The Western Cape economy stands to lose an estimated 240 000 jobs as a result of national lockdown regulations, with 104 505 jobs just in the tourism sector. TheCapeArgus LockdownLevel3
During a presentation made to the ad hoc committee on Covid-19 by the provincial department of finance, economic opportunities and tourism David Savage, head official in the provincial treasury said: “From some of our earlier modelling, we do know that the lockdown has had a massive impact on our local tourism sector, which is a very significant sector of our economy as a province in terms of value added growth and the employment opportunities offered.
Savage told the committee tourism accounts for 43% of all employment losses in the treasury’s projections and that international tourism activity makes up 80% of all tourism activity in the province. Savage said without international tourism, 50% of all tourism business would close down.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
24 more Covid-19 deaths in Western Cape, nearly 7 000 recoveriesThe Western Cape has recorded an additional 24 Covid-19 deaths, bringing the total number of deaths from the virus in the province to 300.
Read more »
19 more Covid-19 deaths in the Western CapeThe Western Cape has recorded 19 more Covid-19 deaths, bringing the total number of deaths from the virus in the province to 267.
Read more »
Uncertainty as Western Cape teachers union holds talks on schools reopeningSA Democratic Teachers Union members in the Western Cape were locked in talks on Sunday night over the reopening of schools. lockdown CapeTimesSA
Read more »
Activists question constitutional implications of City of Cape Town's proposed by-law amendmentA social justice organisation has called on the City of Cape Town not to implement a proposed amendment to a by-law, while a research institute has said it could have constitutional implications.
Read more »
Doctors and nurses down tools at Eastern Cape hospitalThe protesting staff said management has been relying on other hospitals in Queenstown and Aliwal North for PPE, and rumour is that there is no stock in Mthatha.
Read more »
We are not given PPE, health workers complain at two Cape hospitalsNolufefe Mdumata was a cleaner at a Cape Town hospital. She contracted Covid-19 and died at a private hospital. She was the third staffer from Khayelitsha District Hospital to succumb to the virus.
Read more »