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30 March 2017 20:27 (South Africa)

SA economy gets R93bn World Cup boost

  • Andy Rice
    andy rice
    Andy Rice

    Andy Rice is a founding partner of Yellowwood Future Architects, a marketing strategy consultancy. In his other lives, he is the southern hemisphere's only supporter of Cambridge United Football Club, and was once upon a time the South African National Spoofing Champion. He has played football at Wembley and cricket at Lord's within the same weekend, but troubled the scorer on neither occasion. Things could only go up from here.

R93 billion. That's the figure that government is currently punting in terms of money that "was pumped into the economy just before and during the World Cup", although government spokesman Themba Maseko indicated that this was not yet the final figure. On 2 July Finance Minister Pravin Gordhan stated that spending by World Cup visitors would add R38 billion to the economy this year. Since we don't know what variables were used in calculating the different figures, we're not going to even try to analyse the discrepancy.  Read more: Times Live

  • Andy Rice
    andy rice
    Andy Rice

    Andy Rice is a founding partner of Yellowwood Future Architects, a marketing strategy consultancy. In his other lives, he is the southern hemisphere's only supporter of Cambridge United Football Club, and was once upon a time the South African National Spoofing Champion. He has played football at Wembley and cricket at Lord's within the same weekend, but troubled the scorer on neither occasion. Things could only go up from here.

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