DTI justifies spend on Cup tickets

09 July 2010 - 02:00
By unknown

THE Department of Trade and Industry yesterday defended its R4,7million expenditure on 2010 Fifa World Cup tickets, saying it was not unusual compared to what other countries had done.

THE Department of Trade and Industry yesterday defended its R4,7million expenditure on 2010 Fifa World Cup tickets, saying it was not unusual compared to what other countries had done.

It said in a statement: "The DTI wishes to reiterate that we targeted the World Cup as an opportunity to leverage investment promotion benefits by among others inviting key existing and potential investors into a hospitality programme in order to interact with them along with key local business actors."

On Wednesday, the National Treasury said Finance Minister Pravin Gordhan would soon meet the auditor-general and chairperson of the standing committee on oublic accounts to discuss ticket and hospitality purchases of R130million by parastatals and government departments. - Sapa