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    Nkomazi traders and SMMEs received assistance with government procurement processes, including CSD registration, during the Premier’s Imbizo.

    Nkomazi SMMEs seek clearer path to government procurement

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  • Business
    Nkomazi traders and SMMEs received assistance with government procurement processes, including CSD registration, during the Premier’s Imbizo.

    Nkomazi SMMEs seek clearer path to government procurement

    South Africa’s proposed SEZ tax reforms could attract more investment and create opportunities for businesses in industrial supply chains.

    Proposed SEZ tax reform could open opportunities for SMEs

    South African SMMEs using WhatsApp Business Platform could face new per-message costs from October 2026.

    WhatsApp pricing shift threatens to raise costs for SMMEs

    Extortion case involving cop raises alarm over business safety

    Reliable municipal services such as water are essential to businesses, particularly small enterprises that may not have the resources to absorb prolonged disruptions.

    Municipal financial pressure puts Mpumalanga SMMEs under strain

    Municipal service delivery has emerged as a key issue ahead of South Africa’s local government elections. Photo. City of eThekwini

    NAFCOC warns municipal failures threaten SMMEs

    Black-owned firms say procurement rules discourage local production and limit their share of the R56.4bn pharmaceutical market.

    Black firms want share of R56.4bn pharmaceutical market

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    Western Cape launches digital funding service for businesses

    SADC explores opportunities to strengthen regional pharmaceutical manufacturing, a push that could create opportunities for local MSMEs across the health-products value chain.

    SADC pushes to strengthen pharmaceutical growth in region

  • Agriculture

    Eastern Cape woman shatters stereotypes in grain farming

    Grain SA members protest outside the JSE over soybean pricing.

Photo: Grain SA

    Grain SA takes JSE to court over soybean pricing dispute

    Dead sardines along the Western Cape coast amid an ongoing investigation. Photo: supplied

    Sardine deaths create fresh uncertainty for fishing SMEs

    Western Cape blueberry growers are preparing for the 2026 season amid weather-related risks and uncertainty over crop yields.

    Weather threats cloud Western Cape blueberry season

    Sbonekonke Training established by accountant Reggie Mkhize provides practical training aimed at empowering aspiring farmers with the skills needed to succeed in the agricultural sector

    Sbonekonke empowering aspiring farmers with hands-on training

    A kudu bull with 59-inch horns sold for R146 000, the highest price at the Thabazimbi game auction.

    Wildlife businesses shine at Thabazimbi show

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  • Innovation
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    WhatsApp pricing shift threatens to raise costs for SMMEs

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    Entrepreneur turns plastic waste into thriving fashion business

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    How Artificial Intelligence is helping SA small businesses grow

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    Oratile Sibanyoni is a young entrepreneur with a mission. Photo. Lorraine Mokhatla

    Entrepreneur pioneers smart bin to revolutionise waste management

    A long wait for care at a hospital gave Sibongile Mongadi an idea for her business. Photo. Supplied

    Soweto creator redefines prosthetics through local manufacturing

    Innovator Tshepiso Malema has designed a digital solution to help farmers.

    Agritech platform brings digital precision to livestock farming

    Setšong Tea Crafters was able to overcome barriers that often keep rural enterprises out of mainstream retail channels. Photo. Lucas Ledwaba\Mukurukuru Media

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    Sibusiso Shabangu, a Mpumalanga waste-to-fuel innovator, says his project is on hold as he completes regulatory compliance requirements.

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Photo: OLIVIER LE MOAL

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    Improved air connectivity through the Emirates-SAA
partnership is expected to strengthen tourism, trade and
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    Nkomazi traders and SMMEs received assistance with government procurement processes, including CSD registration, during the Premier’s Imbizo.

    Nkomazi SMMEs seek clearer path to government procurement

    Reliable municipal services such as water are essential to businesses, particularly small enterprises that may not have the resources to absorb prolonged disruptions.

    Municipal financial pressure puts Mpumalanga SMMEs under strain

    Western Cape launches digital funding service for businesses

    The cash-loan business has become one of the fastest-growing enterprises in South Africa’s township and informal economies.

    How a new R150m fund seeks to help SMEs hire youth

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    R5.4bn facility targets women SMEs

    Leane Hendricks is proving that South Africans can also run successful spaza shop businesses by starting small and serving their communities. Phone: supplied

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    Step-by-step guide on how to apply for Spaza Shop Support Fund

    Entrepreneurs are proving that growth no longer depends on having a physical store. Photo SME SA

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    Moovy Delivery founder Nhlanhla Nkosi turned a gap in township logistics into a growing courier business. Photo Supplied

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Durban July pumps R1bn into KZN economy, fuels SME growth

by Afhulufhedzeaho Olga Mulaudzi
July 7, 2026
in Business, Tourism
Reading Time: 3 mins read
A A

The 2026 Hollywoodbets Durban July attracted more than 45,000 visitors to Durban, delivering a major boost to businesses across the tourism, hospitality, fashion, retail and transport sectors.

Event organisers and sponsors Hollywoodbets said the event generated about R690 million for the local economy in 2024, which increased to R840 million in 2025.

This year’s edition is estimated to have contributed close to R1 billion, underlining its growing importance to KwaZulu-Natal’s tourism and events sector.

According to Hollywoodbets, investment in the sector has helped safeguard about 15,000 jobs, while horse racing supports more than 60,000 jobs nationally and an estimated 300,000 dependants through breeding, training, racing and related services.

The organisers said the event also supported business activity through 29 independently operated VIP marquees, 12 public bars, more than 9,000 event staff and over 1,000 security personnel, creating opportunities across different parts of the economy.

City of eThekwini’s chairperson of the Economic Development and Planning Committee, Councillor Thembo Ntuli, said the Hollywoodbets Durban July has grown beyond horse racing.

“It has become a powerful platform that celebrates South African excellence, creativity, fashion, culture and sport, while contributing significantly to economic growth and job creation,” Ntuli said.

Beyond the race itself, the event created opportunities for accommodation providers, restaurants, retailers, transport operators, fashion designers and other small businesses that benefited from increased visitor activity during the weekend.

Ntuli said the event attracts thousands of visitors every year, generating business for accommodation establishments, restaurants, entertainment venues, transport operators, retailers and tourism enterprises.

“Importantly, the Durban July stimulates tourism, supports small businesses, creates employment opportunities, promotes local talent, and places Durban firmly in both the national and international spotlight. It demonstrates how sport, culture, fashion and tourism can work together to drive inclusive economic development.”

Brett Tungay, National Chairperson of the Federated Hospitality Association of South Africa, said the event remains an important contributor to Durban’s tourism economy.

“Durban is reliant on tourism events like this for the city’s economy. Major events such as the Durban July continue to attract visitors and provide an important boost for hotels, restaurants and other tourism businesses,” he said.

He said major events continue to support the hospitality sector by bringing visitors into the city and increasing demand for accommodation, food services and entertainment.

Creating opportunities for entrepreneurs

The economic benefits of the Hollywoodbets Durban July also extended to entrepreneurs operating in fashion, hospitality, catering, tourism and transport.

The Durban Fashion Fair remained one of the event’s key business development platforms, giving emerging designers industry exposure, mentorship and access to new markets.

This year’s Young Designer Award attracted a record 143 entries from students across KwaZulu-Natal, highlighting opportunities for young entrepreneurs in the province’s creative economy.

Fashion designer Mzwandile Mathonsi, one of the invited designers for this year’s event, said the event provides local creatives with a platform to grow their businesses and reach new audiences.

“The Country Allure theme is rich with storytelling, allowing us to explore heritage and sophistication in bold ways. The Hollywoodbets Durban July is a platform to grow, reach new audiences and showcase African creativity,” said Mathonsi.

Beyond race day, the Hollywoodbets Durban July showcased Durban to local and international audiences through television and digital broadcasts, strengthening the city’s reputation as a tourism and investment destination.

 

Tags: Durban EconomyeThekwini MunicipalityFashion EntrepreneursHollywoodbets Durban JulyHospitality IndustryKwaZulu-Natal.Small businessesSMEsTourism
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Afhulufhedzeaho Olga Mulaudzi

Afhulufhedzeaho Olga Mulaudzi

Afhulufhedzeaho Olga Mulaudzi is a qualified journalist at Vutivi Business News, reporting on small businesses, agriculture, and township entrepreneurship. With a background in radio, print, and digital media, she is passionate about amplifying overlooked voices and telling stories that inform, inspire, and drive meaningful change in communities across South Africa.

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