Hon Speaker, on 26 May 2011 we recommended to Cabinet that they consider endorsing the intention by the SA Sports Confederation Olympic Committee to bid to host the 2020 Olympic Games. Cabinet decided not to endorse the intention by South Africa to bid for the 2020 Summer Olympic Games.
Cabinet's rationale is that the cost implications are too high and the country should focus its attention on consolidating the gains made from the 2010 Fifa World Cup. Cabinet also decided that at this moment in time the resources of the country will be better spent on the delivery of basic services to all South Africans.