African Sun to offload Kariba’s Caribbea Bay Resort
The sale of the hotel is part of ASL’s broader divestment strategy targeting non-core assets.
By Business Reporter
May. 29, 2025
African Sun to offload US$15m hotel by June 30
The sale of Monomotapa Hotel comes as the hotel recorded a loss of US$883 293 in 2023, before turning it into a profit after tax of US$88 992 last year.
By Tatira Zwinoira and Lee Musaidzi
May. 5, 2025
Premium
African Sun gears up for major refurbishments
The renovations will be funded from the sale of the group’s non-strategic assets which the firm is offloading to focus on its key earning properties.
By Business Reporter
Mar. 13, 2025
RTG targets Monomotapa Hotel in fresh expansion bid
ASL has been offloading non-core assets as part of its restructuring efforts.
By Tafadzwa Mhlanga
Mar. 7, 2025
African Sun promotion to boost domestic tourism
According to African Sun, guests will enjoy exclusive rates at different resorts including Caribbea Bay Resort and Great Zimbabwe Hotel.
By Staff Reporter
Feb. 7, 2025
African Sun promotes local tourism destinations for 2025
According to African Sun, Hwange Safari Lodge has undergone recent refurbishments and offers a unique blend of nature and comfort.
By Online Reporter
Jan. 21, 2025
Victoria Falls Hotel lease remains intact: Owners
Contrary to the widespread rumours, the partnership reassured stakeholders that the lease arrangement is secure and will continue for the foreseeable future.
By Ashton Ndakusiya
Jan. 3, 2025
Big turnout for Troutbeck Resort Classic golf tourney
African Sun Hotels ensures an unforgettable golfing getaway, catering to diverse tastes.
By Munyaradzi Madzokere
Dec. 13, 2024
A new era beckons for African Sun
The African Sun logo now features sleek fonts and vibrant orange rays, reflecting energy and positivity, while warm brown colours offer a comforting embrace.
By Business Reporter
Dec. 8, 2024
