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South Africa opens its biggest hospitality investment in nearly 50 years worth over $122.69 million

Summary by Business Insider
South Africa has opened its first Club Med resort, a more than R2 billion ($122.69 million) development that President Cyril Ramaphosa described as the country’s biggest hospitality investment in nearly five decades.

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Business Insider broke the news in New York, United States on Friday, September 18, 2026.
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