Market Report, "Tourism Flows Outbound in South Africa", Published
The declining exchange value of the South African rand discouraged many South Africans from travelling outside of the country during 2012, which led to low growth of just 2% in the number of outbound departures during the year. This was much lower than the 24% growth recorded in the number of outbound departures during 2011. Labour disputes in South Africa's crucial mining sector, which even resulted in civil unrest, led to the country's credit rating being downgraded during 2012. This,...
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