Municipal entity to manage Cape Town Stadium

World News: . []

The City of Cape Town’s Mayoral Committee approved a recommendation to council on Monday, that a municipal entity be established to manage and operate the Cape Town stadium on behalf of the city. “Our goal is to minimise the financial losses of the Cape Town Stadium and to maximise the potential income streams by increasing the use of the Stadium”, said said the City’s Mayoral Committee Member for Finance, Councillor Johan van der Merwe.

Read More: http://www.engineeringnews.co.za/article/municipal-entity-to-manage-cape-town-stadium-2017-03-20

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