Abstract
At the height of political turmoil and the so-called economic downgrade to ‘junk’ status by rating agencies in South Africa, the tourism and hospitality industry, through women entrepreneurship, seems to be an alternative exit the government can use to foster economic growth and curb unemployment. The paper adopts an extensive documentary review analysis to determine the challenges and opportunities for women entrepreneurs in the tourism industry in South Africa. The paper observes that women entrepreneurs in the Eastern Cape Province face a myriad of challenges emanating from low levels of education, lack of financial resources, poor information dissemination, gender inequity, limited support from stakeholders, limited technical skills and reluctance to shift from status quo. The paper concludes that, to unlock the potential of tourism and hospitality industry, women entrepreneurs need to embrace education and get trained on how to use modern technologies-which is fundamental in coping with the trends in the globalized environment. The paper recommends and empowers women to be at the forefront and become active entrepreneurs in tourism opportunities whereby stakeholder funding is the key to achieve economic growth.
Keywords
- Women Entrepreneurs Search this journal for Women Entrepreneurs (opens in a new tab)
- Tourism Search this journal for Tourism (opens in a new tab)
- Hospitality Industry Search this journal for Hospitality Industry (opens in a new tab)
- Women Empowerment Search this journal for Women Empowerment (opens in a new tab)
- Job Creation Search this journal for Job Creation (opens in a new tab)
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Keywords
- Women Entrepreneurs Search this journal for Women Entrepreneurs (opens in a new tab)
- Tourism Search this journal for Tourism (opens in a new tab)
- Hospitality Industry Search this journal for Hospitality Industry (opens in a new tab)
- Women Empowerment Search this journal for Women Empowerment (opens in a new tab)
- Job Creation Search this journal for Job Creation (opens in a new tab)
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Vol. 9 No. 4(J) (2017)
Inflation, Finance & Entrepreneurial Inclusion
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