Hotel sold for a song
Mar 21, 2021
2 minutes
ANA REPORTER
LOUIS NEETHLING
THE Fairmont Zimbali Hotel on the KwaZulu-Natal North Coast has been acquired by The Capital Hotels and Apartments for R240 million.
The Capital Hotels confirmed on Friday that the business rescue practitioners (BRPs) had chosen the hotel group as the “preferred bidder”.
The company said the deal was likely to go
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