AfricanFinancials Digital Team

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So far AfricanFinancials Digital Team has created 241 blog entries.

May 2019 | Notice to members – Scrip dividend offer

2019-05-08T09:13:39+02:00May 8th, 2019|

Members are reminded that included with the audited results for the year ended 31 December 2018 was a dividend announcement of a scrip dividend alternative to the cash dividend of 0.96 RTGS cents per share with members being offered additional shares as an alternative to a cash dividend. The terms of election for the scrip [...] | Release of 2018 annual report

2019-05-06T17:23:31+02:00May 6th, 2019|

INTRODUCTION The Group has continued in the pursuit of its short and medium term goals and the accompanying results are testimony to the considerable progress towards our stated strategy... Financial position The Group’s total assets increased by 25% from US$422 564 352 as at 31 December 2017 to US$527 067 596 as at 31 December [...]

April 2019 | Dividend declaration notice

2019-05-06T17:37:12+02:00April 26th, 2019|

Notice is hereby given that the board declared a scrip dividend alternative to the cash dividend of 0.96 RTGS cents per share for the year ended 31 December 2018 payable in respect of all the ordinary shares of the Company. The ratio of allotment for the scrip dividend shall be one (1) for every twenty [...] | Notice of Annual General Meeting

2019-05-06T17:32:18+02:00April 26th, 2019|

Notice is hereby given that the 24th Annual General Meeting of Members of NMBZ Holdings Limited will be held at the Registered Office of the Company at 4th Floor, Unity Court, Corner 1st Street/ Kwame Nkrumah Avenue, Harare on Thursday, 23 May 2019 at 1500 hours for the following purposes: ORDINARY BUSINESS 1. To receive [...]

FMHL | FY2018 Audited Abridged Financial Results and Analysts Presentation

2019-04-17T13:41:15+02:00April 17th, 2019|

CHAIRMAN'S STATEMENT ECONOMIC OVERVIEW The Zimbabwe economy is estimated to have grown by 4% in 2018, driven by strong growth in mining, agriculture and construction of 13%, 12% and 8% respectively. While international commodity prices have remained under pressure, performance by the mining sector has been sustained by increased throughput. The downside to the Gross [...]

FMP | FY2018 Audited Abridged Financial Results and Analysts Presentation

2019-04-17T11:11:59+02:00April 17th, 2019|

CHAIRMAN’S STATEMENT THE ECONOMY The period under review was characterised by persistent cash, foreign currency, fuel shortages, fiscal and current account deficits. Financing of the fiscal deficit through domestic borrowings negatively affected the country’s price stability. As a result, annual inflation closed the year at 42% up from 2.9% in January 2018. The operating environment [...]

ZANACO | Notice of dividend declaration

2019-04-15T16:47:34+02:00April 15th, 2019|

At the Annual General Meeting held on 29th March 2019, at the Intercontinental Hotel Lusaka, a Final Dividend of 0.025489 Kwacha per share for the financial year ended 31st December 2018 was approved by the shareholders of Zanaco Plc. This would bring the total dividend paid out to shareholders to ZMK36.8M for the financial year [...]

CECA | 2018 Abridged financial results

2019-05-15T20:41:46+02:00April 15th, 2019|

SUMMARY RESULTS FOR THE YEAR ENDED 31 December 2018 In compliance with the requirements of the Securities Act and the Listing Rules of the Lusaka Stock Exchange, CEC Africa Investments Limited announces its audited results for the Year ended 31 December 2018. Performance of the Group has been tempered by challenges faced in Nigeria where [...]

CEC, ABB present retrofitted digital substation to UNZA

2019-04-12T09:14:31+02:00April 11th, 2019|

The Copperbelt Energy Corporation Plc (CEC) and pioneering technology leader, ABB, have today handed over a retrofitted and digitised substation to the University of Zambia’s School of Engineering. The substation, which forms part of a mini power system comprising two substations, switchgear room, transmission line, battery and control rooms, has been equipped with modern protection [...]

ZCCM-IH | Notice to Shareholders based in France on Withholding Tax applicable

2019-04-11T17:16:32+02:00April 11th, 2019|

Dear Sirs/Mesdames APPLICATION FOR LIMITED DEDUCTION DIRECTION FOR DIVIDEND PAYABLE BY ZCCM INVESTMENTS HOLDINGS PLC TO FRENCH SHAREHOLDERS Following your application for withholding tax exemption with the Zambia Revenue Authority (ZRA), we wish to advise that ZRA is unable to grant the Limited Deduction Directions (LDDs) for all dividend payments by ZCCM Investment Holdings Plc [...]