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African Sun Limited
Bally House, Mount Pleasant
Business Park, Cnr. Norfolk Road/870 End
Phone: +263 242338232p:+263 242338232 HARARE, Zimbabwe Ticker: ASUNASUN
This company was Merged or Acquired on 1/14/2014.
This is a Subsidiary, click here for the Parent Company
Business Summary
African Sun Limited is a Zimbabwe-based hotel asset management company. The Company has three divisions: City and Country Hotels, Resort Hotels and The Victoria Falls Hotel Partnership. The City and Country Hotels division’s hotels are located in all the tourist resorts in Zimbabwe, as well as in four out of the five cities in the country. The Company also operates timeshare units and casinos throughout Zimbabwe. Five hotels fall under City and Country Hotels division. These being the three hotels under franchise that operate under the InterContinental Hotels Group (IHG) brand. The Holiday Inn branded hotels are in Harare, Bulawayo and Mutare. Monomotapa Harare, which is located in the capital city Harare. The fifth being Troutbeck Resort, which is nestled in the rolling Eastern Highlands mountains of Nyanga. Resort hotels division operated by the Company are located in all the country’s tourist destinations, namely Elephant Hills Resort which is located in the Victoria Falls.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202312/31/2022Yes----

Industries
SIC Code Description
7011 Hotels and motels
8049 Offices and clinics of health practitioners, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Non-Executive Chairman of the Board Emmanuel A.Fundira 10/20/2021 10/17/2012
Managing Director; Executive Director; Member of the Executive Committee; Divisional Head, Owner Ma Edwin T.Shangwa 9/17/2015 3/31/2015
Finance Director, Executive Director, Member of the Executive Committee Believemore H.Dirorimwe 9/17/2015 3/31/2015
10 additional Officers and Directors records available in full report.

Business Names
Business Name
African Sun Limited
ASUN
Zimbabwe Sun Limited

General Information
Number of Employees: 1,666 (As of 9/30/2012)
Outstanding Shares: 1,474,357,553 (As of 6/30/2023)
Shareholders: 9,013
Stock Exchange: VFX


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Tuesday, April 23, 2024