Tourism department reprioritises R540m for equity fund

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Tourism department reprioritises R540m for equity fund eNCA

JOHANNESBURG - The tourism industry warns it's making a painfully slow recovery from the COVID-19 lockdown.

The Tourism Business Council of South Africa CEO, Tshifhiwa Tshivhengwa, says the R540 million from the Department of Tourism, reprioritised over the medium term to establish the Tourism Equity Fund, will be of some aid."This a start, and the equity fund is much suited for those who want to expand their businesses and those who want to come into the industry," says Tshivengwa.Tshivengwa goes on to say that he hopes there is an uptake of people who want to participate in the industry.

 

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You must answer for your Journalist’s behaviour

Racists

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Another loop hole to raid the money box ?

Equity is a new world order Sustainable Development Term. What it really means is the middle class and poor become poorer while the wealthy increase their wealth. It has nothing to do with uplifting the poor. The poor will remain permanently poor. It's called equity

Can you please address the racism story, we want to see how you'll go about defending one of your journalists

Racist fund

And when are you guys covering the metrobabe story?

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