Impact of SA visa regulations monitored closely
The WC Red Tape Reduction Unit warns the new rules are expected to result in a R384m loss for the province.
CAPE TOWN - The Western Cape government says it is continuously monitoring the impact of South Africa's visa regulations on the province's economy.
The province's so-called Red Tape Reduction Unit warns the new rules are expected to result in a R384 million loss for the provincial economy in the first quarter of this year.
The Economic Opportunities Department released new stats yesterday to show how the province is faring compared to the rest of the country.
The department's Bronwynne Jooste says the tourism sector has taken a knock.
"We also keep tabs on the national reports we receive from Stats SA and the Tourism Business Council. They work on this numbers and constantly speak to the industry to see what impact these measures are having on the economy."