LATEST NEWS

The pandemic holds a few silver linings for corporate travel

“When travel comes back, it may not be bigger, but it will be better.” These are the words of Bloomberg Travel Editor Nikki Ekstein, and she is 100% spot on. The world has fundamentally changed. And even though the headlines have been dominated with messages of travel restrictions, border closures and quarantine, there are also some […]

SAA

ASATA in the news: Taxpayers, SAA wants more money

South Africans were shocked to hear from Minister of Finance, Tito Mboweni, in his 2021 Budget Review last week, that SAA’s business rescue practitioners (BRPs) were asking for an additional R3,5bn in funding. “In the 2020 Budget Review, R16,4bn was set aside for SAA over the MTEF (Medium Term Expenditure Framework) period to settle legacy state-guaranteed […]

Department of Tourism launches Tourism Equity Fund

The Department of Tourism, in partnership with the Small Enterprise Finance Agency (SEFA), has launched the long-anticipated Tourism Equity Fund (TEF). The fund will be used to provide debt finance and grants to black entrepreneurs in the tourism sector, and especially women and youth, to create a more inclusive and representative sector. Delivering her opening address, […]