marine1
Honorary Master
ROFLMAOWe started off with those - they were "redistributed"
![]()
South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
ROFLMAOWe started off with those - they were "redistributed"
![]()
Well, those of us that have left won't be able to see the games - it will be live only - no power to broadcast.
SA places bets on 2010
Aug 15 2005 11:57 93
Cape Town - South Africa is looking forward to a windfall from hosting the 2010 Soccer World Cup, and hopes other top sports events such as the Rugby World Cup and Formula One racing will follow.
But questions are being asked about who will really benefit from the promised bonanza in a country still bearing the social and economic scars of apartheid.
Urged by Fifa - soccer's world governing body - to bring the event to Africa, the Rainbow Nation won the World Cup bid last year against Morocco and Egypt, thanks in part to concerted campaigning by anti-apartheid icons Nelson Mandela and Desmond Tutu.
It will be the first time Africa has hosted the event - a chance to prove that it has evolved from a "hopeless continent to a continent of hope," according to organising chief Danny Jordaan.
"We could see a huge charge for investment engagement in South Africa as a result of the World Cup," Jordaan told a recent conference on the business potential of major sporting events.
"2010 will be the most profitable World Cup in the history of Fifa after 100 years. Fifa has a tremendous amount of confidence in the economy, political stability and the institutions of this country," Jordaan.
Fifa will be main winner
However, some say it's Fifa that will be the main winner, taking the cream of the profits thanks to television rights deals worth an anticipated US$2.2bn (R14.14bn) and sponsorship agreements with the likes of foreign giants Adidas and Hyundai.
Butana Komphela, chairperson of parliament's sport and recreation committee, fretted that preference would be given to Fifa sponsors rather than local companies.
"The spin-offs are not as great as we thought," he told parliament last week.
The organising committee forecasts the tournament will create 123 000 new jobs - a boon in a country which suffers nearly 30% unemployment.
It predicts R17bn in new investment and an additional R5.6bn in tax revenue for the government.
Jordaan predicted some 350 000 foreign tourists would flood into the country, compared with the 25 000 who came here for the 1995 Rugby World Cup.
Soccer fans are expected to spend nearly R10bn on merchandise, accommodation, transport and meals, he said.
http://www.fin24.co.za/articles/default/display_article.aspx?Nav=ns&ArticleID=1518-25_1754196
Will the 35000 foreign tourists arrive? If they don't then we are R16bn down right away. And FIFA will also lose out.
If FIFA thinks it will lose too much, they will relocate and we will be left with a bunch of frigates and warplanes to defend a bunch of empty stadiums.
http://www.fin24.co.za/articles/default/display_article.aspx?Nav=ns&ArticleID=1518-25_1754196
Will the 35000 foreign tourists arrive? If they don't then we are R16bn down right away. And FIFA will also lose out.
If FIFA thinks it will lose too much, they will relocate and we will be left with a bunch of frigates and warplanes to defend a bunch of empty stadiums.
I am laughing my a$$ off at the pro ANC guys who said we are just racists hell bent on this country failing.
This country failed the moment they forced Affirmative action on the economy.
It was just a question of time before all infrastructure started falling apart.
Did you notice all the new black 4x4 vehicles they are driving?
Maybe they know something we don't?
I have said it 1000 times before, Water is the next collapse here.
How come? Electricity dependant purification plants?I have said it 1000 times before, Water is the next collapse here.
How come? Electricity dependant purification plants?
The same problem as Eskom.
Increased demand - no new plants.
No maintenance.
No skilled staff.
How come? Electricity dependant purification plants?
And purification plants are dependent on electricity.
One would think that the plants have power backup?
One would think that the plants have power backup?