Durban July to deliver R690 million boost to city's economy
Image: Supplied
Durban is set to receive a massive boost of around R690 million to its economy as the highly anticipated Hollywoodbets Durban July horse racing event returns on July 5, 2025.
According to a statement issued to the media by eThekwini Municipality on Tuesday, the event is expected to draw around 45,000 visitors, creating thousands of jobs and benefiting local businesses across sectors such as fashion, hospitality, and transport.
Last year's race saw the racecourse "packed to capacity with more than 50,000 spectators".
"The Hollywoodbets Durban July is one of the major events on the City's calendar and is a drawcard that brings people from across the country and beyond to Durban. It is an event that has a huge economic impact on the City," the Ethekwini Municipality said.
"Projections show that about R278.6 million will be a boost in direct spend and R689.4 million in GDP contribution. Additionally, 4,403 jobs are expected to be created during this period."
"Businesses across various sectors, including the informal economy, will also experience a boost. Other sectors set to benefit from the Durban July are fashion and textile, transportation, restaurants, hair and beauty, and businesses selling fast food".
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The event is expected to draw around 45,000 visitors, creating thousands of jobs and benefiting local businesses
Image: Supplied
eThekwini Mayor Cyril Xaba urged residents and visitors to embrace the "excitement" of the Durban July, highlighting the event's "thrilling" races.
'Come and experience the thrill of the races, the stunning fashion, and the unforgettable moments that make the Durban July a must-attend event," Xaba said.
"Whether you're a punter, a horse racing enthusiast, or simply looking to enjoy a fabulous day, come and be part of this iconic celebration,' Xaba said.
mthobisi.nozulela@iol.co.za
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