WATCH: Why SA needs the hospitality industry to survive and thrive – Business Day

Strong corporate earnings lift global sentiment, but inflation and economic outlook remain a clear and present danger
While the separation of belief from the state is a principle of democracy, concept has been challenged in other countries
Some economists were left baffled in August when JSE CEO Leila Fourie said that foreigners had bought a net R45bn of local bonds so far this year
President says contenders have pledged to end scourges of corruption and patronage
Central to the case was R48m paid into a trust by the restaurant group in 2005 as part of a share scheme
The IMF’s medium-term forecasts have alarming implications for our unemployment situation
The IDC is processing new applications for financial assistance amounting to R600m
The Russian billionaire has been under US sanctions since 2018
Frei, Stigger, Beers and Sarriou take first place in white-knuckle Absa Cape Epic second stage
This woman’s work amplifies the theme of women and their “secondary status
The past year-and-a-half has brought countless challenges for restaurants, from the early days when restaurant operators were forced to think on their feet as sudden shutdown orders brought dine-in business to a halt, to current struggles with cash flow and vaccinations.
During the course of the pandemic, restaurants have had to reinvent themselves countless times — ramping up off-premises sales, exploring virtual brands and rallying around their communities to support people in need. Now the industry needs those same communities to rally around it.
SA, like most countries, cannot afford for its hospitality industry to fail. With it would go thousands of businesses — cheesemakers, farmers, bakers and winemakers — and millions of jobs. SA’s hospitality industry faces another complication — it leans heavily on tourism.
Michael Avery spoke to Ocean Basket CEO Grace Harding; McCain Foodservice & Retail marketing manager Catharina Bester; and Bridgement co-founder Daniel Goldberg about what lies ahead for restaurants.
Would you like to comment on this article or view other readers’ comments?
Register (it’s quick and free) or sign in now.
Please read our Comment Policy before commenting.
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.
Read more at the SA government’s online coronavirus portal or use the 24-hour public hotline: 0800 029 999
© 2021 Arena Holdings. All rights reserved.
Use of this site constitutes acceptance of our Terms & Conditions and Privacy Policy.

source

Book an appointment