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THE opening of a new hotel in Mthatha is expected to create employment, improve tourism in the area and attract national soccer games, as it is situated very close to the city`s stadium. The Mayfair Hotel, owned by business mogul Sisa Ngebulana, is also adjacent to BT Ngebs City regional mall.

King Sabata Dalindyebo (KSD) municipality spokesperson Sonwabo Mampoza expressed gratitude towards the hotel and the opportunities it would open for Mthatha. The municipality appreciates this initiative because it is going to create employment for the people of Mthatha. It will also be good to accommodate people visiting Mthatha as tourists,` Mapoza said. He said that the hotel was close to the stadium and it would accommodate soccer players who have their games there. Mampoza said investors would invest in other parts of Mthatha now and this would count towards its development. “We can look forward to problems of water, electricity and roads being resolved because this new establishment will be surrounded by good infra- structure,” he said.

Eastern Cape Premier Phumulo Masualle honoured the invitation to come witness the significant milestone. “Ngebulana is not just a role model and inspiration to black South Africans, but all South Africans, who should emulate him by taking bold entrepreneurial risks such as he has,” Masualle said. Ngebulana said that this new hotel is “affordable luxury”. “It has a three-star rating with a five- star experience, which can definitely be seen with features such as a porter for luggage and concierge for arrangements and intimate treatment”.

The Billion Group‘s portfolio in Eastern Cape consists of Mdantsane City Mall, Hemingways Mall in East London and BT Ngebs Mall in Mthatha. a fireplace for those chilly winter days. It is the perfect setting to socialise or simply unwind. Guests will also be able to enjoy sumptuous meals at the stylish in-house restaurant. Whether it is starting their day with a full buffet breakfast, indulging in light lunches or a delicious dinner, there is something for everyone. provinces@thenewage.co.za and a separate boardroom for ad hoc meetings is also available. With the convenient BT Ngebs City on their doorstep, guests can enjoy a host of retail shops, as well as dining and entertainment options. The central location means commuting to the airport with ease. Guests will be able to relax in a spacious and trendy bar lounge, including around R400m. Whether one is looking to host a business meeting, workshop or private event, the hotel offers the ideal venue. The state-of-the-art facilities are well equipped and can accommodate up to 120 delegates. Standard equipment includes a data projector, flip chart and notepads. A tea and coffee making station is provided.

Ngebulana is the CEO of Rebosis Property Fund Limited, the first black- managed and substantially black-held property fund to be listed on the JSE. He is also the founder, executive chairperson and sole owner of Billion Group Limited, a multibillion-rand property company. SA Entrepreneurs Magazine estimates Ngebulana`s net worth to be…

This article was originally published in The New Age on 07 June 2017, and was written by Sisanda Maswantsi

Sisa Ngebulana’s Billion Group has entered the hotel development market with the launch of its four-star Mayfair Hotel in Mthatha, Eastern Cape

The R130-million development features a 96-room hotel that includes a three-room penthouse suite, a two-room presidential suite, executive suites as well as several conferencing halls.

“Before Mayfair Hotel, the hotels here were the same ones doing business when I left Mthatha some 30 years ago,” Billion Group founder Sisa Ngebulana said.

“My aim with Mayfair Hotel was to create affordable luxury – a four-star grading with the look and feel of a five-star establishment.”

Ngebulana also spoke of groundbreaking developments the group plans to roll out in the near future, including a casino and entertainment complex which will enter the construction phase towards the end of the year.

Read more at http://www.destinyconnect.com/2017/06/04/inside-sisa-ngebulanas-new-luxury-hotel-mthatha/

Hundreds of jobs were created during the construction of Mthatha magnate Sisa Ngebulana’s smart new hotel, which opens this week.

Ngebulana’s Billion Group delivered work and wages to 700 mostly local workers during the construction of the Mayfield Hotel and now 200 people have permanent jobs at the city’s brand new accommodation and entertainment complex.

These jobs are in addition to more than 3000 jobs created by the construction of the adjacent Ngebs mall. The three-star hotel was launched by the rural-born billionaire on Wednesday night and today it opens its doors to the public.

The R130-million, 96-room Mayfair Hotel is part of a bigger property development project planned for Mthatha by the soft-spoken mogul. His first project, the 60000m² BT Ngebs Mall, named after his grandfather, was officially launched in 2015. The Billion Group spent R1.4-billion on the mall.

The development is located along the way of the soon-to-be constructed N2 bypass. It is between the Mthatha CBD, Kwezi, Mbuqe and the industrial area, Vulindlela Heights. It is also opposite Mthatha Stadium, which is being given a facelift by the government.

Close by will be another major development that will include high-rise apartments overlooking Mthatha and the soon-to-be constructed highway.

These are only part of the billionaire’s R16-billion investment plan for the next 10 years in Mthatha, Port Elizabeth and East London.

The three-storey hotel boasts a luxurious three-room penthouse suite at R10000 per night and a two-room presidential suite at R5000 per night, as well as two executive suites at R2300, 88 normal suites for R1495 per night and several conferencing halls.

Premier Phumulo Masualle, OR Tambo district mayor Nomakhosazana Meth, Tourism SA CEO Sisa Ntshona, Western Mpondoland King Ndamase Ndamase and AbaThembu Queen Nocollege Dalindyebo all agreed during the opening on Wednesday night that the hotel and other projects will give the local economy a major boost.

“A modern aesthetic provides a sense of luxury not expected of a standard business hotel. In this way, the Mayfair will punch above its weight and draw in a new diverse customer base,” Ngebulana said, adding that the Mayfair might be a four-star business hotel, but the attention to design and detailing would ensure that guests were “pleasantly” surprised.

He said Mthatha had huge buying power and economic potential. “In June we will be turning the sod for the entertainment facilities including two restaurants, a cinema and a casino. I want to wrap up the projects within a year. That is another exciting leg of many.”

The good news about the number of job opportunities in the Mthatha area comes amid gloomy unemployment figures released by Stats SA yesterday which showed that the province lost 5000 jobs in the first three months of the year.

Unemployment rose from 28.2% in the first three months of last year to 32.2% this year, Stats SA found.

Ngebulana said: “I have a passion for the Eastern Cape and Mthatha. I was born here and my parents are from here. I would not be what I am if I was not born here.”

Ngebulana has developed a number of shopping malls in South Africa, including Hemingways and Mdantsane City in BCM, Forest Hill City in Centurion and Baywest City in Port Elizabeth. He said developments around those were afoot.

Masualle said the fact that the investments were made by a local person was worth celebrating.

He called for stronger relationships between the public and the private sector. “This is a challenge to others to follow suit, and to the government to make infrastructure conducive for investors.”

Ntshona said Ngebulana was an inspiration to South Africa.

This article was originally published at Dispatch Live and was written by Lulamile Feni. It is available at http://www.dispatchlive.co.za/news/2017/06/02/smart-mayfair-hotel-creates-employment/

The founder of the Billion Group and mastermind behind Hemingway’s MallMdantsane CityBT Ngebs and Baywest Mall.

A newly constructed R130 million three star hotel owned by a rural-born billionaire is now open to guests in Mthatha – offering wealthy travellers the option of staying in a three-room penthouse suite at R10‚000 per night.

The three-storey hotel also offers a two-room presidential suite at R5‚000 per night‚ as well as two executive suites at R2‚300‚ and 88 normal suites for R1‚495 per night‚ in addition to several conferencing halls.

The Mayfair Hotel is owned by Mthatha-born business mogul Sisa Ngebulana.

The billionaire is planning a R16 billion investment in the Eastern Cape in the next 10 years‚ encompassing Mthatha‚ Port Elizabeth and East London.

The hotel launch this week was attended by Premier Phumulo Masualle‚ OR Tambo district mayor Nomakhosazana Meth‚ Tourism SA CEO Sisa Ntshona‚ Western Mpondoland King Ndamase Ndamase and AbaThembu Queen Nocollege Dalindyebo.

Ntshona said that Ngebulana was an inspiration to South Africa‚ especially black business people‚ and added that the developments were boosting tourism in the region.

Ngebulana said: “I have passion for the Eastern Cape and of course Mthatha. I was born here and my parents are from here. I would not be what I am if I was not born here.”

Ngebulana has developed shopping centres including Hemingways Mall and Mdantsane City in Buffalo City‚ Forest Hill City in Centurion and Abacus Bay West City in Port Elizabeth.

This article was originally published at Times Live and was written by Lulamile Feni. It is available at https://www.timeslive.co.za/news/south-africa/2017-06-02-property-mogul-opens-new-three-star-hotel-in-mthatha/

Sisa Ngebulana, the founder of the Billion Group and mastermind behind Hemingway’s MallMdantsane CityBT Ngebs City and Baywest Mall, has built a R130m three-star hotel, now open to guests in Mthatha.

The Mayfair Hotel offers wealthy travellers the option of staying in a three-room penthouse suite at R10‚000 a night. The three-storey hotel also offers a two-room presidential suite at R5‚000 a night; two executive suites at R2‚300; and 88 standard suites at R1‚495 a night‚ in addition to several conferencing halls.

Ngebulana is planning a R16bn investment in the Eastern Cape in the next 10 years‚ encompassing Mthatha‚ Port Elizabeth and East London.

The full article was originally published on Business Day and  is available at https://www.businesslive.co.za/bd/companies/transport-and-tourism/2017-06-02-founder-of-billion-group-builds-r130m-hotel-in-mthatha/