TTSSP recommends strategies to curb tourism revenue leakages
1 Articles
1 Articles
TTSSP recommends strategies to curb tourism revenue leakages
DODOMA: THE Tanzania Tourism Sector Safety and Protection (TTSSP) has urged the government to formulate a tourism investment policy requiring all new tourism projects to have at least 51 percent local ownership. The organization made the recommendation as one of the solutions to the significant challenges faced by tourism sectors in developing countries, where most of the revenue often leaks out of the local economy to foreign-owned companies an…
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