An Ostrich Barstool by Tsai Design Studio, on show at the Design Indaba
"In 2009 alone, the business impact of the Design Indaba was estimated to be R191.9-million, according to an external economic assessment conducted by the University of Cape Town's Graduate School of Business," they said.
Business orders from exhibitors at the expo raised of R113.1m.
"Exhibitions and conventions generally generate large turnover through the organisers' setup and the delegates' accommodation, travel, meals, souvenirs and consumer durables," the organisers
said.
Exhibitors Craft Outfits, African Allsorts, Design Afrika and The Library, which exhibited at the 2009 exhibition, all reported orders in excess of R100,000 last year.
The expo, which will run from Friday to Sunday, is being held at the Cape Town International Convention Centre. Some 30,000 visitors and 350 buyers are expected to attend.
United States media businesswoman Martha Stewart, who served five months in prison in 2004 for lying to investigators about a stock sale, will host a breakfast at the indaba on Saturday.
Sapa
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