Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Assessing South Africa's World Cup Investment
Reuters, December 30th, 2009 3:58PM

MOST READ

MOST COMMENTED

Will South Africa's investment in World Cup stadiums prove worthwhile or stand as spectacular monuments to extravagance and waste in a country still struggling to spread the fruits of majority rule? The nation is close to completing 10 top-class venues that bear comparison with the world's best, proving wrong skeptics who said the stadiums would never be finished in time for next June's tournament. But the debate has not diminished over whether Africa's first World Cup should have been more modest, freeing up millions of dollars to help an army of poor who live in squalor 15 years after the end of apartheid.

Critics say the money was wasted and should have been spent on alleviating poverty -- which feeds South Africa's frightening rate of violent crime -- building millions of new houses to replace apartheid-era shanty towns and combating the world's biggest HIV caseload. They charge that many of the stadiums will quickly become unused relics after the tournament.

"When you build enormous stadiams, you are shifting those resources ... from building schools and hospitals and then you have these huge structures standing empty ... They become white elephants," the late anti-apartheid campaigner Dennis Brutus said in the recent documentary film Fahrenheit 2010.

The other side to the argument says the World Cup gives Africa the chance finally to reverse stereotypes of famine, pestilence and war that still blight the continent. Nobel peace prize laureate and anti-apartheid hero Archbishop Desmond Tutu has said the World Cup will have as big an impact for black people as the election of U.S. President Barack Obama and will give new pride to a still divided nation: "With all the negative things that are taking place in Africa, this is a superb moment for us. If we are going to have white elephants, so be it."

Economists say World Cup construction has cushioned South Africa from the global recession and will contribute close to $7.3 billion to the economy. "It has been a huge blessing for South Africa in view of the recession," said Gillian Saunders of business consultants Grant Thornton Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Brandao Faces One-Month Suspension for Head-Butt     
Bastia striker Brandao has been provisionally suspended until Sept. 18 by Ligue 1's disciplinary committee and ...
QPR Adds Two World Cup Players     
Queen Park Rangers on Friday confirmed the signing of Chile forward Eduardo Vargas on a season-long ...
Neymar Suffers Ankle Sprain    
Barcelona forward Neymar has picked up an ankle sprain in training and will be out of ...
Conte: 'We're Counting on' Rossi     
Antonio Conte said he is "counting on" New Jersey native Giuseppe Rossi as he draws up ...
Balotelli-Liverpool Talks Continue    
Mario Balotelli has arrived in Liverpool for a medical ahead of his expected 16 million pound ...
Report: Top Clubs Opening US Academies     
The AP reports that South American and European soccer powerhouses are opening full-time soccer academies across ...
Legia Loses CAS Appeal     
Legia Warsaw has said it will sack the administrator blamed for the clerical error that resulted ...
Report: BVB's Sponsors to Buy Stakes     
Borussia Dortmund on Thursday announced that the club would issue up to 24.5 million shares in ...
Simeone: Atletico Can't Compete with Real, Barca    
In an interview with La Gazzetta dello Sport, Atltico Madrid coach Diego Simeone emphasized that despite ...
Dzeko Signs Four-Year Man City Contract     
Manchester City striker Edin Dzeko on Thursday signed a new four-year deal with the defending Premier ...
>> Section 2 Around the Net Archives