AfricanFinancials Digital Team

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So far AfricanFinancials Digital Team has created 112 blog entries.

June 2019

G4S Botswana Security Systems achieves 60% increase in PBT

2019-06-14T08:02:09+02:00June 12th, 2019|

Read the G4S Botswana Limited 2018 Annual Report We have extracted the financial summary from the 2018 Annual Report of G4S (Botswana) Limited, listed on the Zimbabwe Stock Exchange under the share code G4S (Botswana) Limited provides security solutions for individual and business needs in Botswana. It operates in the following sectors: [...]

March 2019

REIZ projects growth at 4.2% in 2019 and 4.3% in 2020

2019-04-04T11:49:40+02:00March 25th, 2019|

REIZ releases the annual report & financial statements for the year ended 31 December 2018. Below is the Chairman's Statement extract from the report: The Economy The economic operating environment saw real gross domestic product growing at an estimated 4.0% in 2018, compared to 4.1% in 2017. Agricultural output contracted by more than 35% due [...]

December 2018

Econet Wireless results of the EGM held on 29 November 2018

2019-06-12T14:41:43+02:00December 1st, 2018|

DEMERGER TRANSACTION The amended Demerger resolutions were put to the vote by show of hands and were declared by the Chairman to have been passed by the required majority subject to confirmation by the Chairman through the publication of the results of the poll vote that the Chairman had asked the meeting to conduct. The [...]

A surge in copper prices drives ZCCM-IH profits 33% to K975m

2018-12-01T12:29:55+02:00December 1st, 2018|

In accordance with the requirements of the Securities Act No. 41 of 2016 and the Listings Rules of the Lusaka Securities Exchange, ZCCM Investments Holdings Plc (“ZCCM-IH Plc”) announces its unaudited annual financial statements for the year ended 31 March 2018. Commentary The Group reported a profit of K975 million (2017: K 729 million) representing [...]

November 2018

ZAMBEEF | Trading Statement

2018-11-21T08:15:37+02:00November 20th, 2018|

In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Zambeef Products Plc (“the Group”) hereby advises the Shareholders of the Company that the Earnings per Share and Headline Earnings per Share for the Year Ended 30 September 2018 are expected to be approximately 163% higher than for the Year [...]

December 2017

CECA | Further Cautionary Update – Trading of CEC Africa shares on the LuSE

2018-04-12T15:02:28+02:00December 29th, 2017|

Shareholders of the Company are referred to the cautionary update released by CEC Africa Investments Limited (“CECA” or “the Company”) on 3 October 2017, in which shareholders and the market were informed that the shares of CECA were permitted to start trading on the LuSE quoted market effective 9 October 2017 following the Company’s publication [...]

September 2017

TNM | Statement on TNM CEO

2018-05-23T15:43:19+02:00September 27th, 2017|

The Board of Directors of Telekom Networks Malawi Plc wishes to inform all stakeholders that Douglas Stevenson is no longer employed as Chief Executive Officer of the company and, consequently, Eric Valentine will continue as Acting Chief Executive Officer, a position he has ably filled for the last two months. TNM will shortly make an [...]

August 2017

TNM | 2017 interim financial results

2018-04-12T14:50:24+02:00August 16th, 2017|

PERFORMANCE The company achieved high levels of service revenue and moderate subscriber growth during the first six months of 2017 which enabled it to increase EBITDA and maintain margins and profitability levels. Macro-economic conditions improved during the first six months of 2017 with reducing inflation and interest rates, and stable exchange rates. Against this background, [...]

July 2017

TNM | Declaration of 2017 first interim dividend

2018-11-30T15:44:38+02:00July 27th, 2017|

At the Company’s 80th Board of Directors Meeting held on Thursday, 15th June 2017, the following resolution was approved:- “THAT the First Interim Dividend of MK1,506 million representing 15 tambala per share in respect of the financial year ending 31st December 2017 be and is hereby declared payable on 1st September 2017 to those Shareholders [...]

June 2017

TNM | Declaration of final dividend

2018-11-30T15:50:15+02:00June 23rd, 2017|

At the Company’s Twenty-Second Annual General Meeting held on Thursday, 15th June 2017, the following resolution was approved:- THAT upon the recommendation of the Directors a final dividend of MK1,305 million representing 13 tambala per share in respect of the year ended 31st December 2016 be and is hereby declared payable on 14th July 2017 [...]