BusinessCompany NewsSA companies expect to benefit from 2010 World Cup

SA companies expect to benefit from 2010 World Cup

Mixed outlook from Grant Thornton survey

A survey of medium and large businesses in South Africa by Grant Thornton has
found that three quarters of them expect to benefit financially from the
2010 football World Cup.

Just under half of these anticipated gaining in the run up to the event although
only 14% expected to benefit during the World Cup itself.

Not surprisingly, crime in
South Africa
was a big worry for firms with a total of 84% reported that
they or their staff had been a victim of crime in the past year.

National chairman of Grant Thornton South
Africa
, Leonard Brehm, said that businesses needed to work in a safe, secure
environment.

‘This can only be achieved through strong and sustained action by government
security agencies at all levels, supported by a culture of community
participation in assisting with the detection and control of crime,’ he said.

Further reading:

SA finance minister sets aside £1bn for World Cup

E&Y report identifies FIFA vice-president

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor