South Africa is making headlines in the golfing world in more ways than one. Just days after Charl Schwartzel’s brilliant victory in the 2011 US Masters at Augusta, the news has come through that South Africa will host a $10 million World Golf Championship (WGC) event in 2012.

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The event will be called the ‘Tournament of Hope’ and will see the world’s top 70 players competing for the title and prize money. A five year contract has been signed and this will see the championship event running from 2012 to 2016.

The Tournament of Hope will be the fifth World Golf Championship event – the others being the Accenture Match Play Championship in Arizona, the Cadillac Championship in Florida, the Bridgestone Invitational in Ohio and the HSBC Champions in Shanghai, China.

Talks are under way to schedule the event for the latter part of the year, avoiding clashes with other major golf tournaments. The organisers are also hoping that the event can take place as close as possible to World Aids Day on 1 December – as an important part of the Tournament of Hope will be raising awareness for HIV/Aids and poverty.

As yet, no venue has been chosen to host the Tournament of Hope but let’s hold thumbs for the Western Cape. With the world’s top ranked players competing, local and international fans will be queuing up to watch this multi-million dollar golf tournament take place in South Africa.