World Cup to hit SA businesses

source: Fin24
Apr 18 2010 12:58 Vida Booysen

Bloemfontein – The World Cup soccer tournament that starts in June could present business people with some unpleasant surprises.

Instead of providing the anticipated economic bonanza, the event could lead to revenue losses for certain South African companies.

This is because of huge challenges to the infrastructure, leading to delays and traffic congestion.

Workers’ productivity is also expected to drop as a result of people wanting to watch the soccer spectacle at work.

According to Martin Humphries, the managing director of Executives Global Networking (EGN) – an information network for chief executives – some of the country’s top chief executives, financial executives and human resource managers have already begun to assemble under EGN’s banner to prepare for the [continue reading]

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