Tag: South African economy
WTTC warns South African economy could see losses of ZAR 181 million for every week it’s on the UK’s ‘red list’
According to research conducted by the World Travel & Tourism Council (WTTC), the South African economy could face massive losses of more than ZAR 181 million every week it’s on the UK’s ‘red list’ for travel. The comprehensive study conducted by WTTC, reveals the staggering consequences the UK ‘red list’ represents to the South African Travel & Tourism sector, and the nation’s economy, which have both been devastated by the COVID-19 pandemic. All UK travellers, regardless of their vaccine status, travelling to countries on the ‘red list’, which includes South Africa, are required to cover the expensive cost of a ... Read more