RAINBOW Tourism Group (RTG) bolstered its balance sheet during the year ended December 31, 2024 after its right-of-use assets increased more than 400 percent to US$968 765 from US$185 984 in 2023.Coupled with recently acquired equipment and developments on properties, the group’s total assets gained 19,6 percent to settle at US$64,515 million from US$53,954 million…
RTG boosts portfolio through strategic leasing
A key driver behind RTG’s growth in right-of-use assets is the Kadoma Hotel & Conference Centre lease, which has a remaining term of 13 years and includes an option for extension.