RTG debt free after paying off debenture

LISTED hospitality company Rainbow Tourism Group (RTG) is now debt-free, after paying off outstanding debts during the year to December 31, 2020, the company’s chairman, Arthur Manase, has said. Announcing the company’s financial results Manase said the repayment of the debenture reduced the group’s gearing to one percent. In 2012 RTG’s gearing was at 70…

Subscribe to read full article. Subscribe today

Related posts

ICT, consumer stocks drive markets growth

Natfoods cries foul over rampant smuggling

Tanganda revamps coffee production

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More