Sun International sees light at the end of the Covid-19 tunnel

DURBAN – Sun International said on Tuesday that it was on the mend after its operations were severely curtailed by the trading restrictions placed by governments following the Covid-19 outbreak, with its South African operations at the centre of its recovery.

The group said South African casino operations resumed trading from the beginning of July after the easing of the lockdown measures, but its Latin America operations remain under a hard lockdown and have been unable to trade since March while the Federal Palace Hotel in Nigeria had only recently reopened and had shown a muted recovery.

Last month, Sun International achieved 73 percent of last year’s total income for the same month, while in July the group achieved 33 percent of total income compared to the same period last year.

“All the company’s South African operations have reopened, with Sun City having re-commenced trading in September once the restrictions on interprovincial travel were lifted and the Maslow Sandton and Table Bay hotels having resumed operating in October and November, respectively,” the group said.

Sun International operates in the hotel, resort, casino and gaming industry.