Hosting G20 pumped R1bn into Gauteng's economy – Maile

GAUTENG Finance MEC, Lebogang Maile, has confirmed that the hosting of the recent G20 Summit in the province has generated more than R1 billion for the provincial coffers.

- SIYABONGA SITHOLE

Maile, who delivered the province's Medium Term Budget Policy Statement and Adjustment Budget to the Gauteng Legislature yesterday, said this revenue boost highlights the economic impact of international events on the province, with benefits spanning tourism, hospitality, and local businesses.

With the province set to host other big events in the coming months, Maile emphasised that such initiatives contribute significantly to Gauteng's growth and investment potential.