South Africa

The South African Revenue Service (Sars) has extended the licences until 31 October 2026, allowing operations to continue under these permits and supporting the stability of the country’s aviation fuel supply amid persistent refinery capacity constraints.

The fundraising round was spearheaded by First Circle Capital, a leading early-stage fintech investor focused on Africa, with additional support from TLCom Capital, Enza Capital, Incisive Ventures, Evergreen, and other notable backers.

The software streamlines hotel operations with integrated modules for channel management, booking engines, event management, revenue reporting, and guest CRM.

The growth was fueled by a 10.0% rise in stay unit nights sold and a 1.9% uptick in average income per stay unit night, indicating stronger demand and greater pricing power.

The services will feature maintenance solutions to enhance aircraft performance, fleet analysis to boost operational efficiency, and advanced training programs for local engineers, pilots, and technical staff.

This residential tower is a key component of the ambitious US$242.1 million (ZAR4.3 billion) Oceans Umhlanga development, which also features the internationally renowned Oceans Mall and the upscale five-star Radisson Blu Durban Umhlanga Hotel.

Through facility upgrades and expansion into Gqeberha, the group seeks to strengthen its market footprint and deliver consistent hospitality experiences throughout South Africa.

The deadlock follows over three months of unsuccessful negotiations, with tensions rising over rigid rostering systems, ineffective rest periods, and a declining work-life balance.

As demand rises for hotels and restaurants with robust green credentials, the Sustainable Hospitality Expo is designed to unite industry operators with the practical tools and ideas required to adapt to shifting traveler expectations.

These initiatives are set to streamline visa processes for both international film crews and participants in large-scale conferences, exhibitions, and sporting tournaments.