Add Row
Add Element
PR Africa: Your Gateway to Comprehensive African News and Insights
update
PR Africa
update
Add Element
  • Home
  • Categories
    • Entertainment
    • Automotive
    • Politics
    • Finance
    • Health & Fitness
    • Sports
    • Business
    • Cryptocurrency
    • Education
    • Fashion & Beauty
    • Home & Garden
    • Foreign Language News
    • Lifestyle
    • Real Estate
    • Religion
    • Science
    • Technology
    • Travel
    • News & Current Affairs
    • Crime & Safety
    • Arts & Culture
    • Environment
    • Food & Drink
    • Extra News
March 15.2025
3 Minutes Read

Unlocking Africa's Tourism Potential: Insights from the Top Investors

Diverse delegates at Africa Tourism Investment Conference networking scene.

The Africa Tourism Investment Conference: A New Era for Industry Investors

Set to unfold on April 10, 2025, at the renowned Cape Town International Convention Centre (CTICC) during WTM Africa, the Africa Tourism Investment Conference (ATIC) has generated significant excitement across the continent. This event not only brings together the most influential figures in Africa’s tourism sector but also offers a unique platform to discuss the future of investment opportunities in hotels, resorts, and hospitality infrastructure.


A Powerful Speaker Line-Up: The Game Changers

With sponsorship from JLL Africa, a global leader in real estate investment, the ATIC aims to strengthen investor confidence in Africa's burgeoning tourism market. Renowned executives such as Anthony Leeming, CEO of Sun International, and Hamza Farooqui, CEO of Millat Global Holdings, are among the key speakers ready to share their invaluable insights. These leaders have led transformative projects defining the landscape of African tourism, making attendance at ATIC a must for serious investors.


Why Africa is the Next Frontier in Tourism Investment

African nations are increasingly recognized for their rich cultural heritage and stunning landscapes, positioning them as prime tourist destinations. According to research, investments in Africa's tourism sector are expected to rise significantly in 2025, focusing on new hotels and infrastructure projects. This burgeoning interest from global investors presents a timely opportunity for local economies to capitalize on tourism as a major economic driver.


The Role of Technology in Transforming Tourism

The intersection between technology and tourism is increasingly profound. The ATIC will also delve into technology’s role in enhancing the tourism experience—from blockchain solutions to streamline transactions to AI-driven analytics for market trends. Topics like cybersecurity and data privacy will be crucial here as tourists become more cautious about their online interactions, and investments in these areas can secure a competitive edge.


Challenges in the African Tourism Sector

Every investment opportunity comes with its unique challenges. ATIC is set to address the key concerns investors face when entering African markets, including political stability, infrastructure deficits, and access to financing. Rigorous discussions will offer practical solutions to navigate these challenges, with experts sharing success stories on how they overcame obstacles in project financing and developmental hurdles.


A Key Event for Decision-Makers

The significance of the ATIC stems from its ability to foster connections between finance and tourism. Mayor Geordin Hill-Lewis has stressed the importance of this event in bridging the gap between capital and interested tourism operators. For local entrepreneurs and C-level executives, the insights shared at ATIC will illuminate how to create inclusive, sustainable tourism ventures that benefit both investors and local communities.


How You Can Get Involved

For those looking to participate in this transformative event, registration is now open to accredited investors, developers, and stakeholders in the tourism sector. Limited spaces mean potential attendees should act quickly to secure their participation in the discussions that could shape the future of tourism in Africa. Registration details can be found on the official WTM Africa website.


The discussions at the Africa Tourism Investment Conference promise to redefine how investment in tourism looks not just for 2025, but for years to come. As we anticipate the notable insights and pivotal networking opportunities, now is the time to focus on how investing in tourism can spur greater economic prosperity across the continent.

Don’t miss the chance to stand at the forefront of Africa’s tourism investment revolution. Join the conversation, gain insider knowledge, and explore collaborative opportunities with industry leaders at the Africa Tourism Investment Conference. Secure your place today!

Business

14 Views

0 Comments

Write A Comment

*
*
Related Posts All Posts
11.26.2025

Boston Moonsamy: A Visionary Leader Honored as Top Global Managing Director

Update Celebrating Leadership: Boston Moonsamy’s Global Recognition In an era where true leadership is measured not just by business success but by the impact on communities and industries, Boston Moonsamy stands as a beacon of excellence. Selected as the Top Global Managing Director of the Year for 2026 by the International Association of Top Professionals (IAOTP), Moonsamy's recognition exemplifies a commitment to integrity, innovation, and mentorship, positioning him as a transformative figure in the global specialty chemicals industry. Setting a New Standard in Leadership Boston Moonsamy’s journey from a research chemist at Chevron to the Managing Director of Azelis in South Africa represents the vision of a leader deeply committed to nurturing talent and delivering value. His approach to leadership reflects an understanding that true success isn’t merely about profitability but about fostering an environment where teams feel empowered and valued. Azelis under Moonsamy's stewardship has evolved from a traditional distribution model to become a pivotal bridge linking global innovation with local relevance. This strategic transition hasn’t just redefined the company's trajectory; it has also contributed positively to both the South African economy and the broader Middle East and Africa region. The Philosophy Behind His Success At the core of Moonsamy’s philosophy is a profound belief in sharing knowledge and opportunities. He states, “knowledge hoarded is opportunity lost,” a mantra that echoes throughout his leadership style. Moonsamy’s success is attributed not only to his professional achievements but also to the mentors he has had along the way, reminding emerging leaders of the critical importance of giving back. IAOTP: An Elite Recognition The International Association of Top Professionals sets a high bar for its honorees. IAOTP’s meticulous selection process involves a rigorous vetting system that recognizes only the top 1% of professionals across various fields. This recognition amplifies Moonsamy’s achievements and highlights the excellence he embodies. IAOTP President, Stephanie Cirami, emphasized that Moonsamy’s visionary and inspirational leadership made him an obvious choice for the award, noting the impact he has made on both his industry and community. The Broader Impact of Moonsamy’s Work Moonsamy’s work reaches beyond corporate success; it serves as a blueprint for aspiring leaders in various sectors. His strategic oversight ensures that Azelis remains responsive to market needs, particularly in providing specialty chemicals that meet local demands. With his background in analytical chemistry and business management, Moonsamy exemplifies the integration of technical expertise with strategic foresight. This holistic approach is now more relevant than ever as industries globally face rapid changes driven by technological advancements and shifting market dynamics. The importance of ethical leadership and sustainable practices cannot be overstated, and Moonsamy appears poised to lead this charge within the specialty chemicals sector. Future Trends and Opportunities Looking forward, the future of the specialty chemicals industry, especially in Africa, is filled with opportunities for growth and innovation. As markets become increasingly interconnected, leaders like Moonsamy who prioritize ethical, community-driven practices will likely thrive. His work at Azelis is not just about meeting today's challenges but preparing for the uncertainties of tomorrow. Moreover, as organizations strive for greater inclusivity and diversity in leadership, Moonsamy’s story serves as an inspiration for many. His trajectory from a scientific background to becoming a leading executive emphasizes that leadership can emerge from any foundational sector, further democratizing what it means to be an industry leader. Embodying the Spirit of Ubuntu In celebrating Moonsamy’s achievements, we also acknowledge the spirit of 'Ubuntu'—the African philosophy that emphasizes communal relationships and interconnectedness. Moonsamy represents this philosophy through his commitment to mentoring the next generation of leaders in the industry, ensuring that knowledge and opportunities are shared across communities. Call to Action: Embrace Leadership As we embrace the lessons from leaders like Boston Moonsamy, let us adopt and propagate the values of mentorship, inclusiveness, and integrity in our professional circles. By actively participating in nurturing the next generation of leaders, we can contribute to a sustainable economy that values both success and community well-being.

11.26.2025

What Trade Professionals Must Know About the Updated Prohibited Imports and Exports List

Update Understanding the Updated Prohibited and Restricted Imports and Exports List On November 26, 2025, an update was released regarding the Prohibited and Restricted Imports and Exports list by SARS, indicating significant changes in the regulatory landscape affecting trade. This update reflects ongoing efforts to ensure compliance with international trade standards while protecting national interests. Broader Implications on Global Trade The implications of these changes in import and export controls cannot be overstated. As governments worldwide tighten regulations to curb illicit trade and uphold human rights, nations are also intensifying their monitoring of supply chains. A parallel example can be observed in the United States, where the Uyghur Forced Labor Prevention Act aims to eliminate forced labor from U.S. supply chains by prohibiting the importation of goods produced in such conditions. This law highlights the importance of sourcing products responsibly, underscoring global accountability in trade practices. Local versus Global Perspectives The updates to the Prohibited and Restricted list resonate with professionals both locally and globally. For South African businesses, aligning with these new restrictions helps ensure compliance while fostering responsible trading practices. Comparatively, international companies also face heightened scrutiny as governments emphasize ethical sourcing, creating harmonized guidelines that transcend borders. These interconnected regulatory frameworks create a ripple effect in supply chains, compelling businesses to adapt or risk exclusion from lucrative markets. Actionable Insights for Businesses and Stakeholders For trade professionals, it is essential to understand how updates like this impact operational practices. Businesses need to assess their existing supply chains, looking for areas where compliance may falter. Enhanced scrutiny on imports suggests that transparency in sourcing and production processes is more critical than ever. By documenting supply chains and staying informed of regulatory changes, businesses can mitigate risks associated with non-compliance, thus protecting their market position. Future Predictions: Evolving Regulations in Global Trade As we look ahead, one can anticipate further revisions to import and export regulations. With the current global push towards sustainable practices and ethical trade, we could see a proliferation of similar regulations aimed at preventing the import of goods linked to environmental damage or human rights abuses. Such predictions indicate a trend where regulatory agencies will become more proactive and robust in enforcing compliance, potentially leading to an improved global trading environment. Closing Thoughts on Prohibited and Restricted Trade Practices As international trade principles evolve, understanding prohibitive practices is vital for trade professionals. Awareness of the current updates helps businesses navigate the complexities of compliance, facilitating better preparation for future regulatory shifts. The changing landscape demands ongoing education and adaptation. Therefore, remaining informed about regulatory updates can empower businesses to respond effectively and ensure their continued participation in global markets. Take action! Stay ahead by subscribing to trade compliance updates and engaging with industry resources to better understand changing regulations and their implications.

11.25.2025

Unlocking Simplified Tax Compliance: Register for Turnover Tax Online

Update New Convenience in Turnover Tax Registration via SOQS As of November 25, 2025, significant strides have been made by the South African Revenue Service (SARS) to simplify the tax registration process for small businesses. Taxpayers can now register for Turnover Tax directly through the SARS Online Query System (SOQS). This systemic update highlights the ongoing evolution in the tax landscape aimed at reducing administrative burdens on micro business owners. The Turnover Tax system, intended for businesses with a turnover of less than R1 million, is designed to streamline tax obligations by basing taxes on gross receipts rather than profit, thereby curtailing complexity and the need for extensive records. Understanding Turnover Tax: Why It Matters The introduction of the Turnover Tax system is a response to the needs of micro businesses, which are fundamentally important to the South African economy. It offers a simplified tax structure where businesses are taxed based on their income rather than their profit margins. This policy aims to support small entrepreneurs by alleviating the pressure of extensive record-keeping. With the new online registration options, businesses can benefit from reduced turnaround times and greater accessibility to essential tax services, encouraging compliance and contributing to economic stability. A Walkthrough of the Registration Process For those eligible, the registration process is straightforward, albeit crucial to ensure compliance with SARS requirements. Business owners must first complete the TT01 application form, which is available online, ensuring that they comply with all necessary guidelines. According to the SARS guide, a critical first step is passing a quick eligibility test before unlocking the full application form. This safeguards against ineligible submissions, streamlining the overall process. Future Implications for Small Business Owners The development of the Turnover Tax system reflects a broader governmental commitment to foster entrepreneurship. As micro businesses begin to flourish under this framework, we may expect to see more initiatives aimed at empowering smaller enterprises, enhancing their role within the larger economy. Moreover, the ability to register online could facilitate faster responses to industry dynamics, thereby aiding business adaptability and resilience. Addressing Common Misconceptions Despite the evident advantages, misconceptions about the Turnover Tax system abound. Many small business owners often fear the complexities involved, believing that engaging with SARS is a labyrinthine process. However, the intention behind the Turnover Tax is to alleviate rather than exacerbate tax compliance issues. With the right information readily available on the SARS website and through the SOQS, entrants to the market can halt their apprehensions and focus instead on leveraging this opportunity for commercial growth. Importance of Staying Informed Micro business owners must remain vigilant in understanding their rights and responsibilities under the Turnover Tax framework. Shifts in policy or clarifications about tax regulations invariably affect the operational landscape. SARS has provided ample resources and support systems, including direct communication channels for inquiries. Therefore, the proactive engagement with SARS information will further assist small businesses in optimizing their tax strategies. Call to Action: Embrace the Change and Register Now! For professionals and entrepreneurs alike, the newly available online registration for Turnover Tax presents a pivotal opportunity. With the ease of access through the SOQS, there’s never been a better time to ensure your compliance and take advantage of the benefits that turnover tax offers. Don’t miss out—visit the SARS website today to start your registration process!

Terms of Service

Privacy Policy

Core Modal Title

Sorry, no results found

You Might Find These Articles Interesting

T
Please Check Your Email
We Will Be Following Up Shortly
*
*
*