https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Embed Video

Cabinet warns against 2010 price hikes

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

Government has called on South African businesses to resist the temptation to unduly inflate their prices.

This follows allegations that some businesses, especially accommodation providers, are hiking prices excessively for the 2010 FIFA World Cup.

Advertisement


Briefing the media following a Cabinet meeting, government spokesperson Themba Maseko said that the meeting expressed concern about the "ill-advised" move by some business establishments to increase their prices in anticipation of making mega profits.

Maseko said that Cabinet believes high hotel fees could damage the reputation of the South African tourism industry.


"These moves must be discouraged at all costs as they have the potential of discouraging many soccer lovers from attending the tournament and this could have a negative impact on future tourism for the country."

Advertisement


To address this, the Department of Tourism has commissioned a survey to look at the pricing structure in the tourism sector ahead of the World Cup.


The results of the study conducted by the auditing and management consulting firm, Grant Thornton, are expected to be released soon.


Maseko said that the study would identify the extent of the problem and make recommendations about possible steps that could be taken in this regard.

 

 

EMAIL THIS ARTICLE      SAVE THIS ARTICLE      FEEDBACK

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here


About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za