Band-Aid measure on tourism sector
The government, though, has seemingly offered a helping hand in committing to back the R1.2 billion Tourism Equity Fund.
A woman enjoys a bus ride with the resumption of the tourism sector on September 24, 2020 in Durban, South Africa. It is reported that the City of Durban is urging locals and visitors to re-discover South Africa’s “warmest place to be” (Photo by Gallo Images/Darren Stewart)
There is a grim line in the war movie Apocalypse.
Now which, sadly, aptly describes the government’s relationship with the tourism and hospitality industry: “We’d cut them in half with a machine gun and give them a Band-Aid…”
The Covid-19 lockdowns have already cost the sector billions of rands in lost income and tens of thousands of jobs have gone – most never to return.
If the current restrictions on the sale of alcohol and the night-time curfew are not relaxed soon, many businesses will not last another month.
Some are probably going under as you read this.
ALSO READ: Tourism Equity Fund launched amid worst time for sector
The government, though, has seemingly offered a helping hand in committing to back the R1.2 billion Tourism Equity Fund.
That is a Band-Aid measure, given that the sector generated a turnover of about R400 billion annually.
It also doesn’t come without strings as, clearly, this assistance will be used as a way to fast-track transformation in the industry.
While that is a laudable objective, surely we need to think about saving as many businesses as we can and “transforming” them later, rather than trying to grow new, empowered ventures.
Shouldn’t this be a time to focus on partnerships and mentoring for the survivors, however few there may be?
READ MORE: New tourism fund but ‘a drop in the ocean’ of what is needed for industry
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