27 Jan 2021 by Moneyweb

R1.2bn Tourism Equity Fund launched to bolster transformation

New funding source for black-owned small businesses and entrepreneurs in an industry hard-hit by Covid-19.

R1.2bn Tourism Equity Fund launched to bolster transformation

President Cyril Ramaphosa announced plans to launch the fund in his State of the Nation Address last February, before the pandemic dealt a severe blow to both established and emerging participants in the sector.

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