Search results for 'Zimbabwe Tourism'
Companies
African Sun Plans Further Asset Sales After Raising US$6.9 Million

African Sun, Zimbabwe's largest hotel group, is gearing up for a significant disposal of assets following the recent sale of two underperforming hotels for $6.9 million. This strategic move aims to op

Sep 19, 2024
Companies
Rainbow Tourism Group's Financial Performance Analysis

The Rainbow Tourism Group's financial performance indicates a strong recovery in the hospitality industry. Key profitability measures demonstrate the company's ability to generate revenue and manage c

Oct 02, 2024
Companies
African Sun Occupancy Rate Exceeds 50%, Revenue Edges 50 Million

African Sun, the largest hotel group in the region, reported occupancy rates exceeding 50% reaching 55%, a 7-percentage point increase from the same period last year. This achievement played a crucia

Nov 18, 2024
Companies
Immature Romance: African Sun Delists from VFEX After 3 Years Courtship

Zimbabwe’s largest hotel group by market capitalisation and asset base, African Sun Limited, is preparing to leave the Victoria Falls Stock Exchange. In a cautionary statement issued on 12 February 20

Feb 16, 2026
Zimbabwe
Mozambique, South Africa Drive Zimbabwe’s Q1 Growth: America’s Slump Weakens March Arrivals

Zimbabwe's tourism sector has recorded 384,561 international arrivals in the first quarter of 2026, an 11% increase year-on-year, generating USD 251 million in tourism receipts, a 14% improvement from

May 05, 2026
Opinion
What Does ASB’s US$30m Kingdom Hotel Deal Say About Victoria Falls Tourism?

When the Competition and Tariff Commission approved the acquisition of Makasa Sun by ASB Hospitality LLC without conditions in February 2026, the regulatory decision ran to a paragraph. The transactio

May 22, 2026
Companies
RTG Lifts Q1 2026 Revenue to US$11.4m as Occupancy and Room Yields Rise

Rainbow Tourism Group Limited (RTG), Zimbabwe’s second-largest hotelier, has recorded a 32% increase in revenue to US$11.41 million for the first quarter ended 31 March 2026, from US$8.65 million in t

Jun 24, 2026
Zimbabwe
How Gastronomy Tourism Can Change Zimbabwe’s Tourism Calculus

Zimbabwe's tourism sector recorded international tourist arrivals of 384,515 in the first quarter of 2026, an 11% increase from 347,555 in the same period of 2025, with total tourism revenue rising 14

Jul 09, 2026

Top Stories

ZB Bank Launches Smile Mall, Brings Digital Commerce to Zimbabwe’s MSME’s

ZB Financial Holdings, a prominent financial services provider in Zimbabwe, has launched Smile Mall, a digital marketplace connecting micro, small and medium enterprises, cooperatives, farmers and art

1 hour ago

Global Fund Now Dominates Zimbabwe Health Financing as USAID Pulls Out

What emerges from this data is a financing system held together by improvisation rather than design. Each source compensates for the others in an ad hoc way, and the compensation itself is unpredictab

4 hours ago

Kansanshi’s Copper Output Hits Record High, as CAFCA Builds Regional Manufacturing Reach

Kansanshi Mining has produced 170,929 tonnes of copper in 2025, its highest annual output since 2021 and above First Quantum's revised guidance range of 165,000 to 175,000 tonnes, and within First Qua

5 hours ago

National Breweries Posts First Profit in Years: Real Story Behind the Turnaround

National Breweries, Zambian beverages behemoth listed on the Lusaka Securities Exchange has reported a profit before tax of ZMW 277.3 million, equivalent to USD 14.3 million at the confirmed closing r

7 hours ago

Corporate Zimbabwe Is Falling Behind the AI Productivity Curve

Zimbabwean companies are entering the second half of 2026 with limited artificial intelligence deployment across work, agriculture, healthcare, finance, security and transport, according to the latest

9 hours ago

Karo Platinum Crosses Critical Execution Milestone as Tharisa Deepens Zimbabwe Investment

Tharisa increased capital deployment into Karo during the quarter despite weaker platinum group metal prices, signalling confidence in the project’s long term economics.

20 hours ago

SECZim Expands Into Digital Markets as Securities Levy Income Declines

The Securities and Exchange Commission of Zimbabwe is repositioning itself for a future where capital market growth is driven by digital assets, carbon finance and financial technology as declining se

1 day ago

Airtel Zambia Delivers 44% Operating Margin, Returns 90% of Earnings as Dividend

Airtel Networks Zambia has reported revenue of ZMW 2,344 million, approximately USD 120.8 million at the confirmed closing rate of ZWM 19.4 per US dollar as at 31 March 2026, for the first quarter end

1 day ago