Hospitality concern, Rainbow Tourism Group (RTG) is eyeing a strategic acquisition to expand its business and enhance shareholder value. In a cautionary statement, the Group said the acquisition inv
Jul 07, 2023
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
Rainbow Tourism Group Limited (RTG), the second-largest hotelier group in Zimbabwe, has entered into a definitive agreement to acquire Nyanga's Montclair Hotel and Casino for US$5 million. The acquis
Nov 25, 2024
Rainbow Tourism Group Limited (RTG) has declared total dividend of US$2.5 million for the year ended 31 December 2024, an increase from the US$1.5 million declared in 2023, following a stellar perfor
Mar 13, 2025
The Zimbabwe Investment and Development Agency (ZIDA) has officially launched the E-Regulations Portal , a digital platform that seeks to provide clear, structured, and publicly accessible information
CBZ Bank, Zimbabwe’s largest financial institution by deposits and assets, has appointed Valeta Mthimkhulu as its new Managing Director, marking a significant milestone in the bank’s leadership journe
The U.S. Embassy in Harare has temporarily suspended all routine immigrant and non-immigrant visa services, sparing most diplomatic and official visas. This decision, driven by Zimbabwe’s 10.57% B-1/
Zimbabwe’s manufacturing sector has emerged as a cornerstone of the economy, now contributing 15.3% to GDP, surpassing mining (14.5%), wholesale and retail trade (11.9%), financial services (10.8%), a
The Zimbabwe Gold (ZiG) has reached an exchange rate of 26.7724 today, continuing a period of relative calm that began in early June 2025. This stability in both the official and parallel markets is
Kavango Resources plc, a London-listed mineral exploration company, is entering the final stages of its planned secondary listing on the Victoria Falls Stock Exchange (VFEX), with official trading sch
The demand for gold grew significantly in the second quarter, reaching a record value of $132 billion, a 45% increase from the previous year according to the World Gold Council. The total amount of g
Largest seed company,Seed Co Limited has recorded a 59% drop in sales volumes for the first quarter ended 30 June 2025, according to the company’s latest trading update. The drop was driven by the ab
