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

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

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

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

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

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

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

Zimbabwe's wildlife faces mounting pressure from the prospect of a strong El Niño, with Hwange National Park increasingly dependent on artificial water supplies to sustain thousands of animals throug

* Kenya’s tourism boom is lifting aviation, hospitality, finance, technology and construction together. * Zimbabwe already sits on the same regional tourism corridor through Victoria Falls. * The ne

Hospitality companies have traditionally expanded through a simple formula, acquire another property, build another hotel or borrow against the balance sheet to create additional room inventory. Howev

Rainbow Tourism Group will place every hotel in its portfolio on solar power by the end of FY2027 after the 300KVA installation at Kadoma Hotel and Conference Centre supplied about 30% of the property

African Sun is moving to dispose of its Holiday Inn operations in Harare, Bulawayo and Mutare to finance the acquisition of Meikles Hospitality's 50% interest in the Victoria Falls Hotel Partnership a

One of the more revealing findings in the latest Auditor General report is that Air Zimbabwe can produce a clean set of accounts and still remain economically fragile. The Auditor General issued an un

Zimbabwe has received US$1.62 billion in formal diaspora remittances between January and July 2026, placing household transfers alongside some of the country’s largest sources of foreign currency. Sou

Finance Minister Mthuli Ncube has disclosed 6,995 additional hotel rooms at different stages of development in Harare, alongside investment opportunities within the 1,200-hectare Masuwe Special Econom

Zimbabwe’s tourism expansion is opening a prospective new financing frontier for the capital market, with the Securities and Exchange Commission of Zimbabwe advancing structures that could package sta

Meikles Limited is progressing the disposal of its 50% Victoria Falls Hotel operating interest, 28 years after acquiring the stake in 1998. The Zimbabwe Stock Exchange-listed group holds interests in

Meikles Limited, the Zimbabwe Stock Exchange-listed retail and property group, is seeking shareholder approval to sell its 50% interest in the Victoria Falls Hotel Partnership to African Sun for US$15

Zimbabwe maintains comparatively accessible visitor-entry arrangements for British and German nationals, allowing travellers from both countries to obtain visas on arrival, while Zimbabwean passport h