One in 22 working South Africans are employed in the tourism sector. It directly contributes 2.9% to South Africa’s gross domestic product. In 2017 tourists spent just over half a million rand every minute or R277 billion for the entire year in South Africa, according to Stats SA. All this has changed with COVID-19 and lockdown. The industry has been brought to a virtual standstill. But as the country moves to phase 4 of lockdown what measures and funding are in place to help kick-start the industry? Is it enough? Find out on this riveting #BusinessTomorrow Zoom virtual panel discussion.
The post COVID-19: How to kick-start SA’s small, medium & large tourism businesses appeared first on CNBC Africa.