International & Regional News 

Sun International weighs rights issue for rising debt

Sun International is mulling over a rights issue to deal with its debt ballooning to R15.1bn for the half-year to end-June. Of that, R11.4bn is housed on its South African balance sheet and its Time Square development in Gauteng is partly to blame, with the final price of the new casino and hotel complex set at R4.2bn. Asset sales are also on the cards, although Anthony Leeming, who took over as CEO in May, was reluctant to give more detail. While Sun International was still “highly cash generative” and not…

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International & Regional News 

Las Vegas shooting death toll rises to 59, no apparent connection to international terror

At least 59 people were killed and 527 injured in Las Vegas Sunday night when a gunman opened fire on a music festival crowd from the 32nd floor of the Mandalay Bay Resort and Casino, in what is now the deadliest shooting in modern U.S. history. The death toll from the incident could possibly go up, said Clark County Coroner John Fudenberg in a press conference Monday afternoon. Jason Aldean was the headliner of Sunday night’s concert; video showed him rushing off the stage amid the gunfire. Other performers from…

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International & Regional News 

Aid community launches $31 million appeal for ‘badly battered’ Dominica

ROSEAU, Dominica — In consultation with the government, the humanitarian community launched on Friday a Hurricane Maria Flash Appeal for Dominica, asking for $31.1 million to reach 65,000 people over the next three months to address challenges, such as a lack of fresh running water and electricity along with road damage and communication black-outs. Meanwhile, emergency supplies from the United Nations food relief agency are being delivered to Dominica as people face “huge challenges in their lives” in the wake of the devastation wrought by Hurricane Maria, which ripped through…

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International & Regional News 

St Kitts-Nevis new citizenship fund raises more questions

BASSETERRE, St Kitts — Former Cabinet minister Dwyer Astaphan has raised more questions about the recently announced “Hurricane Relief Fund” (HRF), which offers St Kitts and Nevis citizenship to successful applicants in exchange for a contribution of US$150,000, sharply reduced from the contributions hitherto required. The St Kitts and Nevis government has issued a number of contradictory press statements on the issue, first of all claiming that the required total contribution remained the same, namely, US$250,000 for a single applicant and US$300,000 for a family of four to be paid…

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