Monday, 23 November 2015 19:44

Hopes for uptick in spending drive Tsogo Sun

Tsogo Sun is still betting big on a consumer spending upturn, investing R1bn on revamping its properties.

Sun International pulls out all the cost- cutting stops to offset tough trading conditions in its SA market but is tripped up by a poor start at its new casino in Panama and foreign exchange losses in Nigeria.

Tsogo Sun and Sun International to persuade the Competition Tribunal to ignore the Competition Commission’s recommendation that their planned Cape market-share agreement be prohibited.

Casino industry will effectively be reduced to two big rollers Tsogo Sun and Sun International.

Sun International Limited acquires 100% of gaming and hospitality company, Peermont Group through its wholly owned subsidiary

Sun International half year headline earnings growth expected between 10 and 15 percent.

Sun International, South Africa's second-largest casino and resort operator, is undergoing significant change after years of underperformance.

Sun International says it expects diluted headline earnings per share for the year ended June 2014 to be 5%-10% lower

Most Popular

Lifestyle, status and scarcity sustain demand in Johannesburg's sought-after northern suburbs

Oct 21, 2026
Melrose home sold for R27m by Pam Golding Properties
Limited availability of homes to purchase, established lifestyle appeal and proximity to…

CESA warns infrastructure funding must deliver tangible results following MTBPS

Oct 22, 2026
Chris Campbell CESA CEO
Consulting Engineers South Africa (CESA) has called for stronger infrastructure…

Fuel Levy Relief Welcome, but Sustained Growth and Housing Affordability Remain Key to Property Market, says Dr Andrew Golding

Oct 22, 2026
Default Image
The announcement in today’s Medium Term Budget Policy Statement (MTBPS) of temporary fuel…

Development advances at Newlyn Logistics Park, Gqeberha, with operator-focused warehouses

Oct 21, 2026
Newlyn Logistics Park Gqeberha
Newlyn Group's development of Newlyn Logistics Park in Gqeberha, Eastern Cape, is…

Madadeni Mall opens, bringing everyday essentials closer to home

Nov 05, 2026
Madadeni Mall
Madadeni’s first enclosed shopping mall opened on Thursday, 29 October 2026, bringing…

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.

Properties

Please publish modules in offcanvas position.