Tag Archives: Dollar

WhaleTales Tourism, Food, and Wine news headlines: 25 August

imageTourism, Food, and Wine news headlines

*   The Rand dropped to its lowest level ever yesterday, at R14 to the dollar, mainly in reaction to lower than expected growth forecast for China. The exchange rate will impact on inflation locally, but the oil price was at a 61/2 year low of $40 per barrel yesterday.

*   The on-going visa regulation drama can have a further dire consequence, Continue reading →

WhaleTales Tourism, Food, and Wine news headlines: 17 August

imageTourism, Food, and Wine news headlines

*   Despite the Rand reaching its lowest level ever to the Pound, at just over R20, and weakening further against the Dollar, no positive impact of the exchange rate is visible in terms of tourism enquiries from the UK and the USA!

*   SA Tourism CEO Thulani Nzimi has advised the tourism industry Continue reading →