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So far AfricanFinancials Digital Team has created 8333 blog entries.

Willdale Limited | Circular to Shareholders

March 12th, 2024|

CHAIRMAN'S LETTER TO SHAREHOLDERS Dear Shareholders, The Company has approximately 165.6 hectares of land in Mt Hampden, an area that is fast developing owing to the new Parliament Building and the new city located nearby. This has presented an opportunity to develop the land into residential, commercial and industrial stands. Furthermore, the Company has excess [...]

Zanaco Integrated Report 2023

March 12th, 2024|

Chairperson’s Report Dear Valued Shareholders, We delivered superior performance by reaching market leadership and for the third successive year exceeded the K1 billion Profit After Tax mark. Performance Against our Strategy On behalf of the Board of Directors, it gives me great pleasure to present the Zanaco Plc 2023 Integrated Report. Reflecting on our 5 [...]

Zanaco 2024 AGM Notice Booklet

March 12th, 2024|

Notice is hereby given that the 54th Annual General Meeting of the fully paid-up members of Zambia National Commercial Bank (ZANACO) Plc in respect of the period ended 31st December 2023, will be held at the Intercontinental Hotel in Lusaka, Zambia on Thursday, 28th March 2024 commencing at 10:00 hours. Read the full Notice and [...]

TSL Limited | 2023 Annual Report

March 11th, 2024|

The Group continues to prioritise enhancement of shareholder value and sustainable growth. Group borrowings are foreign currency denominated and remain low with adequate interest cover. REVIEW OF THE ECONOMIC ENVIRONMENT The operating environment was marked by inflationary pressures, persistent power outages and liquidity challenges in both local and foreign currency. The economy has experienced a [...]

Simbisa Brands – 1H FY2024 Analyst Presentation

March 11th, 2024|

Investor Key Performance Indicators Market capitalisation of US$196.48mn EV/EBITDA multiple of 3.9x and a PE ratio of 10.0x The Company generated a ROE of 26% Interim dividend of 0.62 USc per share Dividend yield of 4% Simbisa Employee Share Trust interim dividend of US$174,277. Simbisa Brands HY2024 Analyst Presentation.pdf

Edgars appoints Chipo Mafunga as Company Secretary

February 7th, 2024|

The Edgars Stores Limited Board of Directors wishes to advise its valued shareholders and other stakeholders that it has changed the Company Secretary: Chipo Mafunga of ChimukaMafunga Commercial Attorneys have been appointed as Company Secretary effective 01 January 2024. The Board sincerely thanks Sikhumbuze Mate for his dedication during the last two years. BY ORDER [...]

Edgars | Cautionary Statement

February 7th, 2024|

The Directors of Edgars Stores Limited (the “Company”) wish to advise all shareholders and the investing public that the Board, subject to shareholder approval and the granting of all necessary regulatory authorisations, has approved the delisting of the Company from the Zimbabwe Stock Exchange, immediately followed by its listing on the Victoria Falls Stock Exchange [...]

Powerspeed Electrical releases its 2023 Annual Report

February 1st, 2024|

CHAIRMAN’S STATEMENT INTRODUCTION The previous twelve months have presented significant challenges for businesses and households alike. We have faced a multitude of obstacles, including inflation, rising expenses, increased regulation, informalization, tight liquidity, fluctuating interest rates, dollarization, exchange rate disparities, and corruption, all of which have made conducting formal business a difficult endeavour. Despite these adversities, [...]

TSL Limited FY 2023 Analyst Briefing Presentation

January 31st, 2024|

Operating Environment Economic Environment Marked by inflationary pressures, persistent power outages and liquidity challenges in both local and foreign currency, elevated interest rates. Growing trend in dollarisation in the economy - higher proportion of transactions in US$. Change in consumer spending patterns – more informal. Agricultural Sector 2022/23 summer cropping season was reasonable across most [...]