African Sun Limited - The Standard

Topic : African Sun Limited

African Sun to offload US$15m hotel by June 30

The sale of Monomotapa Hotel comes as the hotel recorded a loss of US$883 293 in 2023, before turning it into a profit after tax of US$88 992 last year.

By Tatira Zwinoira and Lee Musaidzi May. 5, 2025

African Sun to offload US$15m hotel by June 30

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African Sun gears up for major refurbishments

The renovations will be funded from the sale of the group’s non-strategic assets which the firm is offloading to focus on its key earning properties.

By Business Reporter Mar. 13, 2025

African Sun gears up for major refurbishments

RTG targets Monomotapa Hotel in fresh expansion bid

ASL has been offloading non-core assets as part of its restructuring efforts.

By Tafadzwa Mhlanga Mar. 7, 2025

RTG targets Monomotapa Hotel in fresh expansion bid

African Sun promotion to boost domestic tourism

According to African Sun, guests will enjoy exclusive rates at different resorts including Caribbea Bay Resort and Great Zimbabwe Hotel.

By Staff Reporter Feb. 7, 2025

African Sun promotion to boost domestic tourism

Victoria Falls Hotel lease remains intact: Owners

Contrary to the widespread rumours, the partnership reassured stakeholders that the lease arrangement is secure and will continue for the foreseeable future.

By Ashton Ndakusiya Jan. 3, 2025

Victoria Falls Hotel lease remains intact: Owners

A new era beckons for African Sun

The African Sun logo now features sleek fonts and vibrant orange rays, reflecting energy and positivity, while warm brown colours offer a comforting embrace.

By Business Reporter Dec. 8, 2024

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 backtracks on selling two hotels

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 group agrees to dispose non-core assets

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