Search results for 'RTG'
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
Zimbabwe
Zimbabwe Welcomes Over 750,000 Tourists in H1 2024, Tourism Receipts Edge Half a Billion
Zimbabwe’s tourism sector has shown remarkable growth in the first half of 2024, with international tourist arrivals increasing by 27% to 751,483 from 592,567 compared to the same period in 2023 accor
Mar 13, 2025
Companies
African Sun’s Topline Slumps in Q1 as Occupancy Falls to 39%: A Comparison with RTG
African Sun Limited (ASUN) the largest hotelier group, faced significant challenges in the first quarter of 2025 with hotel occupancy rate plummeting by 17% to 39% from 47% in Q1 2024, accompanied by
May 21, 2025
Top Stories
President Mnangagwa Introduces $150 'Presidential Bonus Scheme' for Civil Servants, Further Benefits Planned
he Government of Zimbabwe has introduced a series of measures aimed at improving the welfare of its civil servants, a group that has long grappled with economic hardship. Among these is a presidential
Oct 17, 2025Zimbabwe’s Health Turning Point: Inside the Economics and Humanity of the 2026 National Health Insurance Rollout
In a country where a visit to the doctor can still mean a choice between healing and hunger, Zimbabwe’s plan to launch its National Health Insurance (NHI) in June 2026 represents more than a policy mi
Oct 17, 2025IPEC HY'25 Pension Sector Performance: Assets Grow to $3 Bn, Arrears Rise to $100 Mn Amid Declining Income
The pensions sector in Zimbabwe, as reported by the Insurance and Pensions Commission (IPEC) for the half-year ended 30 June 2025, showed strength with a significant 6% increase in total assets, reach
Oct 16, 2025Zimbabwe's Macroeconomic Stabilisation: Insights from the 2025 IMF Article IV Consultation
imbabwe's economy has navigated a turbulent path marked by hyperinflation, currency instability, and external shocks, but the 2025 IMF Article IV consultation highlights a tentative stabilisation amid
Oct 09, 2025