http://www.economist.com/world/africa/displaystory.cfm?story_id=

The doubters are so far being proved wrong WHEN, in 2004, South Africa was chosen to be the first African country to host football’s World Cup many fans around the world were doubtful. South Africa would mismanage it, they said. It would be a commercial flop. They mooted Australia as an alternative should South Africa’s organisers fail to get their act together. Five years on, the doubts have diminished as new stadiums rise up across the country. Indeed, next year’s tournament may turn out to be the most profitable yet, thanks to the sale of broadcasting rights.As a dress rehearsal for the big event, South Africa hosted the Confederations Cup, featuring the champions of the world’s six regional football federations, plus Italy (the current holder of the World Cup) and South Africa (the host). It was won by Brazil by 3-2 in a thrilling final against the United States on June 28th. ...