Search results for 'tourism'
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
Companies
African Sun Limited's HY Results: Losses Widen, but Real Estate Shows Promise
Largest hotelier group, African Sun Limited's (ASUN), real estate market performed well during the first half of 2024 (1HY), with its contribution increasing from 2% to 6% and generating an additional
Oct 08, 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
1 day agoZimbabwe’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
1 day agoIPEC 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
1 day agoZimbabwe'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