Judgment reserved in court challenge of govt's tourism equity fund criteria

The coronavirus pandemic and related lockdowns have been particularly devastating on SA's tourism industry.
Government has announced a Tourism Equity Fund, which does not relate to Covid-19 relief, but focuses on transformation in the industry.
Solidarity and AfriForum are challenging the focus of the fund, claiming the industry as a whole needs help urgently.
Judgment was reserved in the North Gauteng High Court on Friday in an urgent court application brought by Solidarity and AfriForum in relation to requirements to benefit from government’s Tourism Equity Fund (TEF).
The R1.2 billion TEF was announced earlier this year. It involves R606 million to be contributed by the Small Enterprise Finance Agency (SEFA) and R594 million by an unnamed "strategic bank co-funders". The aim of the fund is to enhance transformation in the tourism industry.

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