CNBC Africa sat down with the CEO of Tsogo Sun, Jacques Booysen, to discuss how the luxury casino and hotel company managed to keep stable results. Major increases were halted by the tough macro-economic environment and a drop in consumer confidence. Operating profit fell by 22 per cent to R3.6 billion. In spite of this the CEO is confident in their future plans for expansion and refurbishment.
Tsogo Sun maintains stable results despite drop in profits
PUBLISHED: Wed, 23 May 2018 15:04:18 GMT