The tourism industry is hoping for a boost after the president unveiled a more than R1 billion fund on Tuesday.
The Tourism Equity Fund is aimed at drawing more black entrepreneurs into a sector ravaged by the coronavirus pandemic and shutdown.
“This industry supports about one-and-a-half-million direct and indirect jobs but this is not nearly enough.”
As President Cyril Ramaphosa explains, the majority of black-owned business ventures in tourism will benefit from the fund.
“This is a sector that is in the main labour intensive and therefore has immense job creation potential.”
-EWN
In other news – Sbahle Mpisane shows off her assets while bathing – Photo
Mzansi’s fitness bunny Sbahle Mpisane is back to making trends once again.
The fitness influencer took to her Instagram to share her love for hygiene. She did so by posting a picture of her n@ked in the shower. Instead of focusing on the message they were floored by the picture. Learn More
The post COVID-19: Tourism sector hopes equity fund will provide major boost first appeared on News365.co.za.
No comments:
Post a Comment