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Searching for it — not quite feeling it — in Polokwane

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- Searching for it — not quite feeling it — in Polokwane The fan fest sounded like a wild party with the vuvuzela horns booming through the empty streets of Polokwane town, one of the smallest of 10 venues for the first World Cup on African soil. Everyone must be there, we thought as there was little going on for a Saturday night in the northern South African town. Even the local Nandos restaurant on the main street shut by 8 p.m. But on closer inspection the soccer fan fest — loud as it was — was also pretty deserted. Soccer fever has yet to reach Polokwane. A sleepy town of just 500,000 people, it was hard to imagine Polokwane, which means place of safety, would host its first World Cup soccer match in less than 24 hours. In Johannesburg or Cape Town you could definitely “feel it”. Here we weren’t so sure. Driving through the town’s eerily deserted streets searching for a restaurant where we could eat and watch the soccer, we discovered that was not an easy find. It was also hard to imagine what long-term benefit the town would see from being a host city. While for the four matches to be played in Polokwane the few hotels on offer for tourists were full, in between there were plenty of rooms at the inn. No team was staying nearby which would bring with it the paraphenalia of adoring fans or news-hungry media and the associated business. Those playing were flown in for pre-match training, again the day of the match and ferried back straight after. Police closed down the roads near the stadium on the edge of town the night before. But those fearing traffic similar to the four-hour long queues witnessed in Johannesburg trying to get to Soocer City need not have bothered. The streets were empty, the car parks empty and — just 30 minutes before kick-off — the stadium was half empty. By the second half, the stands were just about three-quarters full, though the blasts of the vuvuzelas compensated for the missing supporters. The Peter Mokaba stadium almost looked like they hadn’t had time to finish painting it, with the stark grey concrete of the outer wall in direct contrast with Soccer City in Johannesburg’s brightly coloured exterior. The inside was still coated in construction dust and most of the refreshment stands remained shuttered and closed during the match. Just two hours after the players left we found ourselves the lone figures in a dark stadium struggling to see the keyboard as we tapped out the finishing touches to our stories. Even the name of the stadium was controversial. Mokaba was the African National Congress (ANC)’s youth league leader who, like his current counterpart Julius Malema, was fond of the phrase “Kill The Boer,” which upset many Afrikaners. Ironically there’s not even a local soccer team to make use of the sparkling pitch. Residents said the Rai Stars disbanded long ago and the nearby promising Black Leopards team are based more than 150 kilometres away in a less than World Cup standard stadium. <http://www.blackleopardsfc.com/10_stadium_info.htm> The Dynamos train 100 kilometres away. Neither team play in the country’s top league. “You can’t help thinking this huge stadium will just be derelict and empty in a few years time,” said one hotel worker.

Polokwane StadiumThe soccer fan fest sounded like a wild party with the vuvuzela horns booming through the empty streets of Polokwane town, one of the smallest of 10 venues for the first World Cup on African soil.

Everyone must be there, we thought as there was little happening on a Saturday night in the northern South African town centre.

But on closer inspection the soccer fan fest — loud as it was — was also pretty deserted. Soccer fever had yet to reach Polokwane.

A sleepy town of just 500,000 people, it was hard to imagine Polokwane, which means place of safety, would host its first World Cup soccer match in less than 24 hours. In Johannesburg or Cape Town you could definitely “feel it”. Here we weren’t so sure.

World Cup Bonus for Workers

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SOCCER-WORLD/STADIUMSSoccer City in Johannesburg will be home to the opening and the final of the FIFA World Cup this year. On Monday, the men and women who helped build the stadium were given letters that assured them of two free tickets to the opening match.

120 000 tickets will be distributed to construction, community workers and children as part of a FIFA initiative to make sure that regular South Africans, who would normally not have the opportunity to go watch a World Cup match, can see their soccer heroes in the flesh.

An icy black swan

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GuestinvestecBy Jeremy Gardiner, director, Investec Asset Management
There is a term in financial markets known as a black swan event. This term describes an event that has a significant impact on financial markets, but which could not / was not predicted by anyone. A volcano in Iceland leading to massive ‘eruption disruption’ certainly could not have been predicted by anyone. Certainly, market commentators were expecting some form of financial explosion out of Europe, but not a volcanic one!

 Fortunately it seems to be ‘blowing over’ and within a week the world should be back to normal. However, this, together with charges against Goldman Sachs and ongoing fears over Greece, could just have provided the catalyst for the much expected correction markets have been anticipating for close on six months now.

Flashlights or a blackout-free soccer bonanza?

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South Africa’s power utility Eskom has assured the world it will keep the lights on during the FIFA World Cup next year.

But many wonder if they can trust the assurances after the country’s national grid came to a near standstill last year, forcing mines and smelters to shut and costing the biggest economy in Africa billions of dollars.

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