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  • ANALYSIS| Subdued Consumer Demand As Meikles PAT Falls 15% to ZWL$9.6 billion in HY23

ANALYSIS| Subdued Consumer Demand As Meikles PAT Falls 15% to ZWL$9.6 billion in HY23

By ETimes Financial Performance Highlights Commentary and Analysis  The performance suggests the challenging operating environment had an adverse effect on the group’s performance. Moderate improvement in gross profit margins was…

Elephant Hills Resort and Conference Centre refurb to commence soon: Afsun

By ETimes African Sun, one of the country’s leading hospitality companies, has announced that it will be shifting its focus to the second phase of refurbishing the iconic Hwange Safari…

African Sun, financiers discuss standby financing facilities

By ETimes HARARE – Hospitality and tourism group African Sun Limited is in talks with lenders for standby funding to spruce up the image of its hotels amid intense competition…

Vic Falls hotels occupancy levels averaged 51% over Aug public holidays

By ETimes The occupancy levels for Victoria Falls hotels averaged 51% over the Heroes’ and Defence Forces Day holidays amid fears that the bad state of the 435km Bulawayo-Victoria Falls…

Tourist arrivals up 50% in H1 as ZSE ends with marginal gains

By ETimes Profit-taking by investors on the Zimbabwe Stock Exchange (ZSE) impacted trading activities, as the mainstream index recorded marginal gains Friday, forcing market capitalisation to appreciate by 1,41 percent.…

Interview: Meikles Hotel committed to excellence – GM

By ETimes As Economic Times we caught up with Meikles Hotel General Manager, Tinashe Munjoma (TM) for a quick chat at the sidelines of the Twalumba Awards, and this is…

African Sun optimistic about local and regional expansion after VFEX listing

By ETimes Listed hospitality and tourism group African Sun Limited says the delisting of its shares from the Zimbabwe Stock Exchange (ZSE) to the US-denominated Victoria Falls Stock Exchange (VFEX)…

Hwange Safari Lodge undergoes US$4.2 million facelift

By ETimes A major refurbishment programme is under way at Hwange Safari Lodge, one of Zimbabwe’s most well-established resort hotels, situated just outside the world-famous Hwange National Park. African Sun…

Bulawayo tourism gets Ethiopian Airlines boost

By ETimes Bulawayo as a business and tourist town has received a boost as Ethiopian Airlines, Africa’s leading carrier, launched a new flight to the city via Victoria Falls. The airline…