AfricanFinancials Digital Team

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So far AfricanFinancials Digital Team has created 484 blog entries.

Edgars Stores – Results of Extraordinary General Meeting

June 30th, 2020|

Announcement of the results of voting at the Extraordinary General Meeting of shareholders of Edgars Stores Limited held at 12:00 AM on 16 June 2020 regarding the proposed Renounceable Rights Offer of 274,745,630 ordinary shares of a nominal value of ZWL$0.01 each, at a Rights Offer price of ZWL$0.2548 per share, on the basis of [...]

Zimbabwe Stock Exchange suspends trading

June 30th, 2020|

Following the statement issued by the Secretary for Information, Publicity and Broadcasting Services on 26 June 2020, the Zimbabwe Stock Exchange Limited (“ZSE”) engaged both the Securities and Exchange Commission of Zimbabwe (“SECZ”) and the Ministry of Finance and Economic Development. Whilst we await the guidance from our regulators on the operational modalities going forward, [...]

Zanaco | Declaration of final dividend for the fiscal year ended 31 December 2019

June 22nd, 2020|

At the Annual General Meeting held virtually via the Zoom Teleconferencing facility on 15th June 2020, a Final Dividend of 0.05 Kwacha per share for the fiscal year ended 31st December 2019 was approved by the shareholders of Zanaco Plc. This would bring the total dividend paid out to shareholders to ZMW75.1M for the fiscal [...]

Zanaco | Notice of change in directorate

June 22nd, 2020|

Pursuant to Section 3.59 of the Listing Requirements the Board of Directors of Zanaco Plc (“the Board”) wishes to inform the Bank’s shareholders and the general public that Mrs Chearyp Mkandawire - Sokoni was appointed as director on the Zanaco Plc Board effective on 15th June 2020. The Board wishes Mrs Sokoni, the best in [...]

REIZ | Notice of departure of Chief Executive Officer

June 22nd, 2020|

In accordance with the Securities Act No. 41 of 2016, the Board of Directors (“the Board”) of Real Estate Investments Zambia Plc (“REIZ” or “the Company”) wishes to announce that Mr Sydney Popota, the Chief Executive Officer (“CEO”), will be leaving the Company upon expiry of his employment contract on 30 June 2020. The Board [...]