Western Cape tourism can help SA course-correct its economic trajectory
The sector contributes about 9% to SA’s GDP
The tourism sector in the Western Cape is booming, adding more than 20,000 jobs, with foreign tourist spend increasing by R4bn in the past three years, according to a mid-term report back on the province’s strategy to grow the sector, known as Project Khulisa. The tourism sector is key for the Western Cape economy, and the province is widely regarded as SA’s most attractive tourism region. The sector currently contributes about 9% to SA’s GDP. The National Development Plan earmarks this industry as one of the main drivers of economic growth and employment. "I am pleased to announce we have added 26,000 jobs to the tourism sector, taking us closer to our goal of adding up to 100,000 jobs by 2019," said Western Cape Economic Opportunities MEC Alan Winde. "In line with our objective to position the province as a business destination, we have increased the value of conference bids secured from R280m in 2014, to R425m in the 2016-17 financial year. This year alone, we have added more tha...
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