World Cup's boost for GDP 'higher than expected'
Friday, July 30, 2010
Initially, Government estimated that the World Cup would add 0.5 percentage points to annual growth this year.However, Finance Minister Pravin Gordhan told guests at a dinner hosted by the International Marketing Council last night: "When we take account of the spending on stadiums and infrastructure since 2006, we find that the level of GDP is about 1 per cent higher than it would have otherwise been."
In addition, he said the tournament undoubtedly boosted the country's standing internationally, showcasing its capabilities in delivering world-class infrastructure on time and without imposing a financial burden on the national fiscus.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...