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
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 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
Premium
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
Premium
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
