Mmamoloko Kubayi-Ngubane says preference will be given to enterprises with the highest score in terms of the empowerment
Tourism minister Mmamoloko Kubayi-Ngubane. Picture: NTSWE MOKOENA
Estimates suggest that the extreme measures by governments to fight the pandemic could cost the global tourism industry 50-million jobs. There are aboutKubayi-Ngubane said on Tuesday as a first phase to support small and medium-sized players in the sector, a R200m Tourism Relief Fund, had been established to provide a one-off capped grant assistance to ensure sustainability of the sector during and after the tough government measures to curb the spread of Covid-19.
“We will be guided by the tourism B-BBEE codes of good practices approved by the minister of [trade and industry] in 2015 ... the Tourism Relief Fund is administered in line with the objectives of economic transformation, and our vision to ensure sustainable and inclusive tourism development. The disbursement of funds will ensure equitable spatial distribution in terms of provinces,” Kubayi-Ngubane said.
“This is a lifeline, not a business transaction. For her to state that she is ‘breaking the law’ is an assault on the minister of small business, who said that BEE and black ownership would not be required for funding: is she accusing her of breaking the law?” Macpherson asked, saying there were there are only two people who could bring an end to the fiasco, which is having real consequences for businesses.
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