Dear Shareholders The Group had a strong financial year with turnover up from $272.9m in 2018 to $504.1m in 2019. Volume performance was mixed across the Group with Powermec and Mealie Brand increasing their volumes while Farmec, Barzem and CT bolts suffered some volume reduction. Through a good mix of exports and local products sold [...]
Shareholders are advised that Zimplow Holdings Limited (“Zimplow’”) is in discussions regarding a transaction with unlisted entities in complementary sectors to Zimplow’s current product mix. Shareholders will be provided with further details about the transaction in the course of time. Accordingly, shareholders are advised to exercise caution and should consult their professional advisors before dealing [...]
NOTICE IS HEREBY GIVEN THAT the Seventieth Annual General Meeting of Shareholders will be held at Zimplow Holdings Limited Head Office 36 Birmingham Road, Southerton Harare at 1000hrs on 30 June 2020 to consider the following: As Ordinary Resolutions To approve the minutes of the Annual General Meeting held on 13 June 2019. To receive [...]
NOTICE IS HEREBY GIVEN that the 15th Annual General Meeting of Members of AEL Zambia Plc, which was postponed during March 2020 as a result of health concerns and notices by the Health Ministry related to the global Covid-19 outbreak, will be held at the Radisson Blu Hotel, Lusaka, on Tuesday, 30th June 2020 commencing [...]
Zimplow Holdings Limited issues the following trading update for the first quarter ended 31 March 2020. Business Overview The Group delivered an encouraging performance in the first quarter (Q1) despite the challenges experienced in our operating environment. Q1 of 2020 saw improved volume performance across all our units except for Mealiebrand. As a result, revenue [...]