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Its goal is gaining support from South African companies. Africa's
largest transport and logistics company Transnet has announced that
it will sponsor the South Africa Football Association's (SAFA) bid
for the 2010 Soccer World Cup to the tune of R12m cash and some
R4m in services. Besides Transnet, the other South African companies
which are also official bid supporters include Anglo American, Vodacom,
BMW and Telkom.
The event has never taken place in South Africa in the past. Like
the Cricket World Cup, the country is looking at the Football World
Cup as being important in both business and cultural terms. Transnet
CEO Mafika Mkwanazi added that Transnet's business units and subsidiaries
would play a significant role in supporting the bid process by providing
strategic transport and logistics services to supplement the cash
sponsorship of R12m.
He was quoted in an official release saying, "Transnet's sponsorship
for the 2010 World Cup bid complements the extensive sport development
programmes funded by the Transnet Foundation. These focus on rural
development, providing infrastructure and facilities and sponsoring
a series of events to advance the development of role models for
the youth of our country."
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