Boost for City Lodge as it announces deals to sell East African hotels

The group has inked two separate agreements to sell hotels in Tanzania and Kenya for a total of R142m

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Scale of supply chain disruption underscored in Netstar data

More than three-quarters of transport vehicles in KwaZulu-Natal could not travel due to violence

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PODCAST | New app set to change face of taxi fleet ownership in SA

Mudiwa Gavaza speaks to Mbavhalelo Mabogo, founder and CEO of Quickloc8

Sun International appoints Sam Sithole as new chair

CEO of Value Capital Partners, one of Sun’s largest shareholders, was appointed to the board in 2018

Comair suspends flights until July 30 due to Covid-19 third wave

Flights will not take place from Monday until July 30, subject to the latest surge of infections being contained

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Leisure-focused stocks feel pressure as SA enters level 4 lockdown

Shares of hotel operators and restaurants are under strain as their embattled industries endure a fourth alcohol sales ban

Tourism and leisure stocks a punt worth taking, says Allan Gray

Hotel and gaming stocks are trading at discounts of up to half of their replacement costs

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Imperial Logistics buys Namibia’s Deep Catch to grow cold storage capacity

R633m deal to help bolster its presence in markets where cheap protein is in high demand

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New York's yellow cabs make a comeback amid Uber, Lyft driver shortages

A driver shortage at Uber and Lyft has left city riders frustrated with high fares and long wait times, leading many to step off the curb and raise a hand

Super Group looking forward to jump in profits

Logistics and fleet-management company expects annual headline earnings to rise more than 64%

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BA and Ryanair fly into trouble over Covid refund policy

UK competition authority looks into customers’ complaints the airlines denied refunds and offered vouchers  while they were unable to fly

Mango’s financial difficulties multiply

It is anticipated that it will receive R819m from the treasury in July after the passing of the Special Appropriation Bill in parliament

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Rail is the key to making Africa the world’s largest free-trade area

SPONSORED | TMH Africa’s world-class products are made in Africa, by Africans, to move goods and people across Africa

SPONSORED
WATCH: Tourism sector in focus as third wave looms

Tourism Business Council of SA CEO Tshifhiwa Tshivhengwa talks to Business Day TV

Tsogo Sun Gaming to reduce debt as earnings plummet

The company’s income for the year to end-March fell 51% as pandemic hit global tourism sector

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Sweden’s Dometic to buy SA’s Front Runner Vehicle Outfitters

Listed Swedish firm agrees to buy SA producer of outdoor vehicle accessories for undisclosed sum

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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.