Hospitality and liquor shares rise as SA heads to level-2 lockdown
The share price price of Tsogo Sun Hotels was up 18% in early trade on Monday, while City Lodge and Sun International also saw strong gains
17 August 2020 - 10:43
JSE-listed counters dependent on tourism and liquor sales rose on Monday ahead of an easing of Covid-19 restrictions on Tuesday.
President Cyril Ramaphosa announced on Saturday night that restrictions on interprovincial travel, liquor and tobacco sales, and restaurants would be lifted as SA moves to level 2 of the risk-adjusted strategy at midnight on Monday...
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