Tourism beats gold exports

Audrey D'Angelo|Published

The tourism industry contributed R35bn to SA's economy in the first six months of 2013, says the tourism minister.

Grand Parade Investments: Factory makes first gaming machines

Audrey D'Angelo|Published

Grand Parade Investments (GPI) and its German partner, Merkur Gaming, have produced the first two limited payout machines (LPMs) manufactured in South Africa from ...

ICCs in Cape Town and Durban boost economy

Audrey D'Angelo|Published

The international convention centres (ICCs) in Cape Town and Durban have both contributed billions of rand to the national economy in the past year, overcoming the ...

FlySafair alters ownership, awaits licence

Audrey D'Angelo|Published

FlySafair, the new scheduled airline started by long established charter airline Safair, is now owned by a majority of South African residents and is preparing to ...

Projects under way as Tsogo Sun hotels revive

Audrey D'Angelo|Published

A continued recovery in the hospitality industry helped listed hotel and gaming group Tsogo Sun to deliver firmer results for the six months to September, although ...

Business travel saves five-star hotels

Audrey D'Angelo|Published

An increase in business travel from overseasis pushing up demand for five-star hotel accommodation in SA.

Gambling revenue up in SA – PwC

Audrey D'Angelo|Published

Revenues from all forms of gambling have increased in spite of the economic slowdown, according to the latest survey by PwC.

Sun International lifts revenue but smoking ban limits gaming take

Audrey D'Angelo|Published

Sun International lifted total revenue for the quarter to September by 3 percent to just over R2. 5 billion, the hotel and casino group said yesterday.

SA Express set to open three new local routes

Audrey D'Angelo|Published

Heavily-indebted SA Express, the state-owned airline which operates as part of the SAA group although it is not owned by the national carrier, plans to undercut ...

Going guns for middle class in prosperous African states

Audrey D'Angelo|Published

Australian stock liquidation company Going moved into South Africa four months ago, with offices in Johannesburg and Cape Town, to use as a base for supplying retailers ...

Interdict halts FlySafair’s lift-off plan

Audrey D'Angelo|Published

The North Gauteng High Court has granted an interdict preventing Safair’s new low-cost airline, FlySafair, from starting flights.

Offshore growth lifts Phumelela

Audrey D'Angelo|Published

Strong growth in international operations, which accounted for 87 percent of group pretax profit, combined with a weaker rand helped tote operator Phumelela Gaming ...

SA Express flies back to profit after cost savings

Audrey D'Angelo|Published

SA Express had returned to profitability after a period of losses, the state-owned domestic and regional airline that operates as part of the SAA group reported ...

Comair’s earnings surge after 1time folds

Audrey D'Angelo|Published

Despite rising costs, Comair lifted headline earnings 12-fold in the year to June.

Business travel, conferences propel Premier Hotels

Audrey D'Angelo|Published

A rise in business travel, together with South Africa’s increasing popularity as an international conference destination, is enabling the rapid expansion of privately ...

Pretoria residents irked by casino plan

Audrey D'Angelo|Published

Sun International’s proposed casino development in Menlyn Maine is being opposed by residents’ associations in Pretoria.

No flights affected by SAA strike, says Acsa

Audrey D'Angelo|Published

A threatened strike by technical members of the SA Transport and Allied Workers Union at SAA had had no impact on flights on Monday, Airports Company South Africa ...

Fares set to fall as Safair spreads wings

Audrey D'Angelo|Published

Domestic airline fares on the busy route between Johannesburg and Cape Town – which shot up after low-cost airline 1time stopped flying in December last year – are ...

Smoking ban erodes Sun’s gaming profit

Audrey D'Angelo|Published

The ban on public smoking dampened the results of Sun International even as revenue rose eight percent to R10. 3bn for the year to June.

Hotels pocket savings by going green

Audrey D'Angelo|Published

Tsogo Sun is the latest hotel group in South Africa to join Eskom's 49M energy saving campaign.

Cullinan bags tourism interests of Imperial

Audrey D'Angelo|Published

Shares in Cullinan Holdings surged yesterday after the travel and tourism group said it had acquired all the tourism interests of Imperial Holdings through the issue ...

MSC Cruises offers local job seekers life on the ocean

Audrey D'Angelo|Published

For the first time MSC Cruises is inviting South Africans to apply for jobs on board its fleet of 12 ships that sail all year round in different parts of the world. ...

Unrest puts SA’s wine exports ‘at risk’

Audrey D'Angelo|Published

South Africa’s wine exports to Sweden are listed as “at risk” following the recent unrest.

Comair fights state’s support of SAA

Audrey D'Angelo|Published

Comair has launched a legal challenge in the high court against the government’s R5 billion guarantee for loans taken out by the national carrier.

Earnings rise as travellers find comfort at City Lodge

Audrey D'Angelo|Published

Improved results for the six months to December last year have enabled City Lodge to declare an interim dividend of R1. 76 a share, up 30 percent from the corresponding ...