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 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 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

African Sun sets aside US$11m in capex for 2024

This comes as African Sun is anticipating positive yields on the growing demand for meetings, incentives, conferencing and events business as well as several high-profile events.
By Tatira Zwinoira Jun. 12, 2024

African Sun flush with cash for capital investments

The commitment comes after the firm increased its capital commitments last year to US$11,01 million, up 20,22% on the 2022 figures.
By Tatira Zwinoira May. 3, 2024

VFEX: Greenback’s pulling power

All the companies that opt for the VFEX say they are lured by incentives.
By Newsday Feb. 9, 2024

Golf Zone: African Sun congratulates Royal Harare Golf Club

Eighty-nine rooms were completed, 85 being Standard rooms and four Executive rooms.
By Royal Harare Golf Club Sep. 29, 2023

African Sun speeds up US$4,2m refurbishment

“The group anticipates completing the US$4,2 million Hwange Safari Lodge 100 rooms refurbishment during the second quarter of the current year,” ASL said.
By Tatira Zwinoira May. 23, 2023

ASL’s VFEX listing to bolster investor sentiment

The counter became the 10th to trade its stock on VFEX, and the 8th to delist from ZSE for a listing on VFEX.
By Tinashe Duma Apr. 21, 2023