Foreigners to boost S.African economy during World Cup

Foreigners will inject 13 billion rand into South Africa's economy during the World Cup, helping the soccer spectacular boost economic growth by 0.5 percentage points.

The estimated gross economic impact for South Africa, including indirect spending and infrastructure built over the past four years, will be 93 billion rand, according to a study by the accounting firm Grant Thornton. But the bulk of this is internal government spending.

Gillian Saunders, who led the study, told journalists and economists on Wednesday that less foreign fans were expected to come than previously thought, but those that did would spend more compared to other tournaments like Germany in 2006.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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