Support for ailing tourism sector will be guided by BEE, says minister
Mmamoloko Kubayi-Ngubane says preference will be given to enterprises with the highest score in terms of the empowerment
Tourism minister Mmamoloko Kubayi-Ngubane is insisting that support for distressed firms and establishments in the sector will be guided by empowerment (B-BBEE) codes, a move that could disqualify many companies from accessing government funding to mitigate the effect of the coronavirus.
The coronavirus crisis has brought tourism activity to sudden stop across the globe as governments implement extreme measures to curb the spread of the disease. Like many of his counterparts around the world, President Cyril Ramaphosa announced a 21-day lockdown in March, which is due to end on April 16...