The original article can be found here.
Article highlights:
- the warning came from Parliaments Portfolio Committee on Tourism on 1 June;
- addressing the Committee, the Banking Association of South Africa (BASA) said that tourism enterprises should not only try to diversify one product offering, but also relook at their business models;
- BASA also said government support could be a key factor for recovery;
- Assistance to SMMEs should focus on providing sector specific support, drive innovation, research and development and investing in core skills.
