The hotel group says most of its impairments are due to the assessment of the negative impact of Covid-19 on forecast cash flows generated by hotels for the financial years ending March 2022 and March 2023.
WATCH: Somizi s luxury Cape Town holiday - from skinny dipping to the yacht life
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Idols SA judge Somizi Mhlongo-Motaung gave us all some FOMO during his latest trip to Cape Town, where he skinny-dipped, well sort of, in a hotel pool and enjoyed the fantastic vistas from the Jacuzzi.
Somizi also spent time at Leeu Estates in Franschhoek, the flagship property in the Leeu Collection.
While it is unclear what the dance choreographer did at the wine estate, Leeu Estates is famed for its monumental sculpture in the breath-taking fynbos and vineyards and food offerings.
Somizi and his BFF Vusi Nova enjoyed the ocean views on a yacht where we are pretty sure there was Champagne on tap.
Somizi offers a wig upgrade to his actress daughter Bahumi
Media personality and actor Somizi Mhlongo-Motaung is one of the coolest dads.
Not too long ago, he cut his hair in favour of the bald look and heâs already getting rid of his wigs.
If youâve been following Somgaga for some time, Iâm sure youâve noticed that he s all about drama and a dramatic fashion sense. From crazy hairstyles to glittery outfits, he never fails to turn heads.
Taking to Instagram, he shared with his 3.9 million followers a video where he presented his daughter, Bahumi, with one of his wigs.