Rainbow Tourism Group - The Zimbabwe Independent

Topic : Rainbow Tourism Group

RTG expands beyond borders, targets SA

RTG’s cross-border pivot marks a significant departure from its historically domestic focus and signals growing investor appetite for high-return tourism assets in southern Africa.

By Freeman Makopa Jun. 6, 2025

RTG invests US$1m to spruce up properties

RTG has invested US$26 million in hotel refurbishments over the past five years.

By Lee Musaidzi May. 21, 2025

RTG invests US$1m to spruce up properties

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 posts positive net working capital of US$3,4 million

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 targets Monomotapa Hotel in fresh expansion bid

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

RTG invests US$26m in post-COVID recovery

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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 eyes US$1m solar plant at flagship unit

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

RTG completes US$380K refurbishments of Vic Falls properties

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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