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Thebe Tourism now sole owner of Cape Point Concession

Murray & Roberts has sold its 49.9% share in the Cape Point Concession to Thebe Tourism Group (TTG). TTG previously held a 50.1% stake and is now the sole owner of the Cape Point Concession.
Jerry Mabena
Jerry Mabena

Murray & Roberts, through its Tolcon division, and TTG formed the Cape Point Partnership in 2003, with the mandate of managing the facilities at Cape Point and promoting it. Located in the Cape of Good Hope section of Table Mountain National Park, Cape Point is recognised as one of South Africa's key tourism attractions.

Continued excellence

"Our visitors can be assured of our continued excellence on site. It's business as usual at Cape Point, however, we are very excited about the move as it is aligned with our growth strategy on tourism asset management. We look forward to our future journey with SANParks and continuing our partnership with them. Thebe Tourism Group is eager to improve activities at the site in order to enhance the visitor experience," says Thebe Tourism Group CEO Jerry Mabena.

Thebe Tourism Group is part of the Thebe Group of companies, a corporation that was founded in 1992 through a community trust. Formed in 2001, Thebe Tourism Group is the oldest black-empowered South African tourism group and has a significant portfolio in tourism and related industries ranging from attractions, inbound and outbound tourism, car rental, business tourism and foreign exchange. TTG continues to grow and play a significant role in developing and transforming of the tourism sector.

Cape Point
Cape Point

Cape Point facilities include the Flying Dutchman Funicular, the Two Oceans Restaurant, two curio shops and a food shop at the bottom station, and a curio store at the top station.

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