Here's what coronavirus could cost SA travel, tourism, expert tells Alec Hogg

Loading player...
The coronavirus that erupted in Wuhan, China and has spread across the globe, most recently bringing Italy to a standstill, will hit South Africa hard. According to Jabulani Debedu, a consultant at BDO's tourism specialist unit, has tallied the costs of previous diseases that have knocked the tourism and travel industries in South Africa and cautions that the sector is likely to see a drop in visitors by anything from 7-15%. This follows a tough 2019, with fewer tourists travelling to SA from Africa and elsewhere. Nevertheless, avoid panic as this, too, shall pass, is the message in this interview with Alec Hogg, BizNews founder and editor-in-chief. - Jackie Cameron Learn more about your ad choices. Visit megaphone.fm/adchoices
10 Mar 2020 1AM English South Africa Investing · Business News

Other recent episodes

BN Briefing: US Ambassador Bozell's BNC#8 warning; Yardeni's $6,000 Gold call; Sean Peche's wealth-building wisdom

Tonight’s BizNews Briefing opens with new US Ambassador Brent Bozell’s candid message from BNC#8, urging reciprocity and warning that policy uncertainty and geopolitical alignment choices shape investor confidence. We then run through a results-heavy market update led by Harmony, Rainbow Chicken and OUTsurance. Bloomberg follows with Ed Yardeni’s bullish gold…
11 Mar 7AM 10 min