Private-sector tourism leaders are exploring the best possible ways to use approximately R500 million US30.6 million in collected TOMSA levy funds withheld from SA Tourism amid the ongoing governance issues and financial instability at the DMO.
The levy, a voluntary private sector-led 1 charge on travel and tourism services collected from tourism businesses and administered by the Tourism Business Council of South Africa TBCSA, has historically been handed over to SA Tourism to support global marketing campaigns.
TBCSA CEO Tshifhiwa Tshivhengwa said the association is engaging with the private sector to identify impactful avenues for investment.
