South African hotel & casino operator Tsogo Sun to take $4.3 mln hit from VAT

South African hotel & casino operator Tsogo Sun to take .3 mln hit from VAT
Booysen expects the impact of the new tax on EBITDAR to be about 134 million rand and the earnings impact to be about 100 million rand. “Add to that the weak state of the South African economy and many of the commodity focused countries in which the group …
South African hotel & casino operator Tsogo Sun to take .3 mln hit from VAT