Over R300m injected into eThekwini Municipality over Durban July weekend

Officials say the city recorded over R1 million from betting and almost a 1,000 temporary jobs were created.

The Conglomerate has won the 2016 Vodacom Durban July horse race at the Greyville Racecourse. Picture: vodacomdurbanjuly.co.za

JOHANNESBURG - The eThekwini Municipality says more than R300 million has been injected into the city's economy over the Durban July weekend.

Tens of thousands of visitors flocked to Durban this weekend for the glittering racecourse event, at the Greyville Racecourse.

Officials say the city recorded over R1 million from betting and almost a 1,000 temporary jobs were created this weekend alone.

Spokesperson Logan Naidoo says, "It's a huge cash injection into the economy, and it does wonders for the Hospitality industry.

"Hotels were fully booked this weekend, the catering companies, the ground transport companies, the Hospital industry as a whole benefits us."

Meanwhile, the Conglomerate won the 2016 Vodacom Durban July horse race at the Greyville Racecourse.

The Number 14 has given trainer Joey Ramsden his first win at the most glamorous event today.

The race was the 120th instalment of Africa's Greatest Horseracing Event and saw more than just horses racing for the number one title.

The Conglomerate and Ramsden bagged the R4.25 million prize.