Tsogo Sun Gaming, the owner of Montecasino and Suncoast Casino, which reported a 90% drop in earnings for the year to end-March, says it will focus on reducing debt and generating cash in the current financial year as more of its businesses are allowed to open. 

The pandemic has had a particularly harsh effect on the tourism sector around the world. In SA, tourism accounted for about 8% of GDP in 2019, employing more than 1.5-million people. Local Covid-19 restrictions resulted in many hotels, bars, restaurants, museums and other related businesses shutting their doors for months with no revenue. ..

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