Listed hotel and casino operator Tsogo Sun announced significant expansion plans for its three Gauteng casino operations, following approval by the Gauteng Gambling Board.
Tsogo Sun says it will retain its commitment to Durban's 'Golden Mile' through a R220m refurbishment, consolidation and relaunch of the Southern Sun Elangeni and Southern Sun North Beach hotels into one complex.
Nedbank Corporate Banking acts as joint funder of a further R500m syndicated loan to Tsogo Sun.

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