Tsogo Sun Gaming said on Wednesday that an increase in the cost of debt as a result of the unbundling of Tsogo Holding’s hotel interests in June will weigh on headline earnings for the six months to end September.

Headline earnings and basic earnings will diverge widely, with earnings per share expected to rise as much as 66% compared to the prior period, due to the company realising a R564m profit from discontinued operations due to the unbundling...

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