The City of Cape Town is set for a multi-million rand economic injection this weekend. Yes, it’s that time of the year again when thousands of people descend on the Kenilworth Racecourse for the ever-popular J&B Met.
The Met is expected to boost the local economy by about R60 million. More than 22 000 visitors are expected at the racecourse on Saturday. The City of Cape Town says the event is more than just a horse race – it has become a melting pot of couture fashion, lifestyle and social networking, where Cape Town is the big winner.
‘The event is supported by 390 horse racing-related staff and 1 500 service staff on the day of the races,’ says the City’s Mayoral Committee Member for Tourism, Events and Economic Development, Councillor Garreth Bloor.
He adds that apart from the direct economic impact through visitor and organiser spend, there is also the ripple effect of job creation during and after events as well as the increased spend at our world-famous attractions. ‘Therefore we welcome events which not only provide an injection into the local economy, but also cement the city as the events capital of Africa,’ says Bloor.