Press Releases

IFA HR Cancels Liviero Contract and Work to Resume at Fairmont Zimbali Hotel
(31 August 2009) - “Work will resume at the Fairmont Zimbali Hotel & Resort site and every attempt will be made to meet the scheduled deadlines”, says Wessel Witthuhn, President of IFA Hotels & Resorts Africa and Indian Ocean.

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Zimbali Awarded at 2009 KZN TOP BUSINESS AWARDS
(23 July 2009) - Zimbali Coastal Resort won in the sector category "TOURISM". Other Finalist nominees in this category included Ezemvelo KZN Wildlife and Sibaya Casino and Entertainment World.

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Nedbank Agrees to R150m Funding for IFA Hotels & Resorts’ New Fairmont Zimbali Hotel
(24 June 2009) - Despite the challenging economic climate and reticence being shown by most financial institutions to back new developments, Nedbank has agreed to a funding facility to the value of R150m for IFA HRs’ new Fairmont Zimbali Hotel.

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Zimbali bucks the trend with over R475 million in sales in the past 6 months
(15 June 2009) - Sales in Zimbali have exceeded a staggering R475 million in the last six months. This is a phenomenal achievement given the downturn in the real estate sector nationally and is a great testament to the strength of IFA Hotels & Resorts (IFA HR) and the quality of the Zimbali brand.

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Fairmont Zimbali Hotel Condominium Suites Released
(22 May 2009) - A RARE opportunity has arisen for national and international property investors to acquire a share in the magnificent Fairmont Zimbali Hotel & Resort under construction on the KwaZulu-Natal north coast.

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ONE LEGEND BUILDS ON ANOTHER - AT THE PRE-LAUNCH OF ZIMBALI LAKES RESORT
(01 February 2009) - The new Zimbali Lakes Resort is set to create a new benchmark in the property market of Southern Africa. Destined to provide in excess of 12 500 jobs and to further elevate the global reputation of Zimbali as a whole, the Lakes development is the biggest investment into the area since the launch of the Fairmont Zimbali Hotel precinct.

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ZIMBALI LAKES OFFICE ESTATE - THE PERFECT BLEND OF CORPORATE CONVENIENCE AND PREMIER LOCATION
(01 February 2009) - An exciting and much needed addition to the Zimbali Lakes Resort development will be the inclusion of a high end, AAA-Grade office estate. This is the first estate of its kind in the greater Zimbali development, the incorporation of which will add a new dimension to this premier integrated large scale mixed used development.

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Zimbali declared world’s best third time In a row at CNBC International Property Awards
(09 December 2008) - Zimbali Coastal Resort has been consistently feted as the most one of the most celebrated resorts on the international property market and has undeniably cemented its position amongst the finest in the world with having been awarded the highest possible accolade in the international property arena.

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Riding on the crest of a wave - Zimbali still the country's very best!
(19 November 2008) - It is rare for a property development to be consistently acknowledged as one of the world’s best, but the North Coast of Kwa-Zulu Natal has one such shining example - Zimbali Coastal Resort. For the 3rd consecutive year, Zimbali has been saluted at the CNBC Property Awards, Europe and Africa, for the exceptional 5-star residential and resort based lifestyle it provides. In addition, Zimbali was celebrated on a global level for having reached the very pinnacle of innovation in property marketing.

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IFA Hotels & Resorts Achieves 130% Increase on Q1 Profits
(06 November 2008) -

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