Search results for 'strategic investment'
Companies
Capitalizing on Recovery: ASUN Sells Underperforming Hotels for $6.9 Million to TD Hotels & Leisure
Zimbabwe’s largest hotel group, African Sun Limited (ASUN) is disposing two of its hotels: the Great Zimbabwe Hotel, located in Masvingo, and the Beitbridge Express Hotel, situated in Beitbridge accor
Sep 04, 2024
Companies
RTG Surpasses 50% Occupancy, for the First Time Following Major Refurbishments
Rainbow Tourism Group (RTG), the second-largest hotel group after African Sun, has achieved a remarkable occupancy rate of over 50% in the six months ended 30 June 2024. This marks a historic milest
Oct 02, 2024
Top Stories
ZCCM-Investments Holdings Swings from $1.5 Bn Profit to $110 Mn Loss: The Real Story Behind the Numbers
ZCCM Investment Holdings, Zambia's only listed diversified mining and energy investment company, reported a net loss of ZMW 2.79 billion, equivalent to USD 110.7 million, for the year ended 31 Decembe
1 day agoNew Cement Player Enters Zimbabwe : Shuntai Sets September 2026 Launch After $200M Project Build
Shuntai Investments, a Chinese-owned emerging cement producer, plans to begin operations at its integrated Chegutu plant in September 2026 after investing about US$120 million in cement production and
1 day ago
