Youth festival cost R100m

The 17th World Festival of Youth and Students cost R100-million to stage, instead of the R69-million first reported, the National Youth Development Agency (NYDA) said on Tuesday.

The announcement was made at NYDA headquarters in Midrand by executive chairman Andile Lungisa, who said the festival cost R100 000 000,42.

The event was held at the Pretoria showgrounds in December. The agency had raised funds, and was still doing so, to ensure none of the NYDA’s own budget was used to finance the festival.

Prior to the festival, the NYDA said it had obtained R40-million in funding from the National Lotteries Board (NLB), R27-million from the presidency and another R3-million from the arts and culture department.

NLB spokesman Sershan Naidoo said it had paid a first tranche of R24-million. Before transferring the remaining R16-million, the NYDA would have to submit a progress report, with substantiating information, detailing how the funds were used.

“And then we have got to just cross check and verify,” he said. — Sapa

These are unprecedented times, and the role of media to tell and record the story of South Africa as it develops is more important than ever. But it comes at a cost. Advertisers are cancelling campaigns, and our live events have come to an abrupt halt. Our income has been slashed.

The Mail & Guardian is a proud news publisher with roots stretching back 35 years. We’ve survived thanks to the support of our readers, we will need you to help us get through this.

To help us ensure another 35 future years of fiercely independent journalism, please subscribe.


Sadtu calls for the closure of schools

Citing cases such as a school to which only four learners returned, to be met by 20 teachers, the union said Covid-19 is wreaking havoc on learning

SAA creditors give go-ahead on rescue plan

Unions and staff representatives have agreed to severance packages for about 2 700 employees who will lose their jobs.

Basic income grant on the cards as Covid-19 threat intensifies

The pandemic has triggered a global economic crisis that will leave many South Africans without income security

Reinstated Ingonyama Trust managers hit with retrenchment notices

The effect of Covid-19 and the land reform department’s freeze of R23-million because the ITB didn’t comply with budget submissions are cited as some of the reasons for the staff cuts

press releases

Loading latest Press Releases…

The best local and international journalism

handpicked and in your inbox every weekday