Saturday, April 13, 2024

Tag: durban

New dawn for SunCoast as Tsogo plans for 2019

SunCoast, Tsogo, Africa, durban
Leading African casino operator Tsogo Sun has officially reopened its Suncoast hotel and casino complex on Durban’s Golden Mile after two years of improvement works. Tsogo Sun is looking to the new year with high hopes after the completion of a long-mooted casino redevelopment. In the first half of 2018 the company saw a large portion of its operational profit...

Tsogo Sun readies Durban opening

Tsogo Sun, Durban
Hotel and casino operator Tsogo Sun is preparing to unveil its fully-redeveloped Suncoast property in Durban, South Africa. The $110m (R1.6bn) investment is the largest single property outlay in the group’s history, according to its COO Glenn Joseph and also one of the largest that has gone Durban’s Golden Mile rejuvenation project. “This investment reflects the confidence we have in Durban...

South Africa resisting knee jerk reaction at GDP contraction

South Africa’s GDP saw its sharpest contraction in nine years in the first quarter of the year as the dizzying highs of the early-Ramaphosa era stabilised at a more considered level. After expanding 3.1 percent in the final quarter of last year, South Africa’s GDP shrank by 2.2 percent in the first three months of 2018. Despite such fluctuations the nation...