Cape Town City bosses are emphatic that Cape Town Stadium is not a white elephant, insisting that it would be utilised more frequently in the coming months.
Apart from a number of concerts, church gatherings and poorly attended soccer matches, the 55,000 seat stadium does not host events on a regular basis.
An international U20 soccer tournament currently being hosted at the venue has only seen about 3,000 to 4,000 people turn up.
The city's Grant Pascoe said the stadium has not yet reached a stage of desperation just as yet.
“We are working behind the scene to get this absolutely right. It is not like we are desperate to host. This is SAFA Cape Town’s initiative. We are part of them and they approached us. There are many events that are being lined up at this time but we are also working towards a strategy.”
Grant said future plans will focus on the long term sustainability of the stadium, and not short term gain.
The rand slumped on Tuesday after figures showed the current account was worse than first thought.
Half of the air force’s state-of-the-art Gripen jet fighters have been placed in long-term storage.
Striking workers at the Medupi power station are expected to return to their posts, Numsa said.
