Sun International’s (SUI) expansion into Latin America helped it grow overall revenue 15% to R12bn‚ but the casino group lost R503m in the year to end-June due to purchasing costs and legal settlements.
Tsogo Sun and Sun International resuscitate plans for a reshuffling of casino ownership in the Western Cape.
Taste Holdings announces that the first Starbucks stores in SA will be opened in Rosebank and the Mall of Africa in Midrand in late April.
Sun International, South Africa's second-largest casino and resort operator, is undergoing significant change after years of underperformance.
Hotel and casino operator Grand Parade Investment shares were down 4.87% to R3.71 on Friday after it said that talks with Peermont had ended.
Grand Parade Investments says a reasonable degree of certainty exists that basic earnings per share for the six months ended December 2012 will be between 60% and 70% lower.
You may have heard of Grand Parade Investments (GPI) but you have almost certainly heard of Burger King. It’s all about branding. But the fast food business is also all about real estate.

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