Miss World costs soar to R90m

2009-12-11 11:24
Johannesburg - The Miss World pageant will cost the City of Johannesburg R90m, double the amount told to the public, the Mail&Guardian reported on Friday.

The paper said this was according to an agreement signed by Graham Cooke from Miss World Limited, the pageant owners, and chief executive of the Johannesburg Tourism Company, Lindiwe Mahlangu-Kwele.

The contract stipulates that the JTC would pay a hosting fee of about £6m (R73m) and foot the bill for logistical, travel and accommodation arrangements, bringing the cost to "at least" R90m, the report read.

The city would end up footing the bill because the JTC is a section 21 company funded by it.

Essential services


The City cut its budget by more than four percent, the report read, raising concerns that it would falter on delivering essential services. It added that the JTC was insolvent and was given a R13m loan by the city last month.

Mahlangu-Kwele denied that the company was insolvent and said the decision to host the pageant was taken by the mayoral council on November 6. She confirmed that the city's contracted costs included £6m for the hosting rights with the R17.3m projected budget to be offset by sponsors.

She did not indicate who the sponsors were or how much they would contribute, the report said.

- SAPA
Read more on:    city of johannesburg  |  miss world
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

 

Inside News24

 
/News

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Camping gear!

We’ve got all your camping must have’s right here at mind blowing low prices. Check them out now!

Herbex – buy 3 & get 1 free!

Fat burn packs, appetite control chewies, stretch mark cream and more. Offer valid while stocks last. Shop now.

30% off Jinger Jack handbags

Spice up your wardrobe and save 30% on stylish Jinger Jack handbags. Offer valid while stocks last. Shop now!

Buy 3 books & pay for 2

The cheapest of the 3 books will be free. Offer valid while stocks last. T&Cs apply. Shop now!

Deal of the week!

Hisense 40” Full HD LED Television now R3999. Offer valid while stocks last. Buy now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Mercury has moved into Libra which adds a more social energy to the way you can communicate and connect things. Today is about...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.