How 12J fuelled a hotel heavyweight
12J funding scheme was the fuel behind an emerging hotel heavyweight, even though Covid has dealt heavy blows to the leisure and travel industry
01 July 2021 - 05:00
The Capital Hotels & Apartments is probably the best known of the hotel groups that have boomed as a result of money from the section 12J investment scheme (a tax incentive that was scrapped from the end of June).
Today, the group consists of 10 hotels with conferencing facilities in Sandton, Rosebank, Pretoria, Cape Town and Umhlanga...
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