Search results for 'Hospitality sector'
Companies
RTG’s Ongoing Acquisition Negotiations Continue

Rainbow Tourism Group Limited, a prominent player in the hospitality sector listed on the Zimbabwe Stock Exchange has released its fourth cautionary statement regarding the ongoing negotiations for th

Sep 18, 2023
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
Markets
Supermarket Recovery, Hospitality Boom Lift Meikles Out of the Red

Meikles Limited showcased a notable recovery in its third quarter ended 30 November 2024, reversing the underperformance seen in the first half of FY2025. This turnaround was driven primarily by impr

Mar 03, 2025

Top Stories

Dairibord’s Profit Soars to US$3.7M as Milk Intake Jumps 49%

Dairibord Holdings Limited, a leading milk processor listed on the Zimbabwe Stock Exchange (ZSE)’s profit after tax has  more than doubled to US$3.7 million from US$1 million in the previous year. Th

19 hours ago

Zimbabwe’s Trade Deficit Plummets to All-Time Worst Since Mid-2024

Zimbabwe’s trade deficit reached a s US$217.7 million in February 2025, a 124.2% increase from the US$97.1 million deficit recorded in January, reflecting a deepening economic crisis driven by declini

20 hours ago

Zimbabwe’s Gold Export Earnings Sink for 3 Consecutive Months Despite Soaring Price Records

Zimbabwe’s gold export earnings have inexplicably plunged for three consecutive months slipping from a record high of US$361.1 million in November 2024 to US$291.8 million in December, US$291.4 milli

1 day ago

Halving Air Pollution Exposure by 2040: Critical Analysis of World Bank’s Vision

The World Bank’s recent report, Accelerating Access to Clean Air on a Liveable Planet, released on March 27, 2025, presents an ambitious yet attainable goal: halving the number of people exposed to d

2 days ago

Padenga’s Golden Leap: Runner-Up Gold Producer Cashes in +US$200 Million As Gold Output Jumps 17%

Padenga Holdings Limited, a gold mining titan listed on the US-Dollar denominated bourse Victoria Falls Stock Exchange (VFEX) has cemented its place as a giant in Zimbabwe’s gold mining sector, deliv

Mar 31, 2025

RBZ Holds Firm at 35% Rate Amid Weak Demand, Looming ZiG Inflation Spike

he central banking authority, Reserve Bank of Zimbabwe has held interest rate firm at 35% as it continues its gamble to fight inflation head-on. In its latest Monetary Policy Statement (MPS) followin

Mar 31, 2025

Tigere Property Fund to Acquire Greenfields Retail Centre in Q3 2025

Tigere Property Fund, Zimbabwe’s pioneering Real Estate Investment Trust (REIT), is set to acquire the Greenfields Retail Centre in the third quarter of 2025 (Q3 2025). This comes after the company,

Mar 28, 2025

Mash Holdings Maintains Profitability Despite 9% Drop in Profit After Tax

Mashonaland Holdings Limited, a leading property investment and development firm listed on the Zimbabwe Stock Exchange (ZSE), sustained profitability in FY2024, posting a profit after tax of US$3.7 mi

Mar 28, 2025