Wednesday, December 15, 2010

South Africa not regrouping from world cup



Well they aren't doing awful, but the profits haven't been as big as they expected..
Tourist attendance was lower than projected by about 150 000 people (they projected 450 000 but saw 300K). According to research only about 323million of the 3billion estimated dollars spent on the world cup have been recouped and only 22% of South African companies have benefited, as opposed to the 45% they expected would be able to pull profits. World cup final a financial hazard? Regrouping necessary...

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