LATEST NEWS FOR Sun International Ltd.  

The Sun International Group has a diverse portfolio of assets including world class five star hotels, modern and well located casinos, and some of the world's premier resorts. Built on the original success of the Sun City Resort over three decades ag... [more info]

How South African companies are battling the pandemic and recession

18 Sep 2020 /  Roxanne Henderson, Janice Kew, Felix Njini and Loni Prinsloo, Bloomberg    1
How companies in key industries have coped with the unprecedented crisis.

North Coast’s iconic Fairmont Zimbali Hotel enters business rescue

UPDATE
17 Sep 2020 /  Suren Naidoo   7
Amid Covid-19 economic fallout.

‘SA’s international tourist summer season may just have been saved’

UPDATE
17 Sep 2020 /  Suren Naidoo   24
Pandemic-hit industry hails the president's announcement of borders opening in October.

Mount Grace is reopening, as are more Tsogo Sun hotels

8 Sep 2020 /  Suren Naidoo  
Expected to benefit from pent-up demand for local leisure travel following the easing of lockdown restrictions.

Nasdaq down, Truworths results and the JSE’s new meeting policy

4 Sep 2020 /  Simon Brown  
Mia Kruger of Kruger International on markets and company results as the US markets sell off overnight. Michael Mark, Truworths CEO, on results, managing the pandemic and changing customer shopping patterns. The JSE's Donald Khumalo on no-meeting Wednesdays at the JSE.

Sun International at lowest level since ’91 and how to structure a recovery portfolio outside of tech stocks

1 Sep 2020 /  Simon Brown  
Deryck Janse van Rensburg takes a look at AdvTech, Sun International and RCL results. Sea Harvest CEO Felix Ratheb on delivering strong results despite produce demand shifts. Anchor Capital's Henry Biddlecombe on opportunities in the non-tech part of the S&P 500.

Sun International to cut 3,300 jobs, swings to H1 loss

UPDATE
31 Aug 2020 /  Nqobile Dludla, Reuters  
Adjusted headline earnings declined from R172 million to a loss of R885 million in the period.

Sun International warns of half-year loss

25 Aug 2020 /  Emma Rumney, Reuters  
After it was forced to close its operations due to a coronavirus lockdown.

Corporate ‘kitchen-sinking’ in dystopia

24 Aug 2020 /  Ann Crotty   3
Sasol, PPC and Truworths cram in the bad news. Also a look at Sibanye-Stillwater backing Bapo-Ba-Mogale and the question of SOE authority.

Sun International partner to become sole owner of Sun Dreams

21 Aug 2020 /  Nqobile Dludla, Reuters  
Reached a settlement that will see Pacifico closing that deal and buying the remaining 50% stake in Sun Dreams

Rand dips as dollar lifted by Fed minutes

20 Aug 2020 /  Olivia Kumwenda-Mtambo and Nqobile Dludla, Reuters  
Government bonds firmed, with the yield on the 2030 instrument down 2 basis points to 9.270%.

S&P 500 at all time highs; PSG and its Capitec unbundling; Afrimat’s new acquisition

19 Aug 2020 /  Simon Brown  
Travis Robson of IG Markets SA on the S&P 500 trading at all-time highs. Nesan Nair of Sasfin Securities on the potential for a value unlock as PSG unbundles Capitec. Afrimat CEO Andries van Heerden on its iron ore acquisition and if there are signs of infrastructure spend.

Sun City to reopen in September

19 Aug 2020 /  Suren Naidoo   3
After five-month closure due to lockdown restrictions.

Stock market gains on easing lockdown rules

17 Aug 2020 /  Tumelo Modiba and Promit Mukherjee, Reuters  
Analysts said Ramaphosa's announcement provided much-needed relief for South Africa.

Level 2 rules allow restaurants to sell alcohol on weekends

UPDATE
17 Aug 2020 /  Suren Naidoo   12
Along with other surprises....

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