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Tourism sparks South Africa's economy.

Publication: AgExporter
Publication Date: 01-AUG-04
Format: Online - approximately 1077 words
Delivery: Immediate Online Access

Article Excerpt
Tourism is the fourth largest--and the fastest growing--industry in South Africa, which attracted 6.6 million visitors in calendar 2002. That same year, the industry contributed 8.2 percent, or $10.3 billion, of South Africa's GDP (gross domestic product) and has a projected 12-percent yearly...

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...growth rate for the next few years.

That growth rate will receive an extra bounce from the recent decision that South Africa will be hosting the FIFA (Federation International Football Association) World Cup 2010[TM] expected to bring 270,000 soccer fans to South Africa.

Africa's complex HRI (hotel, restaurant and institutional) sector, an integral part of the tourism industry, is the country's largest employer with 500,000 workers.

In the HRI food service sector, worth roughly $2 billion in sales in 2003, restaurant receipts account for about 70 percent of the market. Hotels claim 20 percent, and institutional food catering companies make up the last 10 percent.

Western Influences

Though independent restaurants are plentiful, South Africa has a highly...

NOTE: All illustrations and photos have been removed from this article.



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