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Beitbridge hotel weighs RTG down

HARARE – Listed hotelier Rainbow Tourism Group (RTG) recorded a slump in earnings before interest tax and depreciation and amortisation (Ebitda) for the half year to June, due to slow operations at its newly-opened Rainbow Beitbridge Hotel. Tendai Madziwanyika, RTG group chief executive told analysts briefing that the Ebitda loss was a direct result of…

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