Possible job losses for residentsMichelle Boshoff
Makgoba further stated that the Royal Hotelâs ability to pay its short-term obligations is progressively reducing year-on-year and its current assets are less than its current liabilities, which is a further indication that the hotel is insolvent.
LYDENBURG â The Democratic Alliance (DA) has called on Mpumalanga MEC of the Department of Public Works, Roads and Transport, Mohita Latchminarain, to save 55 jobs by presenting a rescue plan for the 127-year-old Royal Hotel in Pilgrimâs Rest.
According to Sammy Makgoba, the acting CEO of Mpumalanga Regional Training Trust (MRTT), the Royal Hotel could be closing its doors. This will affect its 55 employees.
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