The Department of Tourism is to conduct a study aimed at analysing the current state of transformation in the sector, over and above establishing the effect of the tourism codes, which apply to businesses in the accommodation, hospitality and travel services sectors, since their introduction, according to what the Department’s officials briefed the Parliament Portfolio Committee on Tourism.
During their presentation, the Department also clarified the difference between the amended code and the generic codes, which has been a misjudged area. Critical elements within the code, which is in line with the generic codes, relate to ownership, skills development, as well as enterprise and supply development.
Under the amended code, exempted micro-enterprises with an annual revenue of less than R5m that is 100% black-owned would qualify for level one B-BBEE contributor status and those with at least 51% would qualify for level two B-BBEE contributor status.
Adapted for Transform SA Online from an article published in Business Day
