Dubai World Africa buys more of SA

Dubai World Africa has bought major shares in three South African wildlife reserves as part of its plans to spend nearly R12.5 billion buying property in Africa over the next five years. The company already spent R7 billion buying Cape Town's V&A Waterfront. The reserves are Shamwari Game Reserve, Sanbona Wildlife Reserve and Jock Safari Lodge. Sanbona is between Montagu and Barrydale in the Western Cape. It consists of 54 000 hectares and years ago comprised about 30 farms. Jock Safari Lodge is in the Kruger National Park and Shamwari is in the Eastern Cape. Adrian Gardiner, founder of Shamwari, will continue as both managing director and shareholder of the three resorts. Dubai World Africa has property in South Africa, Rwanda, Djibouti, Comoros, Zanzibar, Mozambique, Morocco, Senegal and Benin.