Tourism Business Environment Ratings

July 2008
South Africa Tourism Report;Q3 2008, p31
Industry Profile
The article reports on the tourism business environment ratings in South Africa. One key business environment issue remains the interest rates and any further increases in interest rates by the South African Reserve Bank are likely to hit investment plans and private sector spending. International tourism receipts stood at about US$9.4 billion in 2006, up a strong 12% year-on-year. Business Monitor International Ltd. (BMI) outlook is favorable over the forecast period.


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