RTG partners global brands for Cape Town expansion
RTG finance director Napoleon Mtukwa said the company was expecting a return on investment of around 18% over six years.
By Belinda Chiroodza
Sep. 12, 2025
RTG showcases Eastern Highlands to Sanganai buyers
Lado was part of a group of German buyers touring Nyanga’s attractions ahead of the Sanganai/Hlanganani World Travel Expo, which begins today and runs until Friday
By Tatira Zwinoira
Sep. 10, 2025
RTG in 18% PAT in FY24
HOSPITALITY firm Rainbow Tourism Group (RTG) saw an increase of 18% in profit after tax to US$5,4 million in the full year ended December 31, 2024 driven by increased guest demand
By Ruth Maseko and Belinda Chiroodza
Sep. 10, 2025
RTG valuation jumps US$10m in 5 days, as Montclair refurbs begin
Listed on the Zimbabwe Stock Exchange, RTG closed August with a valuation of US$75,32 million, a 25% rise from July 31.
By Tatira Zwinoira
Sep. 9, 2025
ZSE adds US$250m in August on ZiG, Dairibord, RTG
THE Zimbabwe Stock Exchange (ZSE) gained about US$250 million in real terms in August, buoyed by exchange rate appreciation and strong rallies in Dairibord Holdings
By Tatira Zwinoira
Sep. 4, 2025
RTG enters SA with US$5,6m Cape Town deal
Further to this, RTG posted a positive net working capital position of US$3,4 million during the period owing to a growth in foreign currency revenue.
By Tatira Zwinoira
Aug. 22, 2025
RTG completes US$5,2m refurbishment of Rainbow Towers Hotel
HOSPITALITY concern, Rainbow Tourism Group (RTG) has completed a US$5,2 million refurbishment of its flagship Rainbow Towers Hotel and the adjoining Harare International Conference Centre
By Ashton Ndakusiya
Aug. 7, 2025
RTG sinks US$500K into New Ambassador Hotel ‘comforts’
The refurbishment of the New Ambassador Hotel
By Belinda Chiroodza
Jul. 25, 2025
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
Magistrate dismisses AMH editors’ bid to stop prosecution without AG’s certificate
Local News
By Julia Ndlela
Sep. 12, 2025