Load shedding is impacting the costs of hotels and gaming group Sun International, with diesel expense incurred between R12 million and R14 million a month.
The group is exploring options around a comprehensive energy plan, it said on Monday when releasing its results for the year ending December 2022. Group income for the year was up 44% from the prior year to R11.3 billion.
Sustainable cost savings contributed to its South African business's adjusted earnings before interest, taxation, depreciation and amortisation (ebitda) growing by 96% to R3.3 billion.