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Zimbabwe: Withdrawal of Donor Funding Costs RTG U.S.$3m As Delayed Government Payments Hit Revenues
2 Articles
2 Articles
Zimbabwe: Withdrawal of Donor Funding Costs RTG U.S.$3m As Delayed Government Payments Hit Revenues
RAINBOW Tourism Group (RTG), one of Zimbabwe's leading hospitality groups, has cited the loss of an estimated US$3 million in donor-funded business and delayed government payments among key factors that put pressure on revenues during the 2025 financial year.
Rainbow Group exposes scale of USAID fallout as US$3 million business disappears
Rainbow Tourism Group estimates that the withdrawal of USAID funding wiped out US$3 million in potential revenue during 2025, forcing the hotel group to turn increasingly towards corporate, commercial and regional business.
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- 100% of the sources are Center
100% Center
C 100%
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