South Africa could be back in the Olympics by 1996, according to an anti-apartheid sports leader just returned from a fact-finding trip to the country.

"For the first time, I can see light at the end of the tunnel," said Sam Ramsamy, executive chairman of the South African Non-Racial Olympic Committee.

Ramsamy, who fled South Africa 18 years ago because of his anti-apartheid activities, has briefed Jean-Claude Ganga, head of the African association. Ganga is expected to send a report this week to International Olympic Committee President Juan Antonio Samaranch.

It also is expected to be discussed next month at a meeting of anti-apartheid sports leaders in Stockholm, which Samaranch and Ganga are scheduled to attend. Sports officials from South Africa and black African nations are due to hold formal talks, for the first time, in November.

The last time South African athletes competed in the Olympics was 1960 in Rome. Three years later, South Africa was suspended by the IOC for apartheid and thrown out in 1970. . . .

Final financial results are weeks away, but the Goodwill Games Seattle Organizing Committee said Saturday it does not anticipate anything like the $44 million it cost TBS to sponsor the Games.

"Based on everything we have looked at, we are going to come out okay," board member Herb Bridge said. "We will balance the budget."

The nonprofit organization, a separate entity from TBS with its own budget of $68 million, might even make a small profit, he said, which would go to charity.