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Kariba turns into ghost town
The eastern shoreline of Kariba, once a crown jewel in Zimbabwe's tourism industry, is fast slipping into obscurity as tourism operators flee the area amid plummeting visitor numbers, collapsing infra...Published: 06 Jun 2025 at 12:04hrs | 11469 | by Staff reporter
African Sun asset stripping continues
Hospitality giant African Sun Limited (ASL) has announced plans to sell its iconic Caribbea Bay Resort in Kariba, marking the latest move in the company's continued disposal of non-core assets....Published: 29 May 2025 at 13:36hrs | 687 | by Staff reporter
African Sun tables aggressive refurbishment initiatives
Leading hospitality group African Sun Limited (ASL) has announced an ambitious refurbishment program aimed at boosting its competitive edge on the global tourism stage, despite economic headwinds and ...Published: 07 May 2025 at 09:51hrs | 185 | by Staff reporter
Monomotapa Hotel to be offloaded for US$15 million
African Sun Limited (ASL), Zimbabwe's leading hospitality group, has announced June 30, 2025, as the target date for concluding the sale of the iconic Monomotapa Hotel, which is estimated to be worth ...Published: 05 May 2025 at 15:48hrs | 382 | by Staff reporter
Police probe NSSA boss over RTG extortion plot
NSSA chairman, Emmanuel Fundira was on Wednesday questioned by the police in connection with an extortion case involving former Rainbow Tourism Group (RTG) senior employee Paula January.The de...Published: 18 Mar 2025 at 10:45hrs | 638 | by Nathan Guma
NSSA chair implicated in extortion case
National Social Security Authority (NSSA) chairman Emmanuel Fundira was questioned by police on Wednesday in connection with an extortion case involving former Rainbow Tourism Group (RTG) senior emplo...Published: 17 Mar 2025 at 09:37hrs | 465 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1546 | by NewsHawks
African Sun to Sell Monomotapa Hotel
The Zimbabwe Stock Exchange-listed hospitality group, African Sun Limited, has announced plans to sell its flagship property, the Monomotapa Hotel Crowne Plaza in Harare. The move comes as part of a s...Published: 01 Nov 2024 at 06:27hrs | 400 | by Sgtaff reporter
African Sun terminates hotel sale agreements with TD hotels
Hospitality group African Sun Limited (ASL) has announced the termination of its agreements for the sale of two hotels to TD Hotels & Leisure (Private) Limited. The decision comes as ASL had previ...Published: 14 Oct 2024 at 10:22hrs | 1360 | by Staff reporter
Shingi Munyeza threatens Mutemererwa's lawyer
The debt row pitying Marjorie Mutemererwa and Shingi Munyeza escalated this week with the ex SeedCo public relations manager's lawyer filing a police report against the businessman for allegedly swear...Published: 11 Aug 2023 at 18:54hrs | 16 | by Staff reporter
African Sun shuts down Victoria Falls Kingdom Hotel
African Sun Limited has announced it is shutting down its Kingdom Hotel in Victoria Falls January next year after failing to agree on lease terms with First Capital Bank, owners of the property....Published: 30 Nov 2022 at 05:16hrs | 3 | by Staff reporter
US$800m regime change kitty at risk in 2022 NGOs Bill
THE Private Voluntary Organisations Amendment Bill could cost Zimbabwe close to US$800 million in development funding this year – with devastating social and economic consequences – if the governm...Published: 20 Mar 2022 at 06:34hrs | 2 | by Staff reporter
US funded NGOs ban a threat to Zimbabwe?
THE banning of non-governmental organisations through the proposed Private Voluntary Organisations (PVOs) Amendment Bill will have dire economic and political consequences for Zimbabwe that could spir...Published: 09 Mar 2022 at 07:36hrs | | by Staff reporter
Shake-up at African Sun
AFRICAN Sun Limited (ASL) managing director Edwin Shangwa will leave Zimbabwe's largest hospitality chain at the end of this year following a surprise shake-up announced yesterday, which will also see...Published: 16 Nov 2021 at 05:42hrs | 5 | by Staff reporter
De-listing wave hits ZSE
FIVE counters have announced plans to de-list from the Zimbabwe Stock Exchange (ZSE), precipitating fears that a new forex-denominated bourse planned for Victoria Falls could ground one of Africa's ol...Published: 16 Oct 2020 at 07:19hrs | 1 | by Staff reporter
African Sun euphoric about conferencing, foreign visits
AFRICAN Sun Limited (ASL) has announced it will spend $2,1 million in the last quarter of 2018 on refurbishments to improve standards of its hotels and boost occupancy in the future.Africa Sun...Published: 10 Sep 2018 at 07:01hrs | | by Staff reporter
Zim politicians urged to shift focus from election results to rebuilding the nation
Politicians must accept last week's controversial election results, which saw Emmerson Mnangagwa elected leader of Zimbabwe after serving as interim president since November last year – and shift fo...Published: 09 Aug 2018 at 08:49hrs | | by Agencies
Politicians urged to shift focus from election results to rebuilding the nation
Politicians must accept last week's controversial election results, which saw Emmerson Mnangagwa elected leader of Zimbabwe after serving as interim president since November last year - and shift focu...Published: 08 Aug 2018 at 10:56hrs | 1 | by Agencies
Nkala retires
Herbert Nkala has retired as chairman of African Sun Limited after more than three years at the helm, with the hospitality group expected to announce his successor in the coming days.Speaking ...Published: 29 Jun 2018 at 07:26hrs | | by Staff reporter
Munyeza to present at the forthcoming ZOU public lecture
Renowned Zimbabwean businessman and public speaker, Doctor Shingi Albert Munyeza, will make a presentation at the Zimbabwe Open University public lecture at Century Towers in Harare at the beginning o...Published: 27 Apr 2018 at 07:20hrs | | by Stephen Jakes
Roadblock cuts good for tourism
Listed hospitality giant, African Sun Limited (ASL), has applauded government for directing the police to reduce the number of roadblocks on the country's highways saying it will open up the eastern b...Published: 06 Jul 2017 at 14:41hrs | | by Staff reporter
Dubai tycoon targets Zimbabwe
DUBAI billionaire, Ali Albwardy, is planning a hostile takeover of Zimbabwe Stock Exchange (ZSE)-listed conglomerate, Meikles Limited, through one of his investment vehicles involved in the ho...Published: 16 Apr 2017 at 18:55hrs | 3 | by Staff reporter
Zimra slaps hoteliers with $3,8m tax bill
THE Zimbabwe Revenue Authority (Zimra) has slapped hoteliers with a US$3,8 million tax bill from outstanding obligations that accrued from the 15 percent value added tax (VAT) on food sold to fore...Published: 09 Apr 2017 at 08:09hrs | 1 | by Staff reporter
RTG closes Beitbridge Hotel
THE Rainbow Tourism Group (RTG), one of the country's leading hospitality groups, on Tuesday closed its Rainbow Beitbridge Hotel, citing prolonged loss-making since its inception.The project, ...Published: 02 Jun 2016 at 06:31hrs | | by Bianca Mlilo
Turkish Airlines executives jet into Zimbabwe
GOVERNMENT says one of the global airlines it is courting to operate direct flights into Victoria Falls will send a delegation to Harare next month to appraise themselves of the route.The Vict...Published: 27 May 2016 at 09:26hrs | 15 | by Staff reporter
Padenga Holdings securities to be dematerialized on 1 July 2015
Pandenga Holdings Limited's securities will be dematerialized and will be cleared and settled on the Central Security Depository (CSD), in an electronic form with effect from Wednesday 1 July 201...Published: 16 Jun 2015 at 09:40hrs | | by Ndou Paul
Dr Shingi Munyeza clinches more restaurant franchises
Businessman Shingi Munyeza has clinched three more international restaurant franchises as he seeks to extend his dominance in the fastfood sector. The former African Sun Limited CE, who al...Published: 22 Apr 2015 at 07:08hrs | | by Staff reporter
Zimbabwe turns Victoria Falls into a conference destination
GOVERNMENT will retain the aluminium and glass structure that will serve as a conference centre for next month's United Nations World Tourism Organisation (UNWTO) General Assembly as it wants to repo...Published: 21 Jul 2013 at 09:46hrs | 3 | by Staff reporter
African Sun - Market Update - AGM
African Sun Limited is pleased to release the presentation by Dr S.A. Munyeza, Group CEO, to shareholders at the 40th Annual General Meeting. Below is an extract from the presentation:STRATEG...Published: 02 Apr 2012 at 07:24hrs | | by Mafu Sithabile
African Sun CEO axed as dispute over rentals escalates
AFRICAN SUN chief executive officer Dr Shingi Munyeza has been axed from the Dawn Properties Limited board after his scheme to ease out Dawn chairman Mr Tendayi Chimuriwo boomeranged, The Sunday Mail ...Published: 07 Aug 2011 at 05:31hrs | 2 | by Mafu Sithabile
Africa Sun not renewing operating agreements for Johannesburg properties
African Sun Limited has issued a statement notifying shareholders that it has elected not to renew its operating agreements for both of the properties that it operates in Johannesburg, as highlighted ...Published: 04 Aug 2011 at 07:01hrs | | by Imara
World Bank appoints Zimbabwe country manager as it steps up engagement
The World Bank has stepped up its engagement with Zimbabwe as it has appointed a country manager for Harare ending a two year absence in a country whose economy is still faced with high unemployment ...Published: 15 Jun 2011 at 14:30hrs | | by Moyo Roy
Shingi Munyeza's African Sun building a Holiday Inn Hotel in Botswana
Hotel chain African Sun Limited is building a Holiday Inn Hotel in Gaborone, Botswana, which is expected to open on August 1.Chief Executive, Shingai Munyeza, said the group's new projects inc...Published: 02 Apr 2011 at 13:35hrs | 1 | by Byo24News
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