Durban was awarded the Games in 2015 as the only city to make a confirmed bid and it was to have been the first African host of the event.
She said they will want to have it tidied up in a few months and they are optimistic there are cities interested and capable of meeting the requirements.
The Commonwealth Games Federation has stripped Durban has been stripped of the event, after it failed to meet financial and other key commitments.
It had been estimated that staging the Games in Africa for the first time would have cost at least ZAR8 billion (£498 million/$607 million/€567 million).
"The likes of Jamie Carragher, Katarina Johnson-Thompson and Tony Bellew are among the sporting figures who've offered their support to Liverpool's 2026 bid".
The 2018 games will be held in Sydney, Australia, with the countdown officially being set off today at Buckingham Palace. Like the Olympics, they are held every four years, with athletes from more than 50 different countries taking part.
Gas prices dip as crude prices decline
To put it in perspective, this time last year, gas was $1.79 per gallon compared to five years ago when it was $3.68 per gallon. Georgia drivers previous year were paying about $1.875, while metro Albany motorists were paying $1.87.
Mbalula said of South Africa's concerns over hosting the event: "We gave it our best shot but we can't go beyond".
"Here in Birmingham we are already in the advanced stages of producing a detailed feasibility study on what would be needed for a truly memorable games in the city", said Ian Ward, the deputy leader of Birmingham City Council in a statement.
But ever since it won the games as the sole bidder in September 2015, Durban missed deadlines to provide the financial guarantees. However, "the South African government has been unable to come to agreement with the Commonwealth Games Federation over paying for the tournament", says the BBC.
Liverpool has already expressed interest in replacing Durban.
"Nobody can take blame for this, we were all in good spirits about doing it so I don't think we can apportion blame".
"Besides, it would have made it increasingly hard for another potential host city if we had delayed the process any further", said Sam.