African Sun Announces Strategic Asset Disposal
Zimbabwe’s leading hospitality group, African Sun, has officially put Monomotapa Hotel in Harare on the market. This move aligns with the company’s broader strategy to unlock value, recapitalise, and strengthen its core portfolio.
A Major Shift in the Hospitality Landscape
✔ Part of African Sun’s asset disposal plan to reinvest in key properties
✔ Shareholders & investors notified in a cautionary statement
✔ Negotiations ongoing for the sale of multiple hospitality assets
This sale signals a new chapter for Monomotapa Hotel, an iconic property in Harare’s hospitality scene. The outcome of this move could reshape Zimbabwe’s hotel investment landscape, offering fresh opportunities for potential buyers.
Who will acquire this landmark? Stay tuned as the story unfolds!
