2010 World Cup set to contribute R55bn to SA’s GDP

The 2010 World Cup is set to contribute R55bn to the SA economy andcreate 415,000 new jobs, according to a study by Grant ThorntonStrategic Solutions. The contribution to SAs gross domestic product (GDP) is made up of theR33bn in direct spending on stadiums and infrastructure, the spectatortrip expenditure of R8bn, ticket sales of R6bn, and sponsorship dealsof R750m. The expected tax income to government is around R19bn.