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2017  // Posts published in 2017

2 Oct 2017 Tsogo Sun Holdings

TSOGO SUN’S NEW DUAL-BRAND 19-STOREY HOTEL OPENS IN CAPE TOWN

Tsogo Sun’s new R700m, dual-brand, 19-storey hotel in Cape Town’s CBD recently celebrated its official opening with the Director General of Tourism, Victor Tharage, delivering the keynote address, speeches by Executive Mayor Patricia de Lille and Premier Helen Zille, and many other local dignitaries and celebrities in attendance. The development incorporates two economy hotels, the […]

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THESE CAPE HOTELS ARE CURBING THEIR WATER USAGE

The Federated Hospitality Association of South Africa’s Cape branch is playing its part in curbing water usage in the drought-stricken province, encouraging local members and businesses to become more water-wise. In a statement, FEDHASA Cape Chairperson Jeff Rosenberg says that it’s time for establishments to “think out of the box” and come up with new […]

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BUSES EN ROUTE TO LA CONCORDE TO REPLACE THE BRANDY ASSETS

Shareholders of La Concorde, formerly KWV, will be getting buses to replace the brandy assets that were sold to Vivian Imerman’s Visari a year ago for R1.5bn. Hosken Consolidated Investments (HCI), the holding company for Niveus Investments, which holds 58% of La Concorde, is selling Golden Arrow to La Concorde in a complicated deal that […]

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DIRECTORS DEALINGS IN SECURITIES

In compliance with Rules 3.63 – 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: Name:                                         JA Copelyn Designation:                           […]

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7 Aug 2017 Niveus Investments

LA CONCORDE HUNTS FOR NEW OPERATIONAL ASSET

La Concorde Holdings, the unlisted company formerly known as KWV Holdings, will probably present proposals for the acquisition of a new operating asset within three months. KWV sold its core liquor assets in 2016 to a company headed by entrepreneur Viv Imerman, leaving property and art assets and hefty cash proceeds in the newly constituted […]

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SILVERSTAR CASINO SUPPORTS YOUNG CHESS PLAYERS

Silverstar Casino continues to host chess competition to nine primary schools on the West Rand. Nine primary schools on the West Rand have benefited massively from Tsogo Sun and Silverstar Casino’s Moves for Life programme after a chess competition commemorating the International Day of Chess from 25 to 28 July was held. The aim of […]

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LA CONCORDE HUNTS FOR NEW OPERATIONAL ASSET

La Concorde Holdings, the unlisted company formerly known as KWV Holdings, will probably present proposals for the acquisition of a new operating asset within three months. KWV sold its core liquor assets in 2016 to a company headed by entrepreneur Viv Imerman, leaving property and art assets and hefty cash proceeds in the newly constituted […]

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13 Jul 2017 Transport

GOLDEN ARROW HITS PROFIT TARGETS

Smart investments by parent company Hosken Consolidated Investments (HCI) have ensured iconic public transport specialist Golden Arrow Bus Services has remained firmly on the profit high road despite some difficult trading conditions. Last month HCI CEO Johnny Copelyn said he was really pleased that Golden Arrow –which operates exclusively in the greater Cape Town metropole […]

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27 Jun 2017 SENS Announcements

UPDATE ON THE RESTRUCTURE OF HCI’s GAMING BUSINESSES

Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE (“SENS”) by HCI on 14 March 2017 in respect of the proposed consolidation of HCI’s gaming interests under Tsogo Sun Holdings Limited (“Tsogo”), the (“Proposed Transaction”). Shareholders are advised that HCI, Tsogo and Niveus Investments Limited (“Niveus”) have concluded […]

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15 Jun 2017 Tsogo Sun Holdings

WHY MARCEL VON AULOCK QUIT TSOGO SUN

The market is trying to understand the abrupt departure of CEO Marcel von Aulock, who says it’s about quitting on a high note. Marcel von Aulock’s resignation as CEO of Tsogo Sun is the latest in a line of somewhat unexpected CEO exits. First was Asher Bohbot of EOH, then Thabo Dloti from Liberty. Alan […]

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