Tuesday, April 20, 2010

World Cup Productivity Lull Could Harm Local Businesses

Some economists are warning that the World Cup may turn out to be an economic drag for some businesses, as crowds and congestion cut into worker productivity during the tourist-flooded event.

This is because of huge challenges to the infrastructure, leading to delays and traffic congestion.

Workers' productivity is also expected to drop as a result of people wanting to watch the soccer spectacle at work.

According to Martin Humphries, the managing director of Executives Global Networking (EGN) - an information network for chief executives - some of the country's top chief executives, financial executives and human resource managers have already begun to assemble under EGN's banner to prepare for the possible disruptions and glean wisdom from their overseas counterparts.

World Cup to hit SA businesses
April 18, 2010