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Govt launches R1.2bn tourism fund which Ramaphosa says will accelerate transformation of the sector

holgs/Getty A tourism equity fund of over R1.2 billion will provide a combination of debt finance and grant funding. The aim is to accelerate the pace of achieving our transformation goals, according to President Cyril Ramaphosa. Ramaphosa encouraged qualifying businesses not to hesitate and to apply as soon as possible.  A tourism equity fund worth over R1.2 billion was launched by government on Tuesday. It was created by the Department of Tourism, in partnership with the Small Enterprise Fi...
South Africa South African Mmamoloko Kubayi Ngubane Cyril Ramaphosa Department Of Small Business Development Department Of Tourism
Source: news24.com

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