COVID-19 Impacts on the Sports Sector

BY 29.06.20

World over, sport is recognised by many societies and governments as a major contributor to economic and social development. The COVID-19 pandemic has affected sports of all types across the world and is likely to have a major negative impact. According to Forbes, the global value of the sports industry is estimated at $756 billion annually. Soon after the announcement of the measures, including the lockdown, to fight the pandemic, the SA Cultural Observatory was requested to conduct an impact study to assess how the COVID-19 pandemic and associated measures has affected the sports sector in SA. We are a few weeks away from releasing the study which will give us a good indication of the impact. On release, we will share the results with key stakeholders, the media and public, and results will be made available on our website (https://www.southafricanculturalobservatory.org.za).