Gov�t called to review Tourism Policy
Friday, June 23, 2017
While it analyses the tourism value chain, the report says the tourism policy, developed in 1990, has been in place for over 25 years, noting that some areas are less relevant to the current tourism market.
It highlighted that there are also regulations that are creating barriers to entry for small, medium and micro-sized enterprises (SMMEs), preventing some small-scale operators to be involved in the tourism sector.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...