RTG Delivers Robust FY25 Performance: Strategic Expansion Fuels Growth

The Rainbow Tourism Group (RTG) has announced a robust performance for the year ended 31 December 2025, with revenue increasing by 13% to USD 50.3 million, driven by a 28% surge in foreign currency earnings. The company’s strategic expansion efforts, including the acquisition of Montclair Hotel and Casino, MSK House in Cape Town, and Batoka Safaris, have contributed to the growth in revenue.

Despite the revenue growth, EBITDA decreased by 20% to USD 7.8 million, while profit after tax declined by 39% to USD 3.3 million, primarily due to USD 1.6 million in expansion-related costs and higher finance costs.

The company’s total assets grew by 28% to USD 82.7 million, reflecting the new investments made during the year. RTG has also made significant strides in operational efficiency and social responsibility, with the Kadoma solar plant reducing energy costs by 31% and a 2-megawatt solar project planned for the Rainbow Towers Hotel in 2026.

The Board has maintained its commitment to shareholder value, declaring a total dividend of USD 2.8 million for 2025, up 12% from 2024. The final dividend of USD 1.7 million was declared on March 20, 2026.

Looking ahead, RTG expects to leverage an expected recovery in the agricultural sector and continued growth in mining and services, with the full-year consolidation of the newly acquired Montclair and Heritage Expeditions Africa (HExA) expected to drive growth.

RTG expects to continue delivering sustainable growth and value for all stakeholders, driven by its strategic expansion efforts and commitment to operational efficiency and social responsibility.

Business

ZSE and Lloyd Corporate Capital Partner to Unlock Growth Capital for Zimbabwe’s SMEs Through ZEEX

The Zimbabwe Stock Exchange Limited and Lloyd Corporate Capital have signed a Memorandum of Understanding (MOU) aimed at channelling growth capital and blended finance into the country’s SME sector through the Zimbabwe Entrepreneurship Exchange, ZEEX. Announced in Harare in July 2026, the partnership brings together ZSE’s regulated capital market infrastructure and Lloyd Corporate Capital’s expertise […]

Read More
Business

Seed Co Records 22% Volume Jump in Q1 as Winter Cereal Demand Rebounds

Seed Co Limited has opened FY27 with stronger volumes and a narrower loss, supported by improved macroeconomic conditions and disciplined cost management. For the first quarter ended 30 June 2026, the group recorded a 22% increase in volumes sold to 4,145 MT, up from 3,393 MT in the same period last year. Revenue rose 19% […]

Read More
Business

Delta Corporation Posts Strong Q1 Growth as Capacity Expansion and Stable ZiG Drive Momentum

Delta Corporation Limited has opened the 2026 financial year with strong trading momentum, underpinned by a stable operating environment, firm consumer demand and double-digit volume growth across its core beverage categories. For the first quarter ended 30 June 2026, Group beverage volume rose by 14% to approximately 3.4 million hectolitres, with Zimbabwe operations excluding regional […]

Read More