Marthinus van Schalkwyk, South Africa's tourism minister, said just 309,000 foreign fans attended the tournament, compared to predictions of 450,000.
South African-based companies also failed to reap the benefits of the tournament, according to a study by KPMG. Just 22pc of KPMG's 100 biggest African clients, including several multinationals, said they had benefited from the World Cup, compared to 45pc predicting a boost last year.
South Africa recoups just a tenth of the £3bn cost of staging World Cup 2010
December 10, 2010