ZSE-listed hospitality service provider, Rainbow Tourism Group’s (RGT) revenue grew 309% to ZW$21.4 billion, up from ZW$5.2 billion in the comparative period prior year as hotel room occupancy more th

The money made from the sale of goods and services has been increasing steadily between FY2016 and FY2021, with revenue growing at a Compound Annual Growth Rate (CARG) of 4.79%. However, it should be

Diversified retail outfit, Meikles Limited Zimbabwe has expanded its property portfolio in the full year to 28 February 2023 after the completion of various projects. Meikles Limited, which is into re

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

Tanganda Tea Company Limited is aiming to list on the US dollar-denominated Victoria Falls Stock Exchange (VFEX) while raising US$7.7 million through a renounceable rights offer. This move is outlined

The iconic Monomotapa Hotel has officially been placed on the market, as announced by its parent company, African Sun. This development was disclosed through a circular posted on the Victoria Falls St

Meikles Limited's largest shareholder, John Moxon, has convened an Extraordinary General Meeting (EGM) to effect a strategic restructuring of the company's Board of Directors. The EGM is slated for De

Welcome dear readers, to the first episode of Mad Money Muse, where we laugh so we don’t cry, and muse over the chaos so we don’t lose our minds. This week, we’ve got potholes deeper than government p

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

The Victoria Falls Stock Exchange (VFEX) posted a remarkable Q1 2025, driven by local investors who powered a record-breaking turnover of $58.5 million and a historic daily high of $40.1 million on Fe

Rainbow Tourism Group Limited (RTG), the second-largest hotelier group in Zimbabwe, has invested 1 million in the first quarter of 2025 for hotel refurbishments according to its latest trading update.

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

Padenga Holdings Limited, Zimbabwe’s largest listed gold producer, has more than tripled its profit after tax (PAT) for the half year to 30 June 2025, closing at US$26.4 million compared to US$9.2 mil

Simbisa Brands Limited, the quick-service restaurant (QSR) giant listed on the Victoria Falls Stock Exchange, has embarked on a sweeping decentralisation of its operations, effective 1 July 2025, acco

Zimbabwe’s largest telecommunications company, Econet Wireless Zimbabwe, has issued a cautionary statement to shareholders announcing that its board is evaluating strategic corporate actions that cou

First Capital Bank Limited has received exchange control approval for the US$30 million disposal of Makasa Sun (Private) Limited (Formerly The Kingdom Hotel) and is now awaiting the remaining regulato

Simbisa Brands Limited, the quick-service restaurant (QSR) giant listed on the Victoria Falls Stock Exchange (VFEX), plans to open 31 new stores over the next six months according to the short form an