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regarding the management of 5 of its hotels. The deal was running since
October 2015, and implied that Legacy Hospitality would refurbish the properties it would manage. The deal cancellation was justified by "disagreements", and African sun assured that Legacy Hospitality was actually not in charge
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In
February 2016, African Sun paid a 200,000-dollar water bill to the municipality of Victoria Falls to clear its outstanding 383,000-dollar debt. In July 2016, African Sun bought 2,050 m2 of the
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346:, the first Zimbabwe-based company to be indexed on the South African stock exchange. In July 2018, Nkala stepped down, and Alex Makamure was appointed new chairman of the board.
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to extend the Crowne Plaza
Momomotapa Hotel, a deal that was in the pipes since 2010. In October 2017, Brainworks, African Sun's holding company, was introduced in the
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576:"The JSE-listed owner of the Victoria Falls Hotel promised Zim it would list there too. Now it wants a postponement until elections are done"
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In 2018, the group's revenue grew 32% to 68.5 million dollars, and it spent 5.8 million dollars in refurbishments. In 2019, the
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of refurbishing the hotels under management. Two months later, Legacy
Hospitality appealed the cancellation in court.
331:, and announced a year later its withdrawal from regional operations to focus on its domestic market. In March 2015,
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company established in 1968. It operates in the hospitality and leisure industry through a number of
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312:. By 2012, it managed 1,000 rooms. In 2009, Africa Sun welcomed the US President
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In 2011, African Sun retrieved from the management of The Grace hotel in
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In May 2019, African Sun terminated its deal with the South-African
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458:"Accra welcomes Barack Obama for his first Ghana visit"
759:"Legacy challenges African Sun contract cancellation"
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This article about a hotel or resort in Africa is a
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323:In January 2015, the company sold its hotels in
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681:"Zimbabwe hoteliers count the cost of chaos"
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654:"African Sun spends US$ 5,8m on facelifts"
484:"African Sun abandons regional operations"
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863:Hospitality companies established in 1968
209:E.T Shangwa, CEO. Alex Makamure, Chairman
106:Learn how and when to remove this message
316:in its Holiday Inn-managed hotel at the
523:"African Sun settles municipality bill"
370:
353:led to revenue drops for African Sun.
42:Please improve this article by adding
732:"African Sun opens up on Legacy deal"
705:Tawanda Karombo (22 September 2015).
679:Memory Mataranyika (8 October 2019).
335:left and E.T Shangwa became the CEO.
7:
797:
795:
636:"African Sun ends Legacy flirtation"
707:"Legacy Hotels to help African Sun"
606:"African Sun appoints new chairman"
431:Firdose Moonda (2 September 2011).
406:"African Sun: Zim, Africa and back"
14:
858:Hospitality companies of Zimbabwe
510:Shingi Munyeza leaves African Sun
379:"Zimbabwe Stock Exchange website"
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634:Tawanda Musarurwa (6 May 2019).
549:"City-African Sun deal gets nod"
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873:1968 establishments in Rhodesia
574:Phillip de Wet (6 April 2018).
383:www.zimbabwe-stock-exchange.com
1:
44:secondary or tertiary sources
811:. You can help Knowledge by
297:The group spun off from the
285:and is a constituent of the
757:Alois Vinga (8 July 2019).
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794:
512:, Zimbabwe, April 1, 2015
433:"Saying goodbye to Grace"
287:Zimbabwe Industrial Index
163:Zimbabwe Industrial Index
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283:Zimbabwe Stock Exchange
351:Zimbabwe fuel protests
281:. It is listed on the
273:operations throughout
255:hospitality management
31:relies excessively on
580:Businessinsider.co.za
658:Theindependent.co.zw
410:Theindependent.co.zw
320:airport (in Ghana).
239:Africansunhotels.com
878:African hotel stubs
310:Rosebank, Cape Town
247:African Sun Limited
226:Number of employees
220:35.2 million (2009)
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586:on 26 October 2020
529:. 24 February 2016
358:Legacy Hospitality
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299:Delta Corporation
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333:Shingi Munyeza
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55:"African Sun"
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51:Find sources:
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29:This article
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813:expanding it
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766:. Retrieved
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738:. 9 May 2019
736:Herald.co.zw
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588:. Retrieved
584:the original
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314:Barack Obama
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279:South Africa
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190:Headquarters
133:Company type
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852:Categories
768:31 October
742:31 October
716:31 October
690:31 October
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616:31 October
590:31 October
559:31 October
533:31 October
494:31 October
468:31 October
442:31 October
416:31 October
388:2017-09-06
365:References
205:Key people
119:AfricanSun
96:April 2010
66:newspapers
33:references
711:Iol.co.za
685:Fin24.com
271:timeshare
145:Traded as
437:Mg.co.za
305:as CEO.
275:Zimbabwe
251:Zimbabwe
198:Zimbabwe
172:Industry
329:Nigeria
293:History
267:casinos
263:resorts
249:, is a
235:Website
214:Revenue
182:Founded
156::
80:scholar
259:hotels
253:based
194:Harare
176:Hotels
137:Public
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325:Ghana
318:Accra
87:JSTOR
73:books
809:stub
770:2019
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561:2019
535:2019
496:2019
470:2019
444:2019
418:2019
327:and
277:and
269:and
230:2250
185:1968
158:ASUN
59:news
344:JSE
218:USD
154:ZSE
35:to
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