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So far AfricanFinancials Digital Team has created 5229 blog entries.

Econet Wireless Zimbabwe – Annual Report 2023 released

August 20th, 2023|

CHAIRMAN’S STATEMENT Introduction Our business supports the growing demand for digital services in line with our strategic intent to become a fully-fledged Digital Services Provider. Digital services and next-generation connectivity have become central to people’s livelihoods. As a result, globally, the telecommunications sector is increasingly leveraging on emerging technologies for hyper-connectivity, cybersecurity, cloud computing and [...]

EcoCash Holdings – Annual Report 2023

August 18th, 2023|

INTRODUCTION The Group continued to focus on innovation and deployment of digital solutions to drive its strategy of meeting the ever-changing customer needs. The operating environment remains challenging but, we continue to leverage on our wide product base and digital solutions for the convenience of our customers. OPERATIONS REVIEW Mobile Money ServicesWe introduced the EcoCash [...]

Willdale Limited | Trading Update for Quarter ended 30 June 2023

August 11th, 2023|

Trading Environment The instability in the exchange and inflation rates presented a challenging operating environment characterized by low aggregate demand and high operating costs. Electricity supply improved in the quarter boosting efficiencies and production levels. Volume performance Despite the challenging environment, sales volumes for the quarter increased by 26% over the comparative period as the [...]

Econet Wireless Zimbabwe Trading Update for the quarter ended 31 May 2023

July 18th, 2023|

OPERATING ENVIRONMENT Inflation and a weakening local currency have continued to be a challenge for the broader economy and the telecommunications sector in particular. The last tariff review for the sector was carried out when the interbank rate was 1,000.02, which in comparison to the interbank rate of 2,577.06 at the close of the quarter [...]

ZB Financial Holdings Notice of Dividend Declaration

July 10th, 2023|

NOTICE is hereby given that at its Annual General Meeting held on 30 June 2023, the Company declared a final dividend of ZW914.67 cents per cents on 175 190 642 ordinary shares in issue, in respect of the year ended 31 December 2022. The dividend is payable to shareholders registered in the books of the [...]

TSL Limited declares an interim dividend of US$0.0027 per share

July 1st, 2023|

At their meeting held on 28 June 2023, the Directors declared an interim dividend of US$0.0027 per share payable in respect of all ordinary shares of the Company. This dividend is in respect of the financial year ending 31 October 2023 and will be payable in full to all shareholders of the Company registered at [...]

EcoCash Holdings 2nd Cautionary Announcement relating to the Renounceable Rights Offer of EcoCash Holdings Zimbabwe Ltd Shares

April 27th, 2023|

SECOND CAUTIONARY ANNOUNCEMENT RELATING TO THE APPROXIMATELY US$30.3 MILLION RENOUNCEABLE RIGHTS OFFER OF ECOCASH HOLDINGS ZIMBABWE LIMITED SHARES. 1 INTRODUCTION 1.1 This Second Cautionary Announcement contains the details of the proposed Rights Offer referred to in our initial Cautionary Announcement that was published on the 5th of April 2023. 2 PURPOSE OF THE RIGHTS OFFER [...]

Econet Wireless 2nd Cautionary Announcement relating to the Renounceable Rights Offer of Econet Wireless Zimbabwe Ltd shares

April 27th, 2023|

SECOND CAUTIONARY ANNOUNCEMENT RELATING TO THE APPROXIMATELY US$30.3 MILLION RENOUNCEABLE RIGHTS OFFER OF ECONET WIRELESS ZIMBABWE LIMITED SHARES. 1 INTRODUCTION 1.1 This Second Cautionary Announcement contains the details of the proposed Rights Offer referred to in our initial Cautionary Announcement that was published on the 5th of April 2023. 2 PURPOSE OF THE RIGHTS OFFER [...]

Morupule Coal Mine signs a milestone Memorandum of Understanding for Letshego Botswana to provide financial support of P2.2 billion to micro and small entrepreneurs over 5 years

March 16th, 2023|

March 16, 2023; [Gaborone, Botswana]: Morupule Coal Mine (MCM) and Letshego Botswana recently partnered through the signing of a Memorandum of Understanding to provide financial support to Micro and Small Entrepreneurs (MSEs) and drive Citizen Economic Empowerment. The agreement enables Morupule Coal Mine’s contract suppliers the unique opportunity to access affordable funding through the commitment [...]

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