THE Rainbow Tourism Group (RTG), one of the country’s leading hospitality groups, on Tuesday closed its Rainbow Beitbridge Hotel, citing prolonged loss-making since its inception.

The project, which was handed over to RTG after being constructed and funded by NSSA as part government’s national economic development programme, had been functional since January 15, 2014. Since then, the hotel has incurred losses amounting to more than $2 million.

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