TEF to revive the tourism industry gcis vuk uzenzele > By gcis vuk uzenzele - 19 February 2021 - 07:00 Many colorful houses, Bo Kaap district in Cape Town. Image: 123RF/robru.
Government has committed R1.2 billion towards the renewal of the South African tourism sector over the next three years.
This was announced by Tourism Minister Mmamoloko Kubayi-Ngubane at the launch of Tourism Equity Fund (TEF) recently.
As part of South Africa’s Economic Reconstruction and Recovery Plan, the TEF aims to drive transformation through advancing equitable opportunities to ensure inclusive economic growth in the tourism sector.
“Broadening participation in the tourism sector to South Africans of all races, ages and genders can only enrich the tourism sector to be more competitive and sustainable in the long run,” says Minister Kubayi-Ngubane.