South Africa takes to the world stage today as it hosts the first World Cup to be played on the African continent. For the next 30 days, the eyes of the globe will be watching Rooney, Cristiano Ronaldo, Maicon and Messi battle it out for world soccer supremacy.
South Africaâ€™s $287 billion economy is already the largest in Africa and itâ€™s estimated that the World Cup will generate 400,000 jobs and contribute $7.3 billion to the countryâ€™s GDP, according to research firm Grant Thornton. It estimates 450,000 tourists will visit the country spending a total of $1.1 billion.[Read more...]