logo
South Africa hosting Africa's Travel Indaba in May

South Africa hosting Africa's Travel Indaba in May

Mail & Guardian24-04-2025

Tourism Minister Patricia de Lille takes a rickshaw in Durban.
South Africa is preparing to host Africa's Travel Indaba 2025, the
Demand from businesses and buyers wanting to attend the annual event has surged this year, Tourism Minister
'As we go into Africa's Travel Indaba 2025, we currently have participation from 26 African countries including South Africa. We have also seen consistent interest in the number of tourism products from across the continent,' she said.
More than 1 200 exhibitors had confirmed their attendance. 'A total of 908 buyers have been vetted and approved, with 7 430 meetings already confirmed on the Indaba online diary platform.
'Interest is surging from major markets including the United States, China, the United Kingdom and India. In fact, a total of 55 countries are represented in our buyer profile,' De Lille said.
The indaba will feature discussions on how artificial intelligence (AI) can drive customer service improvements, streamline operations, enhance visitor experiences and optimise marketing strategies.
'This will help tourism businesses, particularly small and medium enterprises, harness the power of AI to stay competitive in the global tourism market,' De Lille said.
'This year's indaba will also highlight opportunities for cross-border tourism collaborations and regional destination marketing to increase the value of Africa's tourism offering.'
De Lille said 1 000 jobs had been created for youth, students and entrepreneurs at the 2024 trade show.
'A total of 9 000 delegates walked the hall of indaba, 1 200 exhibitors shared their dreams, 24 000 business meetings turned ideas into action and R226 million in direct economic activity was generated right here in Durban, with another R333 million
The
De Lille said sports, adventure tourism and medical tourism were major drawcards to the country.
'In 2024 adventure tourists made up 8.8% of tourists to South Africa, which is over 700 000 of the 8.2 million arrivals in 2023. Adventure tourists to South Africa stay five nights longer and spend almost three times more than the average tourist to South Africa,' she said.
'Adventure tourism speaks to the heartbeat of the new traveller — those seeking meaning, authenticity and magic. From the quiet beauty of the Karoo to the wild trails of the Drakensberg, we invite the world to lose themselves in Africa — and in doing so, find something deeper.'
She said by the end of November more than 200 G20-related meetings would be hosted in the country, which currently holds the presidency of the grouping.
'This cements the message: tourism is not a side act in our economic story — it is centre stage,' De Lille said, adding that the sector was 'regaining momentum' after the ravages of Covid-19, contributing 8.2% to GDP in 2023 compared with 9.5% before the pandemic.
'Last year, nearly nine million international visitors arrived in South Africa – 76% from fellow African nations. The tourism sector already supports 1.68 million jobs, set to grow to over 2.2 million by the end of the decade,' she noted.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Built for export, boxed in at home — SA vehicle sector calls for decisive action
Built for export, boxed in at home — SA vehicle sector calls for decisive action

Daily Maverick

time15 hours ago

  • Daily Maverick

Built for export, boxed in at home — SA vehicle sector calls for decisive action

While May brought a surge in local car sales according to the National Automobile Dealers Association's latest reporting, a sharp contraction in exports and rising global tariff tensions have pushed South Africa's automotive industry to a crossroads. South Africa's automotive industry may have enjoyed a high-revving May in local markets, but the road ahead is looking increasingly precarious. Local vehicle sales surged 22% year-on-year, according to the latest Automotive Business Council (Naamsa) data, yet exports dropped 14.6% overall, with passenger vehicle exports plummeting by nearly 35%. The African Growth and Opportunity Act (Agoa), a long-standing US trade programme that allows duty-free access for eligible African exports – including South African vehicles – faces renewed uncertainty under the Trump administration. With the White House pushing for reciprocal tariffs and stricter eligibility reviews, South Africa's preferential access could be one executive decision away from suspension. Speaking to Daily Maverick, Nada's vice-chairperson Thembinkosi Pantsi painted a picture of both resilience and distress. 'We're adapting, we're consolidating, and we're innovating to survive,' he said, referring to the shift toward multi-brand dealerships and used vehicle expansion. 'But make no mistake – we are nearing a cliff edge.'The automotive sector value chain in its entirety supports around 110,000 jobs, according to data from Naamsa, Stats SA and trade union data, with countless families relying on those employed in the sector to put food on the table. The industry – if you include both manufacturing and sales – contributed 5.3% to our GDP in 2023, and is the single largest manufacturing sector. Local sales surge, but export markets faltering While May saw strong domestic demand – driven partly by an influx of East Asian vehicle imports – it also underscored a growing contradiction: consumers want affordability, but the domestic industrial base relies on export volume to remain viable. 'We are seeing more Chinese brands enter the market with cost-effective models,' said Pantsi. 'This is good for consumer access, but doesn't help the thousands employed in export-geared manufacturing.' Volkswagen SA chairperson and managing director Martina Biene echoed the sentiment during her keynote address at Nada Connect in March of this year. 'Sometimes, as a local manufacturer, we don't feel as valued as we should be,' she said. 'There's a lot of investment here – jobs, skills, community development – but little relief from systemic pressures.' Biene disclosed that VW SA had spent more than R130-million on diesel generators to cope with load shedding. 'Every day I run them, it's R1.6-million in cost. That goes straight into the vehicle price,' she said. Add port congestion, road freight insecurity and policy drift, and 'you get a toxic mix,' she warned. What this means for you If global trade shocks persist and local manufacturing continues to contract, thousands of jobs across the auto value chain could be lost. Consumers may benefit from cheaper import options, but the broader consequences – shrinking local industry, fewer employment opportunities and weakened export competitiveness – pose a long-term economic risk. The off-and-on again Trumpian promise – tariffs Trump's revived steel and aluminium tariffs have reignited fears of a protectionist spiral. Pantsi warned that such moves could 'compound local challenges' and further disrupt trade patterns. 'Tariffs don't only raise costs. They erode investor and consumer confidence,' he said. 'We need urgent interventions – rebates, subsidies and export duty relief.' Biene concurred, calling for incentives over protectionism. 'We contribute massively to GDP and jobs. But sometimes it feels like the government is dazzled by short-term imports at the expense of long-term industrial strategy.' She said Agoa's uncertainty was more than symbolic. 'Agoa isn't a given,' Biene warned. 'If we lose that access, it's not just a dent in our balance sheets – it's a question of whether we keep local production viable.' Pricing inaction For every vehicle exported, dozens of suppliers – from tyre producers to seat manufacturers – depend on consistent output. A dip in export volumes, Pantsi noted, ripples across the entire automotive value chain. 'The automotive industry is the second-largest contributor to GDP after mining. If we allow it to shrink, the consequences will be systemic,' he said. Beyond the 110,000 people the sector employs directly, it supports hundreds of thousands more through components, logistics and retail. Both Pantsi and Biene urged the government to move past platitudes. 'We need a granular, not generic, state response,' said Pantsi. 'Targeted logistics reform. Decisive Agoa diplomacy. Training institutions revived. It's the details that matter now.' The sector at a T-junction Despite strong local sales buoyed by competitively priced imports, the export decline is a red flag. 'We have the infrastructure, the people, the expertise,' Pantsi said. 'What we lack is policy certainty and logistical coherence.' Biene was blunter: 'We're here for the long haul. But we can't keep pouring money into diesel and delays. The government needs to decide if it wants this sector to thrive – or merely survive.' DM.

Omnia declares special dividend as mining business shores up profits
Omnia declares special dividend as mining business shores up profits

TimesLIVE

timea day ago

  • TimesLIVE

Omnia declares special dividend as mining business shores up profits

Chemicals company Omnia Holdings on Monday declared a special dividend for the second year running after its growing explosives business helped offset the impact of bad weather and economic turbulence on its African agriculture business. Omnia reported headline earnings per share — a key profit measure — of R7.04 in the year ended March 31, compared with R6.99 the previous year. The company, which supplies fertilisers and soil additives to countries in Africa and abroad, also manufactures explosives used in the mining industry. Omnia's mining division reported a 10% increase in revenue to R9bn, helping to offset a 2% revenue decline in the agriculture business, which was affected by challenging operating conditions in Africa. Currency volatility in Zimbabwe, logistical disruptions in Mozambique due to political unrest and the impact of a severe drought in Zambia had affected Omnia's income, CEO Seelan Gobalsamy said in an interview. However, increased demand for uranium, copper and other metals vital for the global shift to renewable energy are driving demand for mining consumables and boosting income for Omnia's explosives business. Omnia was seeing strong demand for mine explosives in Namibia, the Democratic Republic of Congo and Zambia, while its Indonesian joint venture also continues to grow, Gobalsamy said. 'Our mining profits are now higher than our agriculture profit,' Gobalsamy said. 'We all know Omnia for fertiliser, but mining is now bigger than our agriculture business.' Omnia declared an ordinary dividend of R4 per share and a special dividend of R2.75 per share, returning R1.1bn to shareholders. Last year the company paid out a special dividend of R3.25 per share.

AU agency says Fitch's downgrade of Afreximbank is ‘flawed'
AU agency says Fitch's downgrade of Afreximbank is ‘flawed'

TimesLIVE

timea day ago

  • TimesLIVE

AU agency says Fitch's downgrade of Afreximbank is ‘flawed'

An African Union (AU) credit review body has questioned Fitch ratings agency's downgrade of Africa Export-Import Bank (Afreximbank) last week, saying it was based on a 'flawed' categorisation of loans and calling for the decision to be reconsidered. Last Wednesday Fitch downgraded Cairo-based Afreximbank's credit rating to BBB-, one notch above junk ratings, from BBB, citing high credit risks and weak risk management policies. Fitch calculated the ratio of Afreximbank's non-performing loans (NPLs) exceeded the 6% "high risk" threshold outlined in the ratings agency's criteria. Afreximbank said in its first quarter operating results the NPLs ratio stood at 2.44% at the end of March. The African Peer Review Mechanism (APRM), a body established by the AU to do the groundwork for the launch of an African credit ratings agency later this year, contested Fitch's calculations and called for talks between Fitch, Afreximbank and other African institutions. 'The APRM notes with concern Fitch Ratings' misclassification of Afreximbank's sovereign exposures to the governments of Ghana, South Sudan and Zambia as NPLs,' APRM said on Friday. 'The classification raises critical legal, institutional and analytical issues which the APRM strongly contests.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store