Articles tagged 'rainbow tourism group'

Court orders EgyptAir to pay Rainbow Tourism Group $20 000 boarding debt 15 December 2018 HARARE - The High Court has ordered EgyptAir Holdings to settle a debt of over $20 000 owed to Rainbow Tourism Group Limited for its hotel and hospitality services rendered to the airline's guests. This comes as the airline failed to clear the US$20 434 balance after the five-star Rainbow Hote...
RTG extends hospitality to the needy 7 July 2018 HARARE - At the Rainbow Tourism Group's Kadoma Hotel and Conference Centre, guests may have their linens changed daily. At many hotels countrywide, if a towel or sheet is discoloured or frayed, it is tossed in a bin and taken out with the trash. Sheets and towels that have small signs of we...
RTG $22,5m rights issue approved 20 January 2018 HARARE - Listed hospitality concern Rainbow Tourism Group (RTG) was this week given the nod by its shareholders to raise $22,5 million to enable the company to clear some of its debt. The groups' shareholders voted to pass resolutions to approve a rights issue and a debenture issue. Shareho...
RTG in $2m hotels renovation 22 September 2016 HARARE - Zimbabwe Stock Exchange-listed Rainbow Tourism Group (RTG) said it is close to completing its $2 million refurbishment and refashioning of three major hotels. The hospitality group's corporate communications manager, Pride Khumbula, said the renovation exercise, which was started earl...
RTG supervisor in $7 000 tender fraud 21 January 2014 HARARE - A Rainbow Tourism Group (RTG) projects supervisor  inflated quotations from a service provider and defrauded his employer of more than $7 000. Makiel Pikire was facing fraud charges when he appeared before Harare Magistrate Ndaba Tsatsawana. Prosecutor Desire Chidanire alleged that...
NSSA to handover Beitbridge hotel 28 October 2013 HARARE - National Social Security Authority (Nssa) says it will soon be handing over the completed Beitbridge Hotel to Rainbow Tourism Group (RTG). Phillion Chereni, Nssa's public relations manager, said the project is currently at the stage of “substantial completion” which means that all maj...
RTG suspends retrenchment exercise 23 August 2013 HARARE - Rainbow Tourism Group (RTG) has suspended its retrenchment exercise after coming out of the woods, posting a $105 000 profit after tax in the half year to June 2013 from a $3,2 million loss incurred in prior comparable period. The listed hotelier last year lay off 20 percent of its 1 ...
Boardroom squabbles hit RTG 29 June 2013 HARARE - Listed hospitality firm Rainbow Tourism Group (RTG) has been allegedly hit by some serious corporate governance issues and concerns after an attempt by a board faction to push for the ouster of certain company executives. The controversial move, reportedly spearheaded by human resources ...