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(From Business Day (South Africa))
Byline: Andrew Gillingham
World cup offers opportunities IN THE run-up to the Soccer World Cup, SA will be engaged in considerable infrastructure development.
Glenn Povey, senior manager at Absa Corporate and Merchant Bank, says it opens opportunities for South African companies, who may find they need to carry out mergers and acquisitions. A host of different sectors from banks to construction companies will be involved, he says.
The world cup affects the whole economy, including construction, hotels, car hire and banks that will provide …