As I noted earlier, we have already hosted numerous events, although none perhaps on the scale of the FIFA World Cup finals. Research has shown that South Africa also stands to benefit from hosting the 2010 FIFA World Cup finals.
According to a Grant Thornton study conducted in 2003, the event is expected to contribute about R21 billion for the economy as a whole, generate about R7 billion in tax revenue and create about 150 000 jobs. It is not possible to fully and accurately estimate the potential gains to the economy from hosting the World Cup finals ex-ante.