Tourism-dependent businesses have been particularly hard hit during the Covid-19 pandemic as border closures and travel restrictions prevent the usual flow of holidaymakers from Europe and elsewhere. The identification of a new coronavirus variant in South Africa late last year only exacerbated the situation, putting the country on many nations’ lists of places to avoid.
Under normal circumstances, tourism accounts for 2.9% of South Africa’s economy and about 1.5 million jobs, President Cyril Ramaphosa said at the launch.
“This is a sector that is labor-intensive, and therefore has immense job creation potential,” he said. “It generates foreign-direct investment and significant export earnings. It stimulates and supports the development of small businesses.”
The focus on black businesses is part of the government’s efforts to improve economic opportunities to those discriminated against during apartheid.
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Can we have a web site where all monies paid out is recorded …name of recipient, area , town, business name, amount, etc
this way , we the public can become an independent watchdog
must have a red line to report
HA, HA, another way that connected Government employees will be able to buy out established tourism companies and make more undeserved money. This is so blatantly not about helping existing businesses and business owners.
Kiss at least half of it goodbye. We can’t afford vaccines but we can afford to keep on filling the feeding trough.