The City of Cape Town has applied to the World Rugby for the rights to hosts the World Rugby Sevens from 2019 - 2022.
In 2017, the World Rugby Sevens pumped into the city's GDP R765 million.
City's Mayoral Committee member for Economic Opportunities and Asset Management, James Vos, says the council has given the green light to bid to host the tournament because it makes good business sense.
This is also on the back of Cape Town receiving accolades for being the leading events capital in the world. So we want to position Cape Town as a place where the world can access Africa.— James Vos, Mayco member for Economic Opportunities and Asset Management
This makes sense for us as the City to invest in events that can drive demand for our City.— James Vos, Mayco member for Economic Opportunities and Asset Management
We are excited about this because Cape Town and South Africa is a sports-mad nation, therefore, we believe with this bid we will bring the necessary investment and most importantly to position us as the leading events capital which will be a huge benefit for our City.— James Vos, Mayco member for Economic Opportunities and Asset Management
According to Vos, it is estimated that eight events hosted in the city, in the next 12 months could contribute more than R3 billion to the City's GDP.
The City will cough up R2,5million for each year to provide essential services around the event.
To hear the rest of the conversation, listen below: