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SA economy gets R93bn World Cup boost

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SA economy gets R93bn World Cup boost

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

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