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May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
Johannesburg - An e-mail from travel agents warning people to stay at home
during the 2010 Fifa Soccer World Cup is causing unnecessary panic,
audit tax advisory firm Grant Thornton South Africa said on
Thursday.
"Recent e-mail warnings from travel agents advising South
Africans to stay home from June 11 to July 11, because of overbooked
hotels, unavailable car hire and impossible airports, are
overstated," Gillian Saunders, director of strategic solutions
said.
"The e-mail communication is causing unnecessary panic. Visitors
won't all be in South Africa in the same town all at once and,
although there will be certain crunch peak periods, overall it
shouldn't impact South Africans' daily schedules too dramatically."
Grant Thornton said South Africa monitors the significant ways the World Cup will have an impact on the country and its economy on an ongoing basis.
It estimated that 483 000 tourists (151 000 from Africa) are
expected to come to South Africa for the World Cup, resulting in
foreign spending of R8.5bn.
"It is interesting to note that in our highest tourism month of
the year South Africa already hosts almost 870 000 foreign
tourists, so there's no doubt our nation and current tourism
infrastructure can cope with the influx of additional visitors
during the World Cup," Saunders said.
- Sapa