CASHING IN? THE MONEY BEHIND SOUTH AFRICA'S SPORTS INDUSTRY & ITS IMPACT ON TOURISM.

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The sports industry in South Africa & Africa is experiencing rapid growth, with the potential to generate jobs, foster social inclusion and drive economic growth.

Sport has always been an important aspect of South African culture, but it is now becoming an increasingly vital economic driver. It is estimated that the sports business provides more than R50 billion + to the South African economy each year, and it benefits the economy by creating jobs, attracting new investment, and encouraging sports tourism.

The sports industry creates numerous employment opportunities, with over 600,000 people employed in various roles, from athletes to support staff. This employment helps reduce the country’s unemployment rate and provides income for many families.

So what are the numbers around and behind sports in South Africa?

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The only value I see is this channel. 🔥🔥🔥🔥🔥🔥🇿🇦🇿🇦🇿🇦

Ox.Dlamini
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Bro, you are a national asset. Very informative 🙏❤️

My_handsome_King
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As usual, very informative video thank!

Chantelleweich
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Keep up this educational content loving it!!

bougzin
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Sundowns has done really well in increasing its brand value; while Chiefs on the other has regressed but it’s on its way back up!

kurhula
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The Bafana trademark was owned by a company called Stanton Woodrush for decades. This prevented SAFA from making revenue from the name. They eventually sold to SAFA after the 2010 world cup following public outcry. SAFA paid the company 5 million. I imagine Stanton Woodrush made a killing from the trademark when they still owned it, especially leading up to the 2010 world cup.

Whomever was the SAFA head of legal, and the head of marketing in the early to mid 90s dropped the ball big time.

luthandondarala
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Another good one my brother keep up the good work 👍👌

XhotepHotep
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Awesome content selection 👏🏿👏🏿👏🏿 I like the informal education here

Cranedabuilder
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Very informative. Great appreciation. Can’t wait for your analysis with regard to the music industry.

sabelobonginkosidlamini
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The platforms exist. The opportunity to make the experiences easy and seamless is in better safety and security, better transport link and selling it to locals at reasonable prices.

kwanelezuma
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I love your channel bro. so informative

sifisolincolnmazibuko
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Research is an essential skill kodwa guys niyabona?🤔

sabathaboyana
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Try making a video about Ithuba bro, people will learn about the lottery I'm sure.

Rafa-ycm
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Tito and the rest have attracted a lot of supporters recently to the stadiums. The customer is always right

sonininyaniso
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oksalayo pirates is worth more than chiefs lol

mafokomotseothata
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your topic selection is top tier youtube level my guy !!!
apply for Night Media channel management they can get you to million subs quicker
and are looking for african channels to invest in

icookcode
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Great video. It's also a bit depressing though, all this money in football but not really seeing it translate into the overall quality of the product and grassroots development.

thembazote
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Thanks for the video. You may want to look into locking down your focus, i might be nit picky but the focus breathing was a bit distracting. It might be your IBIS or VR in Lens, can try a tripod that not on your desk so you dont move it as you speak.

williamryan
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Bad example regarding the sport tourism. You should've picked KC vs Pirates instead MS vs Pirates.
Enjoyed this episode and it was very informative.

Nor-jc
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Fact that Pirates is valued higher than Chiefs is a shocker.

__dawnm__