MEAN­WHILE BACK HOME

Finweek English Edition - - SPOTLIGHT -

As host coun­try to this year’s WEF, South Africa has gone out of its way to re­as­sure del­e­gates and in­vestors that we are in­deed open for busi­ness amid re­cent xeno­pho­bic at­tacks on for­eign na­tion­als and our con­tro­ver­sial new visa reg­u­la­tions.

At a brief ing ahead of the WEF, min­is­ter in the pres­i­dency Jeff Radebe said gov­ern­ment was ur­gently re­view­ing the visa reg­u­la­tions, ac­cord­ing to IOL. “We are look­ing at all is­sues that have been raised per­tain­ing the visa reg­u­la­tions,” Radebe re­port­edly said, ac­knowl­edg­ing that the new reg­u­la­tions had “un­in­tended con­se­quences”.

The tourism in­dus­try is one of the sec­tors that has been tak­ing a bat­ter­ing af­ter the new im­mi­gra­tion pol­icy was im­ple­mented and tourists from In­dia and China were said to have can­celled in­tended vis­its to SA.

New draft visa reg­u­la­tions are due dur­ing the month of July, Radebe said.

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