Active Stocks
Tue Apr 16 2024 15:59:30
  1. Tata Steel share price
  2. 160.05 -0.53%
  1. Infosys share price
  2. 1,414.75 -3.65%
  1. NTPC share price
  2. 359.40 -0.54%
  1. State Bank Of India share price
  2. 751.90 -0.65%
  1. HDFC Bank share price
  2. 1,509.40 0.97%
Business News/ Home Page / Quick Edit | Two World Cups
BackBack

Quick Edit | Two World Cups

Quick Edit | Two World Cups

Premium

In a way, post-apartheid South Africa made a fresh start with the 1995 Rugby World Cup—a country wracked by social violence came to support a national team that had once been a hated symbol of racial prejudice.

Social injustices persist in Nelson Mandela’s country that, in a few days from now, will host one of the biggest sporting spectacles in the world.

Expectations of the 2010 Football World Cup helping South Africa grow have dimmed. For one, estimates of tourism, a major revenue driver, have fallen. But more striking than the economic impact of the event have been reports about organizers evicting hundreds of shopkeepers from the vicinity of match venues. At stake are corporate contracts and public relations drives.

The 1995 event ended as a sign of unity and hope. As the 2010 event approaches, that uplifting symbolism of the Rainbow Nation has been sadly lacking.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 09 Jun 2010, 09:12 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App