Featured Story

South Africa Rugby Announces 23.3M Rand Loss For Last Financial Year

Published in SportsBusiness Daily Global on 03 / 28 / 17

Paying 60M rand more annually for player insurance and image rights as well as 336M rand to keep the 14 provincial unions "afloat" are two reasons South Africa Rugby announced a 23.3M rand loss in the last financial year, according to Craig Ray of TIMES LIVE. The organization made the announcem...

Read More

Tags: Finance, Africa

More Stories

03/21/16
SA Rugby Posts Strong Financials

South Africa Rugby on Friday announced a "very satisfactory" operating result for the year ended Dec. 31, with a group pre-tax surplus of 33.3M rand, significantly higher than the 2.9M rand achieved in the previous financial year, according to SPORT24. SA Rugby CEO Jurie Roux said that the resu ...

Tags: Finance, Africa

03/18/16
SA Calls For FIFA To Retract Bribery Claims

South Africa Sports Minister Fikile Mbalula said that FIFA "should retract its statement that a bribe was paid when South Africa won the right to host the 2010 World Cup," according to the AP. Mbalula claimed that the FBI indictment and criminal investigations were "littered with explosive contrad ...

Tags: International Football, Africa

03/16/16
Leslie Sedibe Calls FIFA Cowards

They "are cowards" -- that was Leslie Sedibe's reaction to a five-year ban from football imposed on him by FIFA on Monday -- a sanction which impelled the former South African FA CEO to come down hard on the organization he served for "13 painful months," according to Mazola Molefe of the INDEPENDEN ...

Tags: International Football, Africa

03/16/16
Togo Vs. Tunisia Match Will Go Ahead

The Togo Football Federation (FTF) said that its request to move next week’s African Cup of Nations qualifier out of Tunisia "due to security concerns has been turned down by the Confederation of African Football," according to Mark Baber of INSIDE WORLD FOOTBALL. The decision "comes in the wa ...

Tags: Events and Attractions, Africa

03/15/16
Former SAFA Officials Banned

FIFA announced that three more former South African FA officials "have been banned from the sport in connection with international friendlies played by the national side" in '10, according to Brian Homewood of REUTERS. Former SAFA CEO Leslie Sedibe was "banned for five years" and fined 20,000 Swiss ...

Tags: International Football, Africa

03/08/16
Startimes Looks To Ivory Coast

As of right now, Canal+ is the “only telecom that benefits from an operating license for pay-TV (by satellite) in Ivory Coast,” according to MEDIA SPORTIF. But the situation is “evolving and more companies are making preparations to enter into the market.” One in particular i ...

Tags: Media, Africa

03/07/16
Money Given To Kenya Puts Nike In Spotlight

Kenyan officials said that when a Chinese clothing company "swooped in and offered to sponsor Kenya’s famed runners, Nike panicked," according to Jeffrey Gettleman of the N.Y. TIMES. After hearing the news that the Kenyans wanted to end their deal with Nike, a Nike exec wrote to a Kenyan offic ...

Tags: Leagues and Governing Bodies, Africa

03/04/16
SAFA Blames CAF For Sexwale's Failed Bid

South African FA President Danny Jordaan said that Tokyo Sexwale's bid to become FIFA president "was doomed as soon as his own confederation refused to back him," according to Nick Said of REUTERS. Businessman Sexwale "pulled out of the race," won by UEFA General Secretary Gianni Infantino, "just be ...

Tags: International Football, Africa

03/02/16
Ecclestone Wants To Return To Africa

F1 CEO Bernie Ecclestone "has called for a return of the series to the African continent," according to BILD. This year's calendar includes a record 21 races, only 10 of those in Europe. If it is up to Ecclestone, F1's withdrawal from Europe will continue in the future. Ecclestone: "It looks like it ...

Tags: Leagues and Governing Bodies, Europe, North America, Africa

02/24/16
Kenya Athletics Scandal Escalates

The scandal involving Kenyan athletics "has deepened after a fourth leading official was suspended for 'potential subversion' of anti-doping procedures," according to Martyn Ziegler of the LONDON TIMES. Athletics CEO Isaac Mwangi "has been suspended for 180 days pending an investigation into allegat ...

Tags: Leagues and Governing Bodies, Africa

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug