IFA Hotels and Resorts Limited operates in the Hotels and motels sector. IFA Hotels & Resorts Limited is an international developer of integrated and mixed-use hotel and tourism resort projects and leisure services. It is engaged in investing in land and developing apartments, hotels and timeshare resorts. It operates in eight segments: IFA SA (holding company), IFA Zimbali Lodge (Pty) Limited (IFA Zimbali), IFA Hotels & Resorts (SA) (Pty) Limited (IFA Hotels), IFA Boschendal Investments (Pty) Limited (IFA Boschendal), IFA Hotels and Resorts 8 (Pty) Limited (IFA Estates), IFA Hotels and Resorts (Namibia) (Pty) Limited (IFA Namibia), IFA Legends Investments (Pty) Limited (IFA Legends) and Zimbali Rentals (Pty) Limited (Zimbali Rentals). During the fiscal year ended June 30, 2010 (fiscal 2010), it launched two projects in Zimbali, which includes the Zimbali Lakes Resort and the Zimbali Office Estate. Its holding company is IFA Hotels & Resorts KSC, incorporated in Kuwait. During fiscal 2010, the Company acquired additional 5.51% interest in IFA Boschendal. In
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