ZSE-listed hospitality service provider, Rainbow Tourism Group’s (RGT) revenue grew 309% to ZW$21.4 billion, up from ZW$5.2 billion in the comparative period prior year as hotel room occupancy more th
Nov 24, 2022
Diversified retail outfit, Meikles Limited Zimbabwe has expanded its property portfolio in the full year to 28 February 2023 after the completion of various projects. Meikles Limited, which is into re
Jul 21, 2023
Rainbow Tourism Group Limited, a prominent player in the hospitality sector listed on the Zimbabwe Stock Exchange has released its fourth cautionary statement regarding the ongoing negotiations for th
Sep 18, 2023
The leisure segment played a significant role in driving revenue growth, with hotels in popular tourist destinations contributing to the higher ADR. As a result, the group's revenue per available room
Oct 05, 2023
Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG), has experienced appreciation on the formal market on April 18, 2024, maintaining a consistent streak of appreciation. Since its introduct
The construction industry is facing significant challenges, according to Masimba Holdings Limited, a leading construction company. In its latest financial results for the full year ended December 31,
Innbucks Microbank, a prominent microfinance institution, has unveiled its ambitious plans to expand its product offerings and drive growth in the second half of the 2024 financial year. With a strong
Padenga Holdings Limited, a determined gold miner listed on the Victoria Stock Exchange, is setting a new record target amidst intense competition among the top three gold producers in Zimbabwe. After
Hwange Colliery plans to halt underground mine production for 6 months to address coal oversupply and prevent spontaneous combustion Spontaneous combustion poses a significant risk to the company, as
General Beltings Holdings Limited announced that it sought and was granted by the Zimbabwe Stock Exchange (ZSE) the authority to delay the publication of its Audited Financial Results for the year end
Harare- Innbucks Microbank, a microfinance bank formed through the merger of Innbucks and Ndoro Microfinance, has experienced a decline in profitability, with its profit after tax decreasing from ZWL2
Hwange Colliery Company Limited, a coal miner operating under administration, has experienced an impressive nearly twofold increase in its quarterly coal output during the third quarter ended 30 Septe