The Victoria Falls Hotel Remains Under Original Ownership

The owners of The Victoria Falls Hotel have dismissed rumors claiming the property has been sold.

Emerged Railways Properties (ERP), the owners of The Victoria Falls Hotel property, along with Meikles Limited and African Sun Limited, the lessees and operators of the hotel, have refuted media speculations about the hotel’s ownership and their partnership.

Media reports suggesting that The Victoria Falls Hotel has been sold are false and misleading.

The hotel has not changed ownership, as reported in some media circles. The property remains under the ownership of Emerged Railways Properties (ERP), and the lease agreement between ERP and the partnership with Meikles Limited and African Sun Limited remains intact and is expected to continue for the foreseeable future.

ERP and the partnership have reaffirmed their commitment to maintaining The Victoria Falls Hotel’s iconic status, ensuring operational excellence, and preserving the historical significance of this heritage property, which plays a vital role in supporting the tourism sectors of both Zambia and Zimbabwe.

The company has urged the public to avoid relying on information from third parties.

Business

Zimplats Announces Leadership Transition as CEO Alex Mhembere Retires

Zimplats Holdings Limited has announced a change in executive leadership, with Chief Executive Officer Alex Mhembere retiring effective 1 November 2026. According to an ASX market announcement released on 30 October, Mhembere’s retirement arrangements were finalised on 30 October 2026. He will remain as Chairman of the Group’s operating subsidiary, Zimbabwe Platinum Mines (Private) Limited […]

Read More
Business

Zimplats Reports Mixed Performance in Q2

Zimplats Holdings Limited has released its quarterly report for the period ended 30 September 2026, revealing a mixed bag of results. The company’s mined volumes decreased by 5% from the prior quarter, while milled volumes dipped by 4%. However, the 6E head grade remained stable, both quarter-on-quarter and year-on-year. On the safety front, Zimplats recorded […]

Read More
Business

Invictus Energy Advances Musuma-1 Drilling Campaign

Invictus Energy Ltd, an independent oil and gas exploration company, has announced the successful completion of the rig move to the Musuma-1 exploration wellsite within its Cabora Bassa Project in Zimbabwe. Exalo relocated Rig 202 from the Mukuyu-2 wellsite and completed all wellpad construction, civil works, and access road upgrades. With the rig now on […]

Read More