HARARE, ZIMBABWE — The Rainbow Tourism Group (RTG) is advancing its sustainability agenda with the planned installation of a 2 megawatt solar system at the Rainbow Towers Hotel and Conference Centre. This move follows the success of the Kadoma Hotel and Conference Centre’s solar plant, which over the past year generated 270,984 kilowatt-hours (kWh) of clean energy, a contribution that resulted in a 31% reduction in energy costs for RTG.
Douglas Hoto, the board chairperson of RTG, highlighted the grid — tied system’s potential to produce 2,942,838 kWh annually, enhancing national energy resilience. The project is a testament to RTG’s dedication to environmental responsibility and resource efficiency.
RTG has been proactive in its sustainability efforts, with the Kadoma solar plant and the Green Stays programme, which has reduced energy, water, and chemical consumption. The company has also introduced low-flow flushing systems and smart key card systems to optimize electricity use.
In addition to environmental initiatives, RTG has focused on human capital and community development, extending benefits to 53% of employees through the Employer Assisted Housing Scheme, aiming for 75% participation by 2027. The group has also contributed US$75,000 to community development efforts in Zimbabwe.
Financially, RTG has seen robust growth, with revenue rising 13% to US$50. 3 million and total assets increasing by 28% to US$82. 7 million.
The group’s occupancy rate improved to 57%, and Revenue per Available Room (RevPAR) increased 13%. Foreign currency revenue grew by 28%, driven by international tourist arrivals and regional conferences.
Tendai Madziwanyika, RTG’s Chief Executive, emphasized the strategic importance of renewable energy in reducing the company’s carbon footprint and enhancing operational efficiency. RTG remains a leader in Zimbabwe’s hospitality sector, committed to sustainable practices.
Source: Panafricanvisions
