Search results for 'Zimbabwe tourism'
Companies
African Sun Plans Further Asset Sales After Raising US$6.9 Million

African Sun, Zimbabwe's largest hotel group, is gearing up for a significant disposal of assets following the recent sale of two underperforming hotels for $6.9 million. This strategic move aims to op

Sep 19, 2024
Companies
Rainbow Tourism Group's Financial Performance Analysis

The Rainbow Tourism Group's financial performance indicates a strong recovery in the hospitality industry. Key profitability measures demonstrate the company's ability to generate revenue and manage c

Oct 02, 2024
Companies
African Sun Occupancy Rate Exceeds 50%, Revenue Edges 50 Million

African Sun, the largest hotel group in the region, reported occupancy rates exceeding 50% reaching 55%, a 7-percentage point increase from the same period last year. This achievement played a crucia

Nov 18, 2024
Companies
Immature Romance: African Sun Delists from VFEX After 3 Years Courtship

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

Feb 16, 2026
Zimbabwe
Mozambique, South Africa Drive Zimbabwe’s Q1 Growth: America’s Slump Weakens March Arrivals

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

May 05, 2026

Top Stories

Milk Production Climbs to 40m Litres, Imports Expose Dairy Processing Deficit

Zimbabwe's commercial milk production grew 7% to 40 million litres in the first four months of 2026, up from 38 million litres in the comparable period last year, as the country edges toward what gove

6 hours ago

NMB vs First Capital: What Q1 Results Reveal About Two Different Banking Strategies

NMB Holdings, has reported profit after tax of USD 8.34 million for the first quarter ended 31 March 2026, against USD 2.52 million in Q1 2025, a 231% increase according to the latest trading update.

8 hours ago

First Capital’s Deposit Base Surges as Customer Confidence Deepens

First Capital Bank has reported total income of USD 23 million for the first quarter ended 31 March 2026, a 20% increase on the prior year according to the latest trading update. Customer deposits gr

9 hours ago

What Do ZB’s Q1 Results Say Against Other Banks?

ZB Financial Holdings’ reported first quarter 2026 results have seen a divergent performance across its four core revenue streams, characterised by both growth and declines. Commissions and fees grew

9 hours ago

Gold Sector Rebounds in April: ASM Weakness, a Botched Policy Call Cast Shadow Over 50-Tonne Target

Zimbabwe’s gold sector delivered 3,324.6 kilograms in April 2026, a 16.5% recovery from the 2,854.0 kilograms recorded in March, driven by a sharp rebound in artisanal and small-scale mining output th

10 hours ago

What Is Happening in the Tobacco Marketing Season? Updates on Day 52

Zimbabwe’s 2026 flue-cured virginia tobacco marketing season has reached Day 52 with a volume performance that continues to outpace last year by a significant margin, while the price gap against 2025

11 hours ago

Zimplow Returns to Profit in Q1 2026, First Since 2023

Zimplow Holdings Limited,  Zimbabwe’s largest diversified engineering and agro-industrial groups, has returned to profitability in the first quarter ended 31 March 2026, recording a pre-tax profit of

1 day ago

Axia’s Pricing Power Drives Q3, Revenue Outruns Volumes Across All Units

Axia Corporation has recorded revenue growth across every metric in the third quarter for the period ended 31 March 2026 which exceeded volume growth. Without exception, in every market, in every prod

May 19, 2026