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02 June 2021 - 14:31
Our economy will only experience sustainable and inclusive growth if, in its quest to grow the economy and pursue more profit, it draws on the entrepreneurial spirit that exists in South Africans of all races, says tourism minister Mmamoloko Kubayi-Ngubane. File photo.
Image: GCIS/JAIRUS MMUTLE
Tourism minister Mmamoloko Kubayi-Ngubane has reiterated her department’s stance to defend the Tourism Equity Fund (TEF), which is at the centre of a court challenge brought by lobby groups Solidarity and AfriForum.
“For our part as the department of tourism, we have announced our intention to defend the Tourism Equity Fund against AfriForum and Solidarity, who have brought a court application challenging the legality and rationality of using 51% black ownership/managed qualification criteria for the fund and saying it’s unconstitutional,” said Kubayi-Ngubane at the Black Business Summit held in Johannesburg on Wednesday. ....

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