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Top News In Faraja Limited Today - Breaking & Trending Today

Why South African company disposed of its Nairobi hotels

South Africa’s City Lodge Hotel Group said it decided to sell three hotels in Nairobi and another property in Dar es Salaam after failing to gain traction in the markets. ....

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City Lodge reopens all 56 of its SA hotels

Occupancies at 46% to date in February compared with 16% in July 2021. ....

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How pandemic recovery fuelled deal craze in 2021

The year 2021 was characterised by new significant deals across the corporate sector after a lull induced by the Covid 19 pandemic. ....

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Secret offshore firm buys stake in Fairview Hotel

A secret company registered in the British Virgin Islands will make a joint bid with private equity Actis in the Sh1 billion deal to buy Nairobi’s Fairview Hotel, Town Lodge and City Lodge Two. ....

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City Lodge losses widen but CEO hopes worst of the pandemic is over

City Lodge losses widen but CEO hopes worst of the pandemic is over
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