Gold Travel, a Cape Town-based corporate travel service specialist, has recently achieved a Level Two B-BBEE rating after implementing 52.5% black ownership and 31.5% black woman ownership in partnership with NetValue™ Equity Partners, also based in Cape Town. The certification falls under the Qualifying Small Enterprise classification in the Tourism Sector Code, a category which has recently been under the spotlight for its slow pace of transformation.
The travel and tourism industry has recently seen the back of two of its biggest South African trade shows – World Travel Market Africa and the stalwart travel exhibition, Tourism Indaba, held in Durban last week. Seemingly, a common topic under the spotlight is the rate of transformation in the South African travel trade. Speaking at the annual Women in Tourism Event at the Indaba, newly elected Minister of Tourism Tokozile Xasa raised concerns about the slow pace of transformation in the sector.
Commenting on their positive achievement, Konrad Laker, CEO of Gold Travel, said that as a South African business owner transformation is a priority policy. “Tourism is an integral part of the South African economy and transformation should be at the forefront of the industry. This marks a significant milestone in our transformation drive; we will continue to find ways of enhancing our B-BBE efforts.”
- Its more than gender based violence – it’s a complete collapse of our moral fibre and care for our fellow man|#PayItForward |#Ingrid von Stein - September 13, 2019
- Your own free Trade Mark search |#Insights |#IP Braai - September 13, 2019
- The MediaShop dominates MOST Awards! - September 11, 2019
- Are you Emotional Intelligent in your work place? |#Insight Trends |# Losego Motshele - September 11, 2019
- Reaching the base of the pyramid consumer has to be highly relevant|#Marketing Insights |#Lorraine Gwewera - September 11, 2019
- As entrepreneurs and business managers we are expected to speak in front of people – here are a few tips |#Insight |#Howard Feldman - September 10, 2019
- Making the transition to Dynamics 365 - September 10, 2019
- Why are many BPC Embedded projects unsuccessful? |#Technology |#Trends |#B2B |#Emiliyan Tanev - September 10, 2019
- South Africa’s gaming industry is expected to bring in revenue to the tune of R3.6 billion by the end of the year – but where are the non-gaming advertisers? |#Marketing |#Insights - September 10, 2019
- Dormakaba cycling ambassador programme grows MTB in SA |#PayItForward - September 10, 2019