HARARE, June 12 (The Source) – Tourist arrivals in Zimbabwe shot up six percent to 479,718 in the first quarter of 2017 compared to the same period last year buoyed by a five percent increase in visitors from mainland Africa, the Zimbabwe Tourism Authority has… Read More
HARARE, July 6 (The Source) – Hospitality and retail group Meikles Limited says that the United Arab Emirates investor, Albwardy Investments, has withdrawn its bid to acquire its business. Meikles, which is dually listed on the Zimbabwe Stock Exchange and the London bourse, received a… Read More
HARARE, June 26 (The Source) – Zimbabwe Parks and Wildlife Management Authority (Zimparks) is planning to upgrade facilities and install artificial lighting in the famed Victoria Falls Rainforest, which it is considering opening round the clock to attract more tourists.
VICTORIA FALLS, June 20 (The Source) – Zimbabwe has signed a comprehensive agreement with unnamed Chinese investors for the construction of its ‘Disneyland in Africa’, a tourism and conference theme park in the resort town of Victoria Falls, the tourism minister said on Wednesday.
VICTORIA FALLS, June 20 (The Source) – South Africa’s privately owned Airlink will launch its maiden direct flight between Johannesburg and Victoria Falls on July 2, aviation officials said on Tuesday. It will be the third airline flying into Victoria Falls following the $150 million… Read More
BULAWAYO, June 9 (The Source) – Zimbabwe’s tourism fair, Hlanganani/Sanganai Travel Expo has boosted tourist arrivals by 700,000 since its launch 10 years ago according to the Zimbabwe Tourism Authority (ZTA) chief executive officer, Karikoga Kaseke. By comparison, Malaysia which launched its ‘Malaysia Truly Asia’… Read More
HARARE, June 6 (The Source) – Zimbabwe received 2,1 million tourists in 2016, up from 2,06 million in the previous year and earned the country $890 million, latest statistics released by the Zimbabwe Tourism Authority show. However, over 40 percent of tourists interviewed in the… Read More
HARARE, June 2 (The Source) – Hospitality and retail group Meikles Limited’s topline grew one percent to $457,6 million in the full year to March, driven by an impressive performance of its retail unit as revenues from other segments plummeted. TM/Pick n Pay Supermarkets contributed… Read More
May 29 (Reuters) – Regional tourism company, Wilderness Safaris, plans to make a bid for Air Botswana, the country’s loss-making national airline which the government wants to privatise. Botswana put the airline up for sale in February, part of plans to privatise loss-making state-owned companies.… Read More
By Simbarashe Zishiri, HARARE, May 17 (The Source) – Hospitality and retail group Meikles Limited has reached an agreement with the government over a Reserve Bank of Zimbabwe debt which has been outstanding for two decades, chairman John Moxon said on Wednesday. The Meikles debt… Read More
HARARE, May 4 (The Source) – Rainbow Tourism Group (RTG) says it intends to expand its hosting capacity in Victoria Falls to cash in on the expected increase in tourist arrivals in the resort town. The $150 million expansion of the Victoria Falls airport, which… Read More
HARARE, May 3 (The Source) – The Rainbow Tourism Group (RTG) on Wednesday said its after-tax loss for the full year to December widened to $4,7 million from $29,304 recorded in the prior year, mainly on the back of lost revenues and retrenchment costs. Revenue… Read More
HARARE, April 20 (The Source) – One of Africa’s largest airlines, Kenya Airways, has brought forward the launch of its maiden flight into Victoria Falls to May 1, joining some of the biggest carriers on the continent landing in the resort town. Kenya Airways had… Read More
HARARE, March 31 (The Source) – Dawn Properties after tax profit reached $1,02 million for the year ended December compared to a 9 month comparative period loss of $3,84 million largely driven by cost reductions and the restructuring. The group changed its financial year end… Read More
HARARE, March 29 (The Source) – African Sun Limited on Wednesday reported a $4,81 million profit, bouncing back from a loss of $8,56 million in the prior year despite a 12 percent decline in revenue to $43,6 million in the full-year to December 2016. Hotel… Read More