Tourism Fund

Tourism Trends 2014

SA’s tourism business performance dipped in the second quarter of 2014 according to the Tourism Business Council of SA’s FNB Tourism Business Index (TBI) released on the 17th of July. The latest report showed a score of 94.7 across the 2nd quarter, indicating performance just below normal, and almost 18 points below the 1st quarter’s 112.4 index reading. The industry seems to have prepared for a dip, but actual performance was somewhat...

Planning is the only antidote to painful reality of seasonal swings

Seasonality in business is never as pronounced as it is over the festive season, when large swathes of the economy shut down and others light up. Holiday establishments along the coast run on all cylinders while their Gauteng bed-and-breakfast cousins twiddle their thumbs waiting for business travellers to return in the new year. The entire building industry has an official holiday. Many factories shut down, while industrial maintenance companies...

Entrepreneur finds her natural home in hospitality trade

While many entrepreneurs in their sixties would be thinking of retiring, Salome dreams of expanding her “cultural village” into an active centre of traditional dance, music, crafts and stories. Salome Tshungu Orchards Executive Accommodation In August 2012 Salome Tshungu brought her 100-year-old father out from her ancestral home in rural Limpopo to her luxury guest house in Midrand to celebrate his centenary. She showed the aged former teach...