Will South Africa’s 2025 budget speech fulfil tourism’s potential?

As South Africa looks ahead to the 2025 Budget Speech, there is optimism that this year’s fiscal plan will mirror the positivity seen in the President’s recent State of the Nation address. Alan Campbell, Sales and Marketing Director at ANEW Hotels & Resorts is hopeful that the Budget will tackle critical structural challenges hindering growth in the tourism and hospitality sectors.

Despite contributing approximately 8.2% to the country’s GDP in 2023, the tourism and hospitality industry faces significant barriers, according to Campbell.

“Tourism is not just a sector – it is a driver of social upliftment, a creator of jobs and foreign exchange earnings, yet heading towards the budget speech, we hope that the positive focus areas…