NO MORE CHEAP TICKETS FOR BAFANA FANS - 31 Aug 2010
South African football supporters can expect to pay no less than R50 to watch Bafana Bafana, after the SA Football Association announced that the days of cheap tickets are over. read more
Finance News Articles
SEDIBE CONCERNED AT INFLATED STADIUM COSTS - 27 Aug 2010
South African Football Association CEO Leslie Sedibe, has admitted that he is concerned that certain World Cup stadium managements could price the venues ‘out of the market.’ read more
IMPROVED PAY DEAL FOR SA CRICKETERS - 25 Aug 2010
Professional cricketers in South Africa have secured their futures with a new and improved playing contract after the SA Cricketers' Association (SACA), Cricket South Africa (CSA) and the six franchises put pen to paper on a four-year deal. read more
US OPEN WINNERS TO BAG R12.5M - 25 Aug 2010
The singles winners of the US Open tennis tournament will pocket a record R12.5m and even first-round losers will earn R140,000. read more
CSA keeps quiet over bonus payments - 16 Aug 2010
Cricket South Africa (CSA) has refused to comment on bonuses paid to their employees until a review is completed by an independent audit committee. read more
CSA hands out R4.7m in bonuses - 13 Aug 2010
Cricket South Africa has awarded 40 members of its staff a total R4.7m in bonuses for the successful hosting of the Indian Premier League and ICC tournaments. read more
IAAF will not cut prize money - 09 Aug 2010
The International Association of Athletics Federations president Lamine Diack has assured athletes that prize money at major events will not be cut as part of a R144.6m £12.5m money-saving programme. read more
US group pulls out of F1 2011 bid - 02 Aug 2010
US-based Cypher Group has ended its interest in joining F1 next season, citing a lack of funding to complete its programme. read more
ASA decreases Soweto marathon money - 30 Jul 2010
The ASA has confirmed that the 2012 Soweto Marathon is set to take place... read more
KwaZulu-Natal praised for WC budget - 30 Jul 2010
The KwaZulu-Natal government has been praised for sticking to a tight budget during the 2010 FIFA World Cup. read more
Ecclestone: teams may not finish season - 30 Jul 2010
F1 supremo Bernie Ecclestone has admitted that some teams might not have the financial resources necessary to continue racing until the end of the 2010 season. read more
Company saves club from liquidation - 29 Jul 2010
Bay United has avoided going into liquidation after it was bought by Seshego-based company Striving Mind Trading 522. read more
US Open prize money increased - 26 Jul 2010
The US Open prize money will top $22.6m this year, an increase of $1m compared to 2009, according to the US Tennis Association. read more
Soweto exec criticises ticket offer - 23 Jul 2010
A Soweto rugby administrator has slammed the offer of discounted tickets for township residents to attend South Africa’s match against New Zealand at the newly named National Stadium next month as ‘an insult’. read more
Visa World Cup spending up 70% - 15 Jul 2010
Visa has reaped the benefits of its sponsorship with the 2010 FIFA World Cup as spending on Visa cards in South Africa increased 70% during the World Cup. read more
Spain earns R228m for World Cup win - 12 Jul 2010
The Spanish Football Association collected a record R228m for... read more
Zuma: World Cup an economic success - 07 Jul 2010
South African President Jacob Zuma has hailed the the World Cup as a huge economic success for the country with R38bn being be added to South Africa’s GDP. read more
SAFA to account for FIFA's R1bn - 29 Jun 2010
SAFA will have to account to Parliament on how it intends to invest the R1 billion to be given to the football governing body by FIFA after the South Africa World Cup. read more
Zuma predicts 0.3% economic lift - 25 Jun 2010
South African President Jacob Zuma has stated that the World Cup is predicted to boost economic growth in the country by at least 0.3% this year. read more
World Cup gives SA ad industry R1.5bn boost - 22 Jun 2010
The advertising economy in South Africa is set to receive a massive R1.5bn boost this year off the back of the World Cup according to forecasts released by Group M, the combined media buying operation of marketing services network WPP. read more
2010 World Cup insured for R68bn - 07 Jun 2010
The 2010 World Cup in South Africa has been insured for more than R68.35bn, according to Lloyd's of London, the world's biggest insurance market. read more
Bafana players' win bonuses revealed - 07 Jun 2010
Bafana Bafana players will receive around R4m each and a new Mercedez Benz car - but only if South Africa win the 2010 World Cup. read more
IRB maintains £48m investment - 04 Jun 2010
The International Rugby Board has unveiled its financial results for 2009 maintaining a £48m investment into the development of the game worldwide in accordance with its Global Strategic Investment Programme. read more
WC price hike for Gauteng hotels - 26 May 2010
The majority of Gauteng establishments are charging more than 50% above standard accommodation prices during the 2010 World Cup, a survey released by the tourism ministry has found. read more
Bidvest wits players to get R3m for win - 24 May 2010
The BIDVest Wits coach Roger De Sa has promised his players at least half of the R6m prize after the team triumphed in the Nedbank Cup final with a 3-0 win over AmaZulu. read more
Ticketing strategy changes for Super 14 Final - 24 May 2010
The ticketing strategy for the Vodacom Super 24 final between the Bulls and Stormers has changed, as Bulls staff are aiming to categorise the tickets in order to give first priority to season ticket holders. read more
Modi responds to corruption charges - 17 May 2010
Lalit Modi, the suspended chief executive of the Indian Premier League, has issued his formal response to the Board of Control for Cricket in India (BCCI) following his dismisaal over charges of corruption. read more
FIFA admits R735m handout to South Africa - 11 May 2010
FIFA general secretary Jerome Valcke has admitted that an extra R735m had to be given to the World Cup local organising committee to ensure preparations for the teams’ base camps for the tournament in South Africa were completed. read more
BCCI gives Modi deadline extension - 11 May 2010
The Board of Cricket Control for India (BCCI) has given suspended Indian Premier League chief executive Lalit Modi more time to reply to allegations of corruption against him dating back to the inaugural IPL season in 2008. read more
SAFA to rescind World Cup bonuses - 29 Apr 2010
The new board of the South African Football Association (SAFA) is reported to have rescinded the previous regime’s decision to award inflated bonuses from the profits of this year’s World Cup. read more
Modi snubs IPL crisis meeting - 23 Apr 2010
The crisis in the Indian Premier League (IPL) has gathered pace after tournament organiser Lalit Modi declined to attend a meeting with the Board of Cricket Control in India (BCCI) to discuss allegations of match fixing and financial irregularities. read more
Pretoria races hit by police pull-out - 22 Apr 2010
Athletics clubs based in and around Pretoria are facing a financial crisis with as many as five road races set to be cancelled in Gauteng North due to unavailablity of the Tshwane Metro Police during the FIFA 2010 World Cup. read more
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