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HomeSportWhy is Heroes Stadium failing to make revenue despite a $94 million construction cost?

Why is Heroes Stadium failing to make revenue despite a $94 million construction cost?

After government and allies spending over $4 million in repair and maintenance, the Heroes Stadium is back in the game— hosting key sporting activities. The stadium was built between 2011 and 2014 at a cost of $94.5 million through a concessional loan from China and has become one of the most monumental sites in the country. Despite its significance and stature, experts have generally expressed concern over the lack of revenue being generated either through events or just sports. Speaking in an interview with the Zambian Business Times (ZBT), Heroes Stadium Director Raphael Mulenga confirmed that the mega facility has...

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