Tourism, Food, and Wine news headlines
* The inflation rate has dropped to 4,4%, a three year low, and down from 5,3% in December. The lower petrol price and slower food price increase benefited the inflation rate. The price of petrol is expected to increase in March.
* SAA is two-thirds through its 90 Day Action Plan, with a ‘business unusual’ approach to turn the airline around. ‘Cost-compression‘ measures have helped to achieve relative stability. Loss-making flights (to China and India) are to be cancelled, taken over by Middle Eastern airlines, and linked to SAA via code-share arrangements. More flights to Mauritius, Maputo, and Harare have been scheduled.
* The new visa regulations for tourists from China and India are hurting the South African tourism industry, said Continue reading →