RTG posts positive net working capital of US$3,4 million
During the period under review, the group recorded total revenues of US$44,4 million, representing a 2% increase from the US$43,6 million posted in 2023.
By Tatira Zwinoira
Mar. 12, 2025
RTG targets Monomotapa Hotel in fresh expansion bid
ASL has been offloading non-core assets as part of its restructuring efforts.
By Tafadzwa Mhlanga
Mar. 7, 2025
RTG executives cleared of wrongdoing
Vultures are allegedly circling around RTG after Nssa, which holds a 91,6% stake in the leading tourism group, announced plans to dispose of 56% of its shares.
By Nqobani Ndlovu
Mar. 6, 2025
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RTG invests US$26m in post-COVID recovery
Statistics from the Zimbabwe Tourism Authority show that tourist arrivals plunged from over 2,2 million in 2019 to 376 000 in 2021 due to travel restrictions.
By Nqobani Ndlovu
Mar. 5, 2025
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RTG eyes US$1m solar plant at flagship unit
Madziwanyika said the flagship property had parking space and space on top of the Rainbow Towers Hotel and Harare International Conference Centre for the solar project.
By Tafadzwa Mhlanga
Mar. 3, 2025
RTG completes US$380K refurbishments of Vic Falls properties
The group conducted the refurbishment between January 6, 2025 and February 20, this month, of its A’Zambezi River Lodge and the Victoria Falls Rainbow Hotel properties in the resort town.
By Tafadzwa Mhlanga
Feb. 27, 2025
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RTG spends US$880 000 on properties upgrade
The group allocated US$500 000 for the New Ambassador Hotel refurbishments and US$380 000 for its Victoria Falls properties, NewsDay Business understands.
By Blessed Ndlovu
Feb. 6, 2025
RTG eyes clean energy with new ESG strategy
Khumbula also noted the impact on guest satisfaction.
By Ashton Ndakusiya
Jan. 12, 2025
RTG underscores media role in environmental issues
Khumbula made the remarks at the recent 2024 Environmental Reporter of the Year Awards, hosted and sponsored by RTG and local environmental focused group, Environment Africa.
By Ashton Ndakusiya
Dec. 10, 2024
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Mutsvangwa’s presidential ambitions under scrutiny in Mnangagwa succession race
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Mar. 30, 2025
