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Low-cost South African airline FlySafair, King Shaka International Airport in Durban and Cape Town International have performed well on a global ranking of on-time airlines and airports.
Tsogo Sun Hotels is still only trading at 50% of rooms occupied prior to the Covid-19 pandemic and occupancies are still far below the group's long-term average.
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 Finance Agency, which falls under the Department of Small Business Development. The fund will provide ...