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  • Business
    July electricity tariff hikes pile pressure on South Africa’s small businesses. 

Photo: Sourced

    Tariff hikes hit SMEs as new electricity costs take effect

    Thulamela itensifies crackdown on illegal trading in Thohoyandou

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    the City of Tshwane conducted an inspection operation at Navy House, a multi-tenant commercial building on Madiba Street known for housing dozens of small beauty businesses. Photo. Facebook

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    A long wait for care at a hospital gave Sibongile Mongadi an idea for her business. Photo. Supplied

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Photo: DSBD

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    SME funding has improved access to finance through the partnership between Ozow and Lula.

    Ozow and Lula partner to boost SME funding access in SA

    Entrepreneurs are increasingly citing compliance barriers, poor communication and rigid lending criteria as major obstacles to accessing capital.

    SMEs still locked out despite billions in available funding

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    Limpopo is positioning tourism infrastructure as part of a broader economic development strategy aimed at attracting investors. Photo. Lucas Ledwaba\Mukurukuru Media

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    The delegation from the province's five districts showcased accommodation, wellness services, cultural tourism and adventure experiences to both local and international buyers. Photo. Ledet

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    Southern African countries are looking to tap into the multi-million dollar bird watching tourism sector. Photo. Pogiso Heaven Modise\Heaven Wildlife Photography

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    As Africa’s Travel Indaba returns under the theme Unlimited Africa: Growing Africa’s Tourism Economy, emerging operators say the high cost of visibility continues to shut smaller players. Photo. Department of Tourism

    Locked out: why tourism SMEs miss SA’s R2-trillion table

  • Advertise
  • Resources
    • All
    • Business Tools & Templates
    • Compliance & Legal
    • Funding & Opportunities
    • Thoughts & Sharing tips
    • Township Policy & Government
    A multi-billion-rand manufacturing boom is taking shape as South Africa accelerates industrialisation through regional value chains under the Southern African Customs Union (SACU).

    How SMEs can win big from SACU’s new industrial hubs

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    How to improve your chances of scoring that business loan

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    Junior Makgoka, the founder of JJ Café in Moletjie, a sprawling village settlement west of Polokwane, is carving out a remarkable entrepreneurial path. Photo. Lucas Ledwaba\Mukurukuru Media

    How SMEs can tap into 10 overlooked funding opportunities

    The Spaza Shop Support Fund is not reaching as many township and rural businesses as intended. Lucas Ledwaba\Mukurukuru Media

    Township spaza owners say fund remains out of reach

    Many businesses are building their online presence on platforms they do not own, which means they have no real control over how their content is shared or seen.

    How small brands turn social media into free marketing power

    Turning a side hustle into a formal business can help grow your income. Photo. Shutterstock

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Tourism body warns of carnage if lockdown level changes

by Tebogo Mokwena
January 7, 2021
in Tourism
Reading Time: 3 mins read
A A
Sun City Resort is one of the best tourist attraction in SA. Picture: Supplied

Sun City Resort is one of the best tourist attraction in SA. Picture: Supplied

If South Africa is placed under a harsher lockdown, the tourism industry will be decimated, warns Tourism Business Council of South Africa CEO Tshifhiwa Tshivhengwa.
This follows the government moving to lockdown level three due to soaring Covid-19 infections, which included banning alcohol again.
He told Vutivi News that because alcohol and the freedom to travel were a large part of the sector, livelihoods would be severely affected by a stricter lockdown.
Tshivhengwa said that alcohol sales were a significant boost for profit margins for hotels and restaurants, and other tourism sector-related businesses.
“When you have a ban on alcohol, you’re going to have a negative impact on a lot of industries,” he said.
“Sales will be down, and as a result many restaurants will close, even more than those that have already closed their doors for now until such a time when the ban
is lifted. There are also employees that are dependent on tips who are without jobs…”
On some countries placing a travel ban on South Africa, Tshivhengwa said the decision was hasty.
“The important thing is that it is premature for these countries to ban us because of the (new) Covid-19 variation in South Africa,” he said.
“We haven’t even received a report from the scientists that informs us that this variation is deadlier or what if it deals more damage than what the first one did. This is not in the spirit of countries working together.”
Tshivhengwa said that the country’s tourism sector depended on some of the countries that had banned travel, such as the United Kingdom, Germany and Switzerland.
He said it was crucial that infections did not skyrocket.
“What’s important is that we control the rising number of infections. This is on the backdrop that people from international countries don’t want to travel when there is a high number of infections.”
Tshivhengwa warned that if the infection rate continued to rise, it would sound the death knell for the sector.
“Any stricter regulations will just finish off what’s left of tourism. We have been closed for a while and only opened for a little bit, which is not good for businesses,” he said.
Tourism was one of the last sectors to open after the government started easing lockdown restrictions.
He also appealed to banks to offer some relief via extended payment periods, and said these deals needed to happen quickly because companies were shutting doors, while others were falling deeper and deeper into debt.

Tags: Covid-19 and tourismTourism and alcohol banTourism and banksTourism and travel
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