Sun International has responded to comments made by members of the national parliament that on of its venues was in line to face a 30 percent drop in bookings as a result of a declining regional trade.
A parliamentary committee reported that the Sun City resort and casino was set to see a $7m (R100m) shortfall in revenue as a result of future mine retrenchments in the area.
It claimed that: “The committee heard that Sun City is highly dependent on the disposable income of communities living in the surrounding area. The looming threat of retrenchments at mines such as the Impala Platinum mine‚ which retrenched about 2‚000 miners in 2017‚ poses a big risk for the resort.”
The report went on to assert that the resort has seen bookings fall by 30 percent this financial year, which Sun International has since denied.
“We have been made aware of a report in the media linking Sun City to a story about platinum mines in the North West Province. We can confirm that the information was neither issued by Sun International, nor authorised by us,” said Sun International manager for communications and insight, Zoleka
Skweyiya. “The details are factually incorrect and the numbers quoted are not indicative of Sun City’s performance which is underpinned by its broad market appeal, including international tourism.”
Skweyiya offer no further comment on the health of the business, but given the tumultuous market conditions facing South Africa it would not be beyonds the realm of possibility that the company’s next official financial report may have some less than desirable figures within it.