Will the global downturn scotch the 2010 World Cup?

Posted on November 22nd, 2008 by Richard Catto 753 views

In a BBC news article the ever optimistic Irvan Khoza of “stop thinking like a kaffir” fame postulates that the South African Rand (ZAR) could drop to R20 to the dollar by December [2008] which would still motivate tourists to vist our country (despite the economic downturn) next year for the runner up to the World Cup, the FIFA Confederations Cup. Currently the USD is worth ZAR10.38.

But there is a real worry that the global economic crisis could spell doom for the 2010 World Cup slated to take place in South Africa.

Danny Jordaan, chief executive of the 2010 World Cup organising committee, admits that if visitors do not come in 2010 then there will be real problems.

Tags: 2010 World Cup, Danny Jordaan, Irvan Khoza
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