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Sun International secures easier loan terms to weather Covid hit - sources
9th July 2021 By: Reuters

Sun International has agreed easier borrowing terms with its lenders, two sources told Reuters, giving South Africa's biggest casino firm a year of financial breathing space as a third wave of... 


Settlement of Covid-19-related insurance claims remains problematic, says ICA
6th July 2021 By: Donna Slater

Insurance Claims Africa (ICA) CEO Ryan Woolley says it is clear from new research released on July 6, that the short-term insurance industry (STI) earned record profits during the pandemic. He... 


New restrictions putting many jobs at risk, commentators warn
28th June 2021 By: Donna Slater

Following President Cyril Ramaphosa’s announcement of the move to adjusted Alert Level 4 Covid-19 restrictions and the accompanying ban on alcohol sales, the South African Liquor Brandowners... 


Tourism dept says unable to reinstate Tourism Relief Fund
21st June 2021 By: Simone Liedtke

The Department of Tourism has confirmed that it is unable to reinstate the Tourism Relief Fund (TRF) owing to the unavailability of financial resources to do so. The department is, therefore,... 


Tourism dept to defend equity fund in court
31st May 2021 By: Tasneem Bulbulia

Tourism Minister Mmamoloko Kubayi-Ngubane on May 31 provided an update on the Tourism Equity Fund (TEF), saying the department intends to defend the matter in court. The R1.2-billion fund was... 


Report documents dangerous increase in illicit alcohol trade
28th May 2021 By: Simone Liedtke

A report by market research company Euromonitor International has indicated that illicit alcohol trade in South Africa has grown at a compound annual growth rate (CAGR) of 17% since 2017 and now... 


Tourism Minister Mmamoloko Kubayi-Ngubane
Rescuing tourism from pandemic 'devastation' is priority for the next year
19th May 2021 By: News24Wire

Rescuing tourism from pandemic 'devastation' is priority for the next year The main focus of the Department of Tourism during the current financial year will be on the implementation of the Tourism... 


Iata welcomes G20 guidelines for restart of international tourism
6th May 2021 By: Rebecca Campbell

The International Air Transport Association (Iata) – the global representative body for the airline industry – has welcomed the agreeing, by the Tourism Ministers of the Group of 20 countries... 


Tourism dept designs SMME Workshop framework as part of economic reconstruction, recovery efforts
4th May 2021 By: Yvonne Silaule

The Department of Tourism has designed a small, medium-sized and microenterprise (SMME) Workshop framework with a restorative and regenerative approach to build economic activity. Tourism Deputy... 


Cabinet approves Tourism Sector Recovery Plan to preserve R189bn in value
22nd April 2021 By: Yvonne Silaule

Cabinet has approved the Tourism Sector Recovery Plan, which Minister Mmamoloko Kubayi-Ngubane says will facilitate the preservation of R189-billion of value. The plan is also expected to enable... 


Consumer behaviour to remain restricted as household budgets continue to take strain – Deloitte
14th April 2021 By: Donna Slater

Although it is now well known that Covid-19 has subdued global economies and put strain on consumers’ willingness to splurge on non-essential items, professional services firm Deloitte shines a... 


Solidarity, AfriForum says tourism equity fund hearing to be held on April 13
12th April 2021 By: Marleny Arnoldi

Trade union Solidarity and civil rights group AfriForum will be in the North Gauteng High Court on April 13 for the hearing of their case against the Department of Tourism and Tourism Minister... 


Govt's R1.2bn Tourism Equity Fund not only for businesses that are 100% black-owned - minister
18th March 2021 By: News24Wire

Government's R1.2-billion Tourism Equity Fund is not only for businesses which are 100% black owned, but open to those which are at least 51% black-owned and controlled, Tourism Minister Mmamoloko... 


Southern Africa has ‘huge potential’ to benefit from the shift to green hydrogen
4th March 2021 By: Simone Liedtke

While there is growing momentum across the world in investing in hydrogen and the related import and export value chains, management consulting company Kearney MD Romain Debarre warns that there is... 


Tourism Minister Mmamoloko Kubayi-Ngubane
AfriForum, Solidarity to pursue legal options over Tourism Equity Fund
17th February 2021 By: Marleny Arnoldi

Trade union Solidarity and civil rights group AfriForum have announced that they will proceed with litigation against the Tourism Equity Fund (TEF) after having unfruitful talks with the Ministry.... 


Tourism sector has lost billions of rands, shed more than 300 000 jobs - deputy minister
Tourism sector has lost billions of rands, shed more than 300 000 jobs - deputy minister
10th February 2021 By: News24Wire

South Africa's tourism industry has lost billions of rand and more than 300 000 jobs due to the hard lockdown since the outbreak of Covid-19. Deputy Tourism Minister Fish Mahlalela said the impact... 


Tourism fund suspended as Minister agrees to talks with AfriForum, Solidarity
5th February 2021 By: Marleny Arnoldi

Trade union Solidarity and civil rights organisation AfriForum have welcomed the decision by Tourism Minister Mmamoloko Kubayi-Ngubane to suspend the Tourism Equity Fund’s (TEF's) activities until... 


South African safari lodge sets ESG standard
3rd February 2021 By: Schalk Burger

The Mdluli Safari Lodge, built as part of a community and private sector sustainable tourism initiative, has been awarded a AA+ grade by independent investment advisory firm Impact Capital Africa... 


RESTARTING THE INDUSTRY
Innovation in the industry will see a roll-out of hybrid events, mixing the onsite experience with digital services and products
Hybrid events to carry industry, physical format still needed
29th January 2021 By: Cameron Mackay

Innovation in the exhibitions, events and conferencing industry will result in a roll-out of hybrid events this year, says local exhibition company Specialised Exhibitions – a division of... 


ANDREW BINNING
While virtual events are not the preferred option, many companies would rather take part in virtual events than nothing as a way to market themselves
Company leverages global partnership for virtual events
29th January 2021 By: Cameron Mackay

Eastern Cape-based events organising company Inkanyezi Event Organisers has created the Global Partner Network, a group of leading event managers and trade facilitation leaders who will jointly... 


US implements new travel restrictions
US implements new travel restrictions
27th January 2021 By: Sane Dhlamini

From January 30, at 12:01am EST, entry will be suspended for all foreign nationals who were in South Africa during the 14-day period preceding their travel to the US. In a statement from the US... 


V&A Waterfront, in Cape Town
Govt launches R1.2bn Tourism Equity Fund
27th January 2021 By: Marleny Arnoldi

The Department of Tourism has launched the R1.2-billion Tourism Equity Fund (TEF), aimed at driving transformation in the tourism sector. The fund has been established in partnership with the... 


Insurer trying to limit Covid-19 business interruption payout indemnity to just three months
22nd January 2021 By: Rebecca Campbell

Specialist public loss adjustment company Insurance Claims Africa (ICA) has expressed disappointment, but no surprise, at major insurance company Santam’s latest manoeuvre in the seven-month-long... 


Kasada acquires African hotel portfolio from AccorInvest
20th January 2021 By: Donna Slater

Kasada Capital Management – through the debut fund, Kasada Hospitality Fund – has acquired a portfolio of eight sub-Saharan African hotels from AccorInvest. The transaction relates to the Pullman,... 


Santam trying to limit Covid-19 business interruption payout indemnity to just three months 
12th January 2021 By: Rebecca Campbell

Specialist public loss adjustment company Insurance Claims Africa (ICA) has expressed disappointment, but no surprise, at major insurance company Santam’s latest manoeuvre in the seven-month-long... 


Lockdown claims are capped and won't cripple insurers, say claimants
14th December 2020 By: News24Wire

Hotel and other hospitality establishment owners, whose lockdown claims remain in limbo as insurers await a Supreme Court of Appeal decision, say many of them may not live to see the end of the... 


Tourism dept, TIA embark on implementation of incubation programme
14th December 2020 By: Yvonne Silaule

The Department of Tourism and the Technology Innovation Agency have embarked on the joint implementation of the Tourism Technology Grassroots Innovation Incubation Programme (TTGIIP). The... 


Nelson Mandela Bay
E Cape govt launches summer tourism campaign amid escalating Covid-19 infections
4th December 2020 By: Yvonne Silaule

Despite spiking Covid-19 infections in the Eastern Cape, the province’s tourism department is gearing up to welcome tourists this summer. Finance, Economic Affairs and Tourism MEC Mlungisi Mvoko... 


Santam to apply to appeal against Covid-19 business interruption judgment against it
20th November 2020 By: Rebecca Campbell

Insurance group Santam announced on Friday that it was going to seek leave to appeal the recent judgment handed down against it by a full bench of the Western Cape High Court. The Court ruled that... 


Santam 'takes note' of business interruption ruling against it by W Cape High Court
19th November 2020 By: Rebecca Campbell

Insurance group Santam has stated that it “has taken note” of the ruling by the Western Cape High Court that the insurance group pay in full the business interruption claims of Ma-Afrika Hotels and... 


Western Cape High Court rules against Santam in Covid-19 insurance claims test case
18th November 2020 By: Rebecca Campbell

A full bench of the Western Cape High Court ruled on Tuesday afternoon that insurance group Santam had to pay in full the business interruption claims of Ma-Afrika Hotels and Stellenbosch Kitchen,... 


Bidcorp reports mixed first-quarter performance
17th November 2020 By: Tasneem Bulbulia

JSE-listed Bidcorp says that, in regions and countries where lockdown restrictions have been eased, it has seen demand in the discretionary spend sectors recover; however, any businesses associated... 


Western Cape's Maynier wants Covid-19 travel 'red list' scrapped
Western Cape's Maynier wants Covid-19 travel 'red list' scrapped
21st October 2020 By: News24Wire

The Western Cape government wants the Covid-19 travel "red list" scrapped because it is killing international tourism. "We are fighting hard to have this list scrapped," said Finance MEC David... 


Antigen tests to be rolled out at points of entry into South Africa
9th October 2020 By: Tasneem Bulbulia

Antigen tests for SARS-CoV-2 detection will be rolled out to all ports of entry in South Africa with immediate effect, the South African government has announced. It noted in an October 9 statement... 


Pandemic provides opportunity for African countries to grow domestic tourism
7th October 2020 By: Tasneem Bulbulia

The pandemic and the lockdown measures implemented to mitigate its spread, have hit the tourism sector the hardest; however, there is an opportunity for African countries to better promote their... 


Iata warns of massive job losses in African aviation sector
2nd October 2020 By: Tasneem Bulbulia

Industry organisation the International Air Transport Association (Iata) has warned that the damage being done to the African aviation industry and on economies by the shutdown of air traffic owing... 


Ministers clarify details of border opening approach
Ministers clarify details of border opening approach
1st October 2020 By: Marleny Arnoldi

The Ministers tasked with immigration, tourism, health, transport and international relations and cooperation have confirmed that three airports will be opened and operational for international air... 


South Africa says tourists from high-risk countries still barred from October 1
30th September 2020 By: Reuters

Leisure travellers from countries with coronavirus infection rates higher than South Africa, including Britain, the United States and France, will not be permitted to enter when South Africa's... 


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