Tens Of Billions Later, SA’s Travel Fever Is Still Hot, And Standard Bank Is Fuelling It Further

South Africans are travelling more than ever. What started as revenge travel after lockdown hasn’t slowed down, and Standard Bank clients are leading the way. Their spend on travel in 2024 amounted to tens of billions of rands, doubling what the bank recorded in 2021. Thirty-two percent of that spend went to flight bookings, accounting […]

...

What SA’s Most Expensive Resort Means For Destination-Scale Tourism

By Vumiso Nyamazana – Regional Head: Corporate Property Finance, Absa CIB Annah Watkinson – Head of Global Finance: Coastal Regions, Absa CIB Almost five decades after Sun City set the benchmark for leisure destinations in South Africa, the spotlight has shifted to KwaZulu-Natal’s North Coast. The announcement of a new Club Med resort, developed by […]

...