SA hotel industry looks to be emerging from its post-Soccer World Cup slump‚ occupancy and room-rate figures for last year show.
Hosting the 2010 Soccer World Cup has come at a massive cost for South Africa, with some stadiums running over the initial budgets more than R1bn.
The Nelson Mandela Bay municipality and the 2010 World Cup local organising committee have distanced themselves from any possible mediation bid to avert a strike at the Port Elizabeth stadium
The revival of Johannesburg’s inner city has seen an escalation in the value of property, making it more difficult for government and non profit organisations to provide much needed social housing for low-income earners.
Aveng CEO Carl Grim says he expects an upswing in government capital expenditure before the end of this year as SA gears up for the 2010 Soccer World Cup
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