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@bohlalekobe
Founder of @hython_za | Real Madrid | Here for the business
Katılım Nisan 2018
176 Takip Edilen96 Takipçiler
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The type of Tracklist that motivates you to sell your ticket 😪💔
SiR@inglewoodSiR
Here’s my official JoBurg set list!!! See yall Saturday!!!!!!!!!!! open.spotify.com/playlist/1Zvfw…
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Here’s my official JoBurg set list!!! See yall Saturday!!!!!!!!!!!
open.spotify.com/playlist/1Zvfw…
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R750 million Conference Centre and Hotel to be built in Waterfall City🏨🏗️
Quick facts about the new development:
• Grand opening: January 2028
• Total delegate capacity: 1350
• Breaking ground: July 2026
• Hotel rooms: 180 (including 9 apartments)
• Meeting rooms: 12 (size range: 30 - 101m2)
• Number of halls: 4 (size range: 380 - 394m2 and can be combined)
• Hotel amenities: restaurant, gym, spa, swimming pool, private dining spaces, and a 600m2 rooftop deck for cocktail functions
• Developed by: Attacq Limited and Rabie Property Group
The new hotel in Waterfall City is actually being built on top of the conference centre itself.
African Rain Collection, the newly formed operating company behind the project, has signed a 10-year lease. They are also the same team that has successfully operated the Century City Conference Centre and Hotel in Cape Town for the past decade.
Conference centres are among the most difficult projects to finance. They come with a lot of risk.
The conferencing industry is highly sensitive to global events. We saw this during COVID when massive venues around the world sat empty for months. Even something like an oil price crash can impact the sector because companies immediately start cutting travel budgets, and conference attendance drops.
On top of that, conference centres are expensive to operate. You are dealing with huge food and beverage operations, staffing, utilities, maintenance, rates, rent and constant operational costs.
Generally speaking, conference centres are not always built as profit-first assets. Many worldwide are government-owned or publicly backed because their real value lies in the economic activity they generate. Conferences bring foot traffic into an area, which then spills over into hotels, restaurants, retail and surrounding businesses.
That’s why Attacq makes so much sense for this project. They are fully invested in the long-term vision for Waterfall City as an integrated precinct, not just a once-off development.
The hotel addition also feels like a smart move. The two existing hotels in the area are reportedly already operating at around 80% occupancy, indicating strong demand for additional rooms.
Another clever part of the development is that the site connects directly to the Mall of Africa’s existing parking infrastructure. That means they avoid having to build an additional 800 parking bays themselves, which is a massive capital saving.
A lot of strategic thinking has gone into this project, and I'm glad to see that after many years of planning, it’s breaking ground soon.

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"You currently need R2000 for food from someone who needs R20 000 to fix his car and he is looking up to his friend who needs R200 000 for his business.
He is asking it from his Brother who needs R2M to complete his House. His Brother is in turn asking the bank credit manager for a financing of R2OM to execute a government tender contract for the same government that is requesting a loan of R200B from China.
Everyone has problems!
That R200 you are getting from someone is out of sacrifice and love.
Appreciate it!"
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New BLSA Board Members 🇿🇦
Adrian Gore - Chairman
Busisiwe Mavuso - CEO
Michael Katz - ENS
Adrian Enthoven - YellowWoods
Phuthi M. Dabengwa - Naspers
Daniel Mminele - Nedbank Group
Valdene Reddy - JSE
Vivienne McMenamin - Mondi
Kenny Fihla - Absa Group
Nolitha Fakude - Anglo American SA
Shameel Joosub - Vodacom
Bonga L.D. Mokoena - BDO SA

HT
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