Cost of 2010 stadiums hit by weak rand

"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 said, noting that the price of oil added another layer of unpredictability to the process.

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