U.S.-based multinational hotel and leisure company Starwood Hotels and Resorts Worldwide plans to boost the number of its hotels in Africa to 100 by 2020 from 37 now, BDLive reported. The group, which runs the brands Le Meridien, Westin and Sheraton, targets to have 50 hotels on the continent by 2015. It plans to open new hotels in Nigeria, Egypt, Algeria, Libya, Senegal and Mauritius in the next two years. Starwood will be also looking at opportunities in Zanzibar, Rwanda, Angola, Kenya and Ghana. Starwood operates two hotels in South Africa - The Sheraton Pretoria and The Westin Cape Town. |
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more