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    Weak currency costs World Cup hosts more

    Reuters

    Wednesday, December 10, 2008

    South Africa will finish building all 10 stadiums for the 2010 World Cup on time although the cost will be higher than forecast due in part to a weaker rand, a senior official said on Wednesday. "All of the stadiums will be complete and there is no doubt about that," Danny Jordaan, chief executive of the 2010 local organising committee, told a news conference. "Some of the (construction) materials will be procured outside the country. As the rand weakens, there will be some cost overruns," he ...

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