Tsogo Sun has become a leading player in SA’s hotel industry, owning some of the most sought-after hospitality assets in the country. It recently bought a stake in SA’s only hotel Real Estate Investment Trust (Reit), the Hospitality Property Fund (HPF). The question is how does Tsogo plan to make its investment in HPF a success? Mining companies often have themselves to blame for the scepticism with which their activities in the communities and beyond the scope of production are regarded. Many firms engage in a lot of work behind their public façade, generate income for their employees and governments and make a difference in communities. There are obviously those that don’t do as much as they can or are able to and the social upheaval that erupts around their operations is a clear indication that something is wrong. But a lot of work is unheralded, which doesn’t help the industry that is already an easy whipping boy for politicians looking for a platform and labour unions looking t...
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