SA Tourism granted a R490 million shot in the arm

01 March 2017 - 15:48 By Neo Goba
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The National Treasury has pumped more than R490-million into the tourism sector in a bid to help boost the economy over the next three years SA Tourism CEO Sisa Ntshona said.
The National Treasury has pumped more than R490-million into the tourism sector in a bid to help boost the economy over the next three years SA Tourism CEO Sisa Ntshona said.
Image: Supplied

The National Treasury has pumped more than R490-million into the tourism sector in a bid to help boost the economy over the next three years‚ the CEO of SA Tourism said.

The allocation was a vote of confidence that tourism was able to deliver some of the economic growth the country needed‚ said Sisa Ntshona.

Of the R494-million‚ R120-million had been allocated for a bidding fund to allow the Department of Tourism to attract more business events‚ such as conferences‚ to the country.

Ntshona told TMG Digital the target was to bring an additional five million tourists to South Africa over the next five years – the "five in five" strategy‚ set to begin on April 1.

Total arrivals in South Africa recorded for the year ending 2015 was 8 170 882. This financial year‚ the sector has managed to attract more than 10-million tourists‚ 35% up from the previous financial year.

The country aims to reach at least 13-million visitors by 2021.

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