Share

Soccer hits Castle's earnings

Cape Town - The Soccer World Cup affected the number of visitors to the Castle of Good Hope last year, cutting into its profits.

Arguably SA's oldest building, it had 126 769 visitors in the 12 months to December 2010, according to its annual report tabled in Parliament.

This was less than the 130 716 visitors in 2009 and is as a result of fewer school tours due to extended holidays during the Soccer World Cup.

The monument, on which construction started in 1665,  reported a net profit of R893 000 for the year. This was a 25% drop from the R1.1 million profit in 2009.

Due to a lack of dedicated capital project funding, the board continued with preventative maintenance work and spent R207 000 on day-to day maintenance at the Castle.

The monument falls under the control of the department of defence and military veterans.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.90
+0.2%
Rand - Pound
23.85
+0.2%
Rand - Euro
20.39
+0.2%
Rand - Aus dollar
12.31
+0.2%
Rand - Yen
0.12
+0.1%
Platinum
908.05
0.0%
Palladium
1,014.94
0.0%
Gold
2,232.75
-0.0%
Silver
24.95
-0.1%
Brent Crude
87.00
+1.8%
Top 40
68,346
0.0%
All Share
74,536
0.0%
Resource 10
57,251
0.0%
Industrial 25
103,936
0.0%
Financial 15
16,502
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders