Currencies:
RUB/USD 0,0114
0,0000
BRL/USD 0,1843
0,0000
INR/USD 0,1196
0,0000
CNY/USD 0,1369
0,0000
ZAR/USD 0,5569
0,0000
Weather:
Moscow 22 °C
Brazilia 21 °C
New Delhi 34 °C
Beijing 30 °C
Pretoria 21 °C
Cairo 40 °C
Tehran 34 °C
Abu Dhabi 42 °C
Menu
Broadcast «Personal trainer»
22 °C
Moscow
21 °C
Brazilia
21 °C
New Delhi
30 °C
Beijing
21 °C
Pretoria
40 °C
Cairo
34 °C
Tehran
42 °C
Abu Dhabi
RUB/USD
0,0114
0,0000
BRL/USD
0,1843
0,0000
INR/USD
0,1196
0,0000
CNY/USD
0,1369
0,0000
ZAR/USD
0,5569
0,0000
TV BRICS Apps
Home
News
Videos
Podcasts
Menu
13:40 «Personal trainer»
13:40 «Personal trainer»
Now 16+
13:40

«Personal trainer»

14:05 «City of stories»
Next
14:05

«City of stories»

16+
14:30

«The language of dance»

16+
15:00

«BRICSreport»

16+
Иконка с часами 14 minutes 2 sec.
Ambassador of Ethiopia to Russia Uriat Cham Ugala/ “Joining BRICS is a growth opportunity for Ethiopia”
Иконка с часами 20 minutes 11 sec.
Douw Vermaak/ «Relations between Russia and South Africa are getting stronger»
Иконка с часами 8 minutes 22 sec.
Anthony Phiri, Harare Institute of Technology/"The world needs to work together to reduce greenhouse gas emissions"
20.06.2411:45 Society
Largest media holding in Ugra joins cooperation with media of BRICS countries through TV BRICS International Media Network
19.06.2412:56 Society
TV BRICS begins co-operation with Vietnam
11.06.2416:45 Society
TV BRICS and Moscow to join forces to promote image of Russian capital as international centre of creative industries
South Africa
29.12.23 12:56
Society

Tourism Private Equity Fund launched in South Africa

It will ensure the transformation and growth of the tourism business

The South African Department of Tourism and SEFA, an agency within the Department of Small Business Development, have announced the launch of the Tourism Equity Fund (TEF).

The fund, valued at R1.2bn, aims to develop the tourism sector and ensure inclusive participation.

The TEF will help address the financial challenges of qualified small businesses and micro-enterprises in the tourism sector. In partnership with financial institutions in South Africa, the Department of Tourism and SEFA will provide affordable and customised financing. This is reported by the official website of South African Government.

Besides, 80 per cent of the funds will be allocated for the development of existing businesses and 20 per cent for the establishment of new businesses. The fund will support a variety of needs of tourism businesses, including equity acquisition, investment in new developments and expansion of operations.

The TEF will target businesses in the accommodation, hospitality, travel and related services sectors. Applications for the TEF programme have already been accepted at 985.

Photo: IStock


Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data

MORE ON THE TOPIC

24.06.2413:04 Society
Ministers of India and UAE discuss strengthening strategic relations
24.06.2410:30 Society
Saudi Arabia opens seminar on Saudi-China relations in Beijing
24.06.2408:31 Society
Egypt conducts screening for first-year elementary school students
23.06.2419:00 Society
BRICS News Digest for the previous week
23.06.2409:05 Society
Iran's manufacturing of home appliances rises by 18%
22.06.2417:12 Society
Russia hosts BRICS forum on urbanisation
21.06.2415:35 Tourism
BRICS countries' tourism: revival after the pandemic
16.06.2408:30 Society
15 Years since the First BRICS Summit: History of Cooperation
12.06.2408:31 Society
Russia Day in 2024: history and significance
Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data