VOICED : Tourists profit from South African curren

Cape Town, known for its beaches and mountains, is attracting more tourists due to the weak South African Rand, which has hit a five-year low against the dollar. This depreciation benefits tourists and exporters in the short term but poses long-term economic challenges. The Rand's decline is influenced by US economic policies and domestic labor strikes. Despite fears of inflation, prices remain stable, offering tourists more value.

What factors have contributed to Cape Town becoming a popular holiday destination?

How has the depreciation of the South African Rand affected foreign tourists in Cape Town?

Discuss the impact of the Rand's depreciation on local consumers and importers.

What economic challenges does South Africa face despite the influx of tourists?

What are the long-term implications of the Rand's value loss for South Africa's economy?