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

The figures surpass the previous peak recorded in 2018 and exceed 2019 arrivals by 2.6 percent, a benchmark that had long been viewed as the industry’s ceiling. Minister of Tourism Patricia de Lille c

In a bold move to supercharge South Africa's post-pandemic tourism rebound, President Cyril Ramaphosa unveiled a game-changing policy during his State of the Nation Address (SONA) today: a fully digit

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

The Government has cut city parking fees to US$0.50 cents per hour from US$1 per hour as part of a sweeping overhaul of business licensing and municipal charges now formalised under Statutory Instrume

The collapse of the proposed R7.3 billion acquisition of Peermont, a rival casino group, after regulatory delays, has also freed up capital. Bengtsson has signalled the group will reassess its capital

Government has approved a Public Private Partnership for the development of bulk infrastructure on Lot 1 of Jafuta Estate within the Masuwe Special Economic Zone in Victoria Falls, committing a combin

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

Meikles Limited, one of Zimbabwe's oldest listed conglomerates, is in discussions to sell its remaining interest in hospitality operations, according to the latest cautionary circular. The asset in q

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

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

Hyatt Hotels Corporation will reopen the former Kingdom Hotel in Victoria Falls as Grand Hyatt Victoria Falls The Kingdom in late 2027 after signing a management agreement with an affiliate of Dubai b

* 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

Old Mutual Zimbabwe is preparing a US$46.2 million Development Real Estate Investment Trust which mobilises institutional capital through the Victoria Falls Stock Exchange rather than conventional ban

South Africa’s fastest growing tourism customers increasingly come from the same African countries whose nationals have become the focus of recurring anti migrant protests, placing one of the country’

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