Covid is over, the great reopening trade is just beginning
Covid-19, like any virus, is dying a slow death. The hysteria and fearmongering that fuelled pandemic panic is finally drawing to a close.
Covid-19, like any virus, is dying a slow death. The hysteria and fearmongering that fuelled pandemic panic is finally drawing to a close.
A quiet week for local and international markets because of Thanksgiving in the United States. However, it still provided much to ponder.
Maybe after all these years, Kerzner Unauthorised by Allan Greenblo may yet be published for all to read, says Noseweek’s Martin Welz.
Piet Viljoen joined the BizNews Power Hour where one of the topics discussed was lockdown, particularly with reference to its burden on the restaurant industry.
The hospitality industry has been hit hard by Covid-19. Sun International CEO Anthony Leeming told BizNews how they’ve responded to the pandemic.
Mr Price Group has announced that it will purchase 100% of Yuppiechef, a South African e-commerce business focused on home and kitchenware.
Sun International has sold Carousel Casino licence, removed centre from Most Valued Guest loyalty programme.
The guide price on the Sun International property is R200m; the municipal valuation of the Sun Carousel is R529m.
Casino and hotel company Sun International plans to retrench 2,300 employees in SA, a move that could save up to R280m in employment costs.
Sun International bosses say they expect the company to recover from Covid-19 containment, but it won’t be quick. The company has reported a loss.