sector

Tourism Minister Mmamoloko Kubayi-Ngubane. The tourism sector has lost billions in revenue since the start of the national lockdown aimed at curbing the spread of Covid-19.Tourism Minister Mmamoloko Kubayi-Ngubane has told Parliament that more than 400 000 jobs are now at risk.A recovery plan for the sector is expected to be submitted to Cabinet next month.South…

Afrimat started off as a construction and building materials supplier, but diversification has paid off. Construction has declined by 4.7% in the first quarter.However, despite the dire straits of the sector, iron ore continues to bolster Afrimat as its diversification strategy pays off.Afrimat plans to add Unicorn Capital partners to its list of businesses.Diversifying beyond…

New scenario models by the World Travel & Tourism Council indicate up to 197 million job losses if the industry is only widely opened again by September.The Tourism Business Council of SA predicts about 600 000 direct tourism jobs will be lost in 2020 alone.Government foresees domestic leisure tourism will likely only be able to…