Zimbabwe's tourism investments predicted to triple to $534m this year, driven by domestic travel and stabilized by Zimbabwe Gold (ZiG).
Hospitality group Rainbow Tourism Group (RTG) predicts Zimbabwe's tourism investment to triple to $534m this year, driven by increased domestic travel. Last year, investments fell 45% to $172.2m due to inflation-induced costs and currency depreciation. The introduction of Zimbabwe Gold (ZiG) is expected to stabilize the market and boost domestic tourism receipts.
June 20, 2024
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