Saturday, July 10, 2010

Zuma: $4.3 Billion Was Worth It

South African President Jacob Zuma says the 33 billion Rand (~$4.3 billion USD) spent by the national treasury to host the World Cup was a worthy investment. He specifically cited long-term improvements to communications and transportation infrastructure, as well as social improvements.

But the social impact had been even greater, he said, as black and white fans packed into stadiums and fan parks together, 16 years after the first all-race elections ended white-minority rule.

"The social benefits are priceless. We have seen remarkable unity, patriotism and solidarity being displayed by South Africans, which has never been witnessed before," Zuma told an investment meeting.

Zuma hails World Cup benefits
Sport 24
July 7, 2010