RTG debt free after paying off debenture

AdvertisementsLISTED 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…

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