SA economy `to grow 2.3% in 2010`

source: BBC News

The World Cup is expected to add 0.5% to the country’s economic growth

The South African government expects the country’s economy to grow by 2.3% this year, helped in part by the football World Cup in the summer.

The prediction of a return to economic expansion after last year’s recession was given by Finance Minister Pravin Gordhan as he delivered the budget.

He expects the World Cup to add 0.5% to the country’s 2010 economic growth, led by visiting football fans’ spending.

Mr Gordhan added there would be a new effort to [continue reading]

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