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Tsogo Sun dumps R23bn casino disposal deal with Hospitality

  • Published in News

In July, the company said it would sell a portfolio of seven of its casino and hotel businesses to the Hospitality Property Fund. Hotel and gaming group Tsogo Sun on Monday ditched its proposed disposal of seven mixed-use casino properties to Hospitality Property Fund and also the subsequent distribution of the group’s entire holding of Hospitality shares to Tsogo shareholders after some investors did not support the transaction.

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How to raise money-wise kids

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When you become a parent, you take on the responsibility of not only supporting and protecting your child, but also raising them to one day be self-sufficient, responsible for supporting and protecting themselves. This is best done by instilling age-appropriate life skills and values that will equip them for each stage of life and ease their transition into adulthood.

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Half of SA retires with too little to survive

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Retirement in South Africa seems to be growing increasingly filled with struggles. A recent report commissioned by Alexander Forbes is an analysis of the largest groupings of data complied from all retirement fund surveys in SA, and some of the facts it reveals are shocking.

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“Day Zero” still impacting Cape Town tourism

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Many tourists are under the impression that the crippling drought in the Mother City is still ongoing despite the dams now being an average of 73% full. In countries such as the United Kingdom and Australia, companies have not yet updated their travel advisories to reflect that the water crisis has passed, which is hurting Cape Town’s tourism and hotel industries.

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Here is your new Mayco, Cape Town

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Cape Town’s newly-elected mayor, Dan Plato, has announced the new members of his Mayoral Committee (Mayco) while retaining only two members of the old Mayco. Many Capetonians hope that the new Mayco will bring a more united Cape Town, and that it will work towards better and more efficient service delivery.

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Reduce, reuse and recycle with Hulamin

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In May this year the Department of Environmental Affairs announced on an ambitious strategy to embark on a “source to sea” initiative to combat plastic pollution.  Since then there has been an increased focus worldwide regarding packaging with South Africa being among the countries to join the Clean Seas campaign initiated by the United Nations Environmental Program.

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