African Sun Limited

African Sun Limited (AFSL) is closing its Kingdom Hotel in Victoria Falls in January next year after 23 years in operation. The company in July this year announced that it had failed to agree on a fresh lease agreement with the owners of…
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Hospitality group, African Sun Limited has lost US$4,2 million from the cancellation of 14 512 bookings as at March this year due to the outbreak of Covid-19 pandemic.
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Zimbabwe Stock Exchange-listed hospitality concern, African Sun Limited, has embarked on an intensive refurbishment of most of its hotels countrywide at a cost of US$25 million in a move likely to boost occupancy levels.
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By Shame Makoshori Zimbabwe’s largest hotel chain, African Sun Limited (ASL), is planning to embark on an aggressive promotion in the domestic and foreign markets to boost occupancies and increase revenue after turnover from continuing…
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Listed hotelier, African Sun Limited (ASL), has embarked on a major refurbishment exercise on its hotels in its quest to attract higher occupation rates. “Exterior painting at Elephant Hills Resort and Conference Centre is now…
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By Innocent Ruwende Harare City Council, which is struggling to pay salaries and provide basic services to its residents, is spurning a lucrative deal, which has the potential to bring $1,76 million into the city’s coffers.…
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By Kudzai Chipamuriwo HARARE - Zimbabwe Stock Exchange-listed hotel group, African Sun Limited (ASL), says it has closed its loss-making Beitbridge Express Hotel to focus on other profitable ventures. “Over the last three years…
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HARARE - African Sun Limited (ASL) chief executive Shingi Munyeza has resigned with immediate effect, as private equity firm Brainworks Capital Management (BCM) plans a total takeover of the listed hospitality group.
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