AfricanFinancials Digital Team

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So far AfricanFinancials Digital Team has created 263 blog entries.

July 2019

ZCCM-IH | Notice of Incorporation of Kabundi Mining Resources Limited

2019-07-04T10:50:00+02:00July 4th, 2019|

At its Special Board Meeting held on 29 March 2019, the ZCCM Investments Holdings Plc (‘ZCCM-IH’) Board approved the incorporation of a mining operating Company. In line with one of its strategic objectives in mining value creation, ZCCM Investments Holdings Plc (‘ZCCM-IH’) wishes to announce the incorporation of Kabundi Resources Limited (‘KRL’) a wholly owned [...]

Steward Bank Audited Abridged Financial Statements – year ended 28 Feb 2019

2019-07-09T16:29:03+02:00July 3rd, 2019|

CHAIRMAN’S REPORT I am pleased to report another set of remarkable financial results for the financial year ended 28 February 2019. Digital Banking Platforms – RIP Traditional Banking Globally digital platforms have aggregated users to provide accessible and affordable services. Leveraging on the Econet Group’s digital ecosystem, Steward Bank has done the same, innovating multiple [...]

Wilderness Holdings (Botswana) delisting announcement

2019-07-12T16:38:26+02:00July 3rd, 2019|

1. INTRODUCTION 1.1 Shareholders of Wilderness (“Shareholders”) are referred to the circular (“Offer Circular”) to Shareholders in respect of (i) the offer (“Offer”) by AWH to acquire all of the issued ordinary shares in Wilderness (“Shares”) other than those Shares held by AWH, Mr Keith Vincent (AWH’s concert party) and The Rise Fund, invested through [...]

June 2019

Cresta | Release of 2018 Annual report

2019-07-03T12:10:13+02:00June 26th, 2019|

On behalf of the Board of Directors of Cresta Marakanelo Limited, I am pleased to present to you the Annual Report and Financial Statements for the Group, for the year ended 31 December 2018. FINANCIAL PERFORMANCE The Group had a strong performance during the second half of the year, which resulted in the Group exceeding [...]

Innovating the Future – CEC to host ‘Innovation Hub’ at Copperbelt Expo

2019-06-17T12:55:40+02:00June 17th, 2019|

Copperbelt Energy Corporation Plc (CEC) Managing Director, Mr. Owen Silavwe has invited schools, universities and other individuals with innovative solutions and ideas to come forward and showcase them at the Company’s planned innovation hub to be hosted at the upcoming Copperbelt Investment Expo (CIEX) scheduled for 24 to 29 June. Silavwe made the call in [...]

ZAMBEEF | HY2019 Results Presentation

2019-06-17T11:35:17+02:00June 17th, 2019|

Highlights Our Retail and Cold Chain Food Production division has continued to deliver strong revenue growth. Good revenue growth in our stockfeed division but margins down. Strong demand for day old chicks but at reduced margins. Masterpork has continued to be profitable. Our Milling division delivered strong revenue growth of 71 per cent in kwacha. [...]

Powerspeed Electrical interim financial report – 2019

2019-06-14T11:58:05+02:00June 14th, 2019|

INTRODUCTION Despite the disruptions which occurred in October 2018 and January 2019, the Group had a reasonable half year, benefitting from an increased footprint, increased product range and, therefore, an increased market share in a difficult market. We are relentless in our efforts to continuously improve our customer experience in all of our stores. The [...]