African Sun backtracks on selling two hotels
As defined by the Zimbabwe Stock Exchange, a category 1, category 2 or category 3 refer to a transaction that is principally an acquisition or disposal by an issuer.
By Tatira Zwinoira
Oct. 14, 2024
African Sun group agrees to dispose non-core assets
African Sun also wholly owns Dawn Properties, which is a property-owning company, after buying out minority shareholders in 2021.
By Rufaro Hozheri
Sep. 13, 2024
African Sun checks out of two hotels
The firm seeks to serve the mid–tier tourism market with a product offering that will cover all of Zimbabwe’s major tourist and travel destinations, according to African Sun.
By Tatira Zwinoira
Sep. 5, 2024
African Sun sets aside US$11m in capex for 2024
This comes as African Sun is anticipating positive yields on the growing demand for meetings, incentives, conferencing and events business as well as several high-profile events.
By Tatira Zwinoira
Jun. 12, 2024
African Sun flush with cash for capital investments
The commitment comes after the firm increased its capital commitments last year to US$11,01 million, up 20,22% on the 2022 figures.
By Tatira Zwinoira
May. 3, 2024
VFEX: Greenback’s pulling power
All the companies that opt for the VFEX say they are lured by incentives.
By Newsday
Feb. 9, 2024
Golf Zone: African Sun congratulates Royal Harare Golf Club
Eighty-nine rooms were completed, 85 being Standard rooms and four Executive rooms.
By Royal Harare Golf Club
Sep. 29, 2023
African Sun speeds up US$4,2m refurbishment
“The group anticipates completing the US$4,2 million Hwange Safari Lodge 100 rooms refurbishment during the second quarter of the current year,” ASL said.
By Tatira Zwinoira
May. 23, 2023
ASL’s VFEX listing to bolster investor sentiment
The counter became the 10th to trade its stock on VFEX, and the 8th to delist from ZSE for a listing on VFEX.
By Tinashe Duma
Apr. 21, 2023
