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
High school vs. club debate rages in New Jersey    
High school vs. club has long been an issue on the boys side, culminating with the ...
Man United's Falcao Out Two Weeks    
Manchester United striker Radamel Falcao will be out for another two weeks with a "new injury", ...
Arsenal's Injury Woes Ahead of Man United Clash     
While much has been made of the injury crisis facing Manchester United coach Louis van Gaal, ...
Bolton Coach Fumes at Klinsmann    
Bolton Wanderers coach Neil Lennon on Friday slammed USA coach Jurgen Klinsmann for what he called ...
Liverpool Investigates Sturridge Injury    
Liverpool has opened an investigation into Daniel Sturridge's persistent injury problems after the striker suffered yet ...
Report: Messi Could Leave Barca over Tax Threat     
According to unnamed sources cited by Spanish newspaper El Confidencial, Lionel Messi may leave Barcelona due ...
Chelsea's Costa 'Totally Recovered' From Injury    
Jose Mourinho on Friday revealed that star striker Diego Costa, who missed Spain's 3-0 win against ...
Klopp Hints at Reus Departure     
Jurgen Klopp admitted that he is powerless to keep Marco Reus at Borussia Dortmund, and hinted ...
Report: Blind Injury Not as Bad as Feared     
Manchester United on Thursday was boosted by the news that defender Daley Blind will be out ...
Parma Deducted Points for Missing Payments    
Serie A club Parma will be deducted between one and six points this season for failing ...
>> Section 2 Around the Net Archives