ECONOMY

 

Tourism sector drops soon

 

NEWS

May 6 th, 2015

The SA’s tourism industry is expected to experience a slump after the wave of xenophobic violence that struck many parts of the country last month. Several countries like the United Kingdom, Australia and the United States have issued warnings to their citizens not travel to SA unless they have good reason to do so. Tourism is one of the SA’s fastest growing sectors, contributing to one third of GDP, according to Mmatsatsi Ramawelo, managing director of SA Economic Council of tourism. SA should generate nearly R7.2bn in revenue per year which creates some 225,000 jobs. Delegates from other African countries also have cancelled bookings in fear of violence and attacks on them.


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