South Africa

By: Heather GartlandTsogo Sun sells its City Lodge stake and reports a R30m loss
Tsogo Sun reduced its City Lodge holding after an October 2025 sale, recording a R30m loss and signalling a tighter focus on core assets.

By: Heather GartlandSouth African Treasury Department Proposes 20% Online Gambling Tax
South Africa’s National Treasury has proposed a new 20% tax on online gambling revenue. We break down the proposal and its potential impact.