Primedia Broadcasting reports the City of Cape Town has pulled out of the race for the 2020 Summer Olympic Games.
Cape Town and Durban were the two cities in the lead as possible South African candidates for the 2020 Games.
City of Cape Town spokesperson Pieter Cronje said although Cape Town was now regarded as a leading international sports destination, it simply costs too much to host the event.
He said, “preparations for the event will require a huge investment in public transport and other infrastructure and we do not think that now is the appropriate time”.
