The World Cup is no economic boon for South Africa


“It remains the most stirring South African sporting moment. The country’s Springbok rugby team had just won the World Cup of 1995, uniting South Africans of all colours. Nelson Mandela walked on to the pitch wearing a Springbok jersey, shook hands with South Africa’s captain Francois Pienaar and said, ‘Francois, thank you very much for what you have done for our country.’ Pienaar famously replied: ‘No, Mr President, thank you for what you have done for our country.'” (FT – Simon Kuper)

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