.
 

Actually the article speaks about protecting local farmers from cheap imports. This is what you don't understand. If the rand was weaker it might cost more to import maize, but we would make a lot more by what we export (as well as be much more competitive price wise.) The same goes for everything else. Currently we export more than we import. A weaker rand would escalate this trend.

There are some set backs such as more expensive fuel etc so it's a balancing act. I think most economists will agree that a slightly weaker rand would be very beneficial to our economy as a whole. Currently the rand is too strong to really make us as competitive as we should be. Tourism will suffer too as with the ran around 9/10 to the dollar we're an extremely affordable holiday option.
 
Eish!
My tax money gets wasted on some useless government employees with crap attitudes.

They love to pat themselves on the back for their stuff-ups that they aren't paying for.
Non-accountability must be bliss.
And that is the bottom line really. +1
 
Moses Mabhida Stadium not financially sustainable: report

http://www.timeslive.co.za/local/2012/10/24/moses-mabhida-stadium-not-financially-sustainable-report

Durban's Moses Mabhida Stadium is not generating enough money to make it financially sustainable, according to a report on Wednesday.

Audit and risk committee member Peter Christianson said the R3.1 billion stadium built for the 2010 FIFA World Cup was incurring "cash losses", the Mercury reported.
Christianson suggested the stadium be managed as a separate entity, in the same way the Durban International Convention Centre and Ushaka Marine were being run.
He said there was a flow of funds into the stadium but it was difficult to establish what the figure was.
"We also urge that the council investigates all possible options, including reopening negotiations with the rugby union, for the Sharks to move to the stadium," Christianson was quoted as saying.
Ethekwini Municipality spokesman Thabo Mo***eng said one of the options the city could consider was changing the stadium to a legal entity.
This would mean it would have a board to manage its affairs and the city would play an oversight role.
He said negotiations with the SA Rugby Union were at an "exploratory level".

Oh lookie lookie.... The Stadium has become a "White Elephant" :rolleyes:

Who woulda thunk it?
 
Lol, you resurrected this thread so you could gloat? How sad:rolleyes:

There were many of us at the time who said that these stadiums would become White Elephants, not because we didn't want the World Cup, we loved the World Cup, we went to the games, we enjoyed the Vibe. No, we were concerned that proper public consultuation and feasability studies had not been concluded. Other sports bodies had not been consulted.

We were called naysayers, doom and gloomers, killjoys, etc. so yes... here I am to gloat, and I am going to damn well enjoy it.

What is really sad is how some people see the exorbitant waste of public expenditure over and over again, and don't really give a damn about those poor and needy in South Africa who could really have benefited from that money.
 
Well we just need to steal more events from the other cities, all events held at the stadium have been a success. They just need to close that archaic kings park and move the rugby there.
 
Well we just need to steal more events from the other cities, all events held at the stadium have been a success. They just need to close that archaic kings park and move the rugby there.

I agree, I would love to see that happen. It is a beautiful stadium. But the Rugby guys have repeatedly stated (as they did in Cape Town as well), that they were never consulted on the design and that the stadium does not suit their purposes.

Even now, the Durban Metro should offer to make the necessary changes (at their own expense), to ensure usage of the stadium.
But sadly, stubborness is still the rule of the day.
 
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