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Tsogo Sun Holdings  // Browsing posts in Tsogo Sun Holdings

3 Sep 2015 Tsogo Sun Holdings

CAPE CASINO CAPERS

The cards in lucrative Cape casino industry will not be re-shuffled as planned by gaming giants Tsogo Sun and Sun International. Sun and Tsogo – with the help of Grand Parade Investments (GPI) – last year proposed a deal that would have diplomatically spread the ownership of the Western Cape casino segment – purportedly to […]

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TSOGO SUN COMMITS ITSELF TO SUSTAINABLE DEVELOPMENT THROUGH VARIOUS PROGRAMMES

Since the World Summit on Sustainable Development (WSSD) was held in Johannesburg in 2002, cross-sector partnerships have become increasingly prevalent. They have been adopted by many governments, businesses, civil society groups and international agencies as a mechanism for dealing with environmental, economic and social development challenges. This is according to a case study titled Current […]

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26 Aug 2015 Tsogo Sun Holdings

HOSPITALITY SHEDS MORE LIGHT IN UNITS

THE struggling Hospitality Property Fund on Tuesday provided more details of its plan to do away with its controversial dual unit structure. The real estate investment trust (Reit) has offered two unit structures with different risks and rewards. While its A unit holders have been receiving a guaranteed distribution, its B unit holders are unhappy […]

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LOYISO BALA INSPIRES ART ACADEMY KIDS IN DIEPSLOOT

Participating in the arts can add great value to anyone’s life, multi-award-winning singer, songwriter and producer Loyiso Bala told youngsters of the Tsogo Sun Arts Academy at Diepsloot Primary School on a recent visit to encourage and motivate them. “There are many skills and values that the arts teach you that you can use in […]

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18 Aug 2015 Tsogo Sun Holdings

TSOGO EYES STAKE IN STRUGGLING HOSPITALITY

IN WHAT could be the first step in its plan to list a property fund, leisure company Tsogo Sun is in talks to buy a significant stake in struggling real estate investment trust (Reit), Hospitality Property Fund. Hospitality on Monday announced that it and Tsogo were discussing a transaction. Its company secretary, Rosa van Onselen, […]

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18 Aug 2015 Tsogo Sun Holdings

MAJESTIC REVAMP FOR DURBAN HOTEL

Durban – Sun’s nine seafront hotels and the Suncoast entertainment destination in Durban inspire memories for hundreds of thousands of travellers and holidaymakers across generations – and the group’s investment in the rejuvenation of this elegant, mature and ambitious city is seeing to it that it holds its own into the future. From Tsogo Sun’s […]

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6 Jul 2015 Tsogo Sun Holdings

CASINO GIANTS DUMP CAPE RESHUFFLE DEAL

A proposed reshuffle of casino ownership in the Western Cape market — which would have secured gaming and hotel giant Tsogo Sun a hand in all five provincial licences — was taken off the table at the weekend. In May last year Tsogo proposed paying almost R2.2bn to acquire a 40% stake in SunWest — […]

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4 Jul 2015 Tsogo Sun Holdings

BID FOR STAKE IN SUNWEST, WORCESTER CASINO COLLAPSES

Johannesburg – Tsogo Sun’s bid to acquire a minority stake in Sunwest International and Worcester Casinos from Sun International and Grand Parade Investments has collapsed, the company announced on Friday. The proposed transaction has been under discussion since May 2014. The deal collapsed after the date of implementation for the transaction, a key condition on […]

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4 Jul 2015 Tsogo Sun Holdings

TSOGO SUN CANS SUN INTERNATIONAL DEAL

The R2.1bn deal was first announced in May last year, but was shot down by antitrust authorities in January. South African gaming and hotel group Tsogo Sun Holdings has scrapped plans to buy a minority stake in two casinos owned by Sun International , the companies said after the markets had closed on Friday. The […]

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TSOGO SUN BACKS GENERATION EARTH

On World Environment Day on Friday, 5 June, Tsogo Sun entered into a new partnership with Generation Earth, a green networking platform with the youth, for the youth and by the youth. This new relationship, which sees Tsogo Sun becoming the venue and accommodation partner to Generation Earth, including their annual summit in October this […]

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