Jul 26, 2018 WILD.zw | Board Changes

Departures:
Willdale Limited announced the resignations of Mrs Mary Grace Revanowako and Mr George Antony Chigora from the board with effect from 18 July 2018.

Appointments:
Willdale Limited also announced the appointment of Mr Washington Chidziwo and Mr Gilbert Machingambi as non-executive directors with effect from 20 July 2018.

WILD_Board_Changes_-_26_Jul_2018

Jul 19, 2018 ECO.zw | Dividend Announcement

Details:
- Date Announced :Thursday, 19 July 2018
- Dividend declared for the period :31 May 2018
- Dividend Amount per share :0.7720 US cents
- Dividend Record Date :3 August 2018
- Last day to trade cum-dividend :31 July 2018
- Dividend ex-date :1 August 2018
- Dividend Status :Declared
- Dividend Payment Date : 7 August 2018
- Tax Status :Gross
- Withholding tax :10%
- Scrip Dividend Offer :Nil
- Scrip Dividend Offer Term :None

ECO_Dividend_Announcement_19_Jul_18

Jul 17, 2018 SEED.zw | Notice of Annual General Meeting and Circular to Shareholders

Notice is hereby given that the 23rd Annual General Meeting of members of Seed Co Limited will be held in the Seed Co Administration Block at Stapleford in Harare, Zimbabwe on Thursday 9 August 2018 at 1100 hours.

Members, in addition to ordinary resolutions, will also be asked to consider the following as special resolutions:

a) the proposed Partial Unbundling of Seed Co International Limited out of the Group by way of a pro rata dividend-in-specie distribution of 71% of Seed Co International Limited’s equity amounting to 242,313,440 ordinary shares currently held by Seed Co Limited;

b) the raising of US$19.2 million hard currency equity capital through the placement of 37,920,648 Seed Co International Limited ordinary shares with Vilmorin & Cie at a cash subscription price of US$0.5069 per share; and

c) the separate primary and secondary listing of Seed Co International Limited on the Botswana Stock Exchange (“BSE”) and the Zimbabwe Stock Exchange (ZSE”) respectively.

zw_SEED_Abridged_Circular_Jul_18

Jul 12, 2018 DLTA.zw | Trading Update for the first quarter ended 30 June 2018

Details:
The Company today issues an update for the first quarter ended 30 June 2018. The business continues to record positive volume trends. There were significant product supply gaps arising from the shortages of imported raw materials and services as the access to foreign currency remains constrained.

Lager beer volume is up 56% over prior year for the quarter matching the historical peak run rates post dollarization. Whilst product supply is largely stable, imported inputs remain a constraint.

The sparkling beverages volume increased by 23% over prior year for the quarter. The soft drinks category was adversely affected by the challenges in securing imported raw materials, leading to extended periods of production stoppages and out of stock situations.

In Zimbabwe, the sorghum beer volume declined by 5% mainly due to shortages of packaging materials for Chibuku Super. Product supply had improved by the end of the quarter. The product mix has shifted to Chibuku Super which grew by 28% to contribute 84% of the volume.

National Breweries Plc-Zambia (Natbrew Plc) recorded a volume growth of 21% on improved product supply and competitive pricing.

Group revenue increased by 40% (34% organic growth) for the quarter reflecting the changes in category mix. All beverages categories recorded increases in revenue which has positively impacted on profitability and cash flows.

Reminder on Cautionary Statement
Shareholders are reminded that the Company is trading under a cautionary issued with respect to the notice received from The Coca-Cola Company (TCC) advising of an intention to terminate the Bottler’s Agreements with the Group entities (Notified Intention). This followed the merger of AB InBev and SABMiller Plc in October 2016 and the subsequent agreement in principle reached between TCCC and AB InBev to explore options to restructure the bottling operations in a number of countries. The discussions amongst the parties are ongoing.

Dividend Notice to Shareholders
Notice is hereby given that the Board of Directors has declared an Interim Dividend, number 120, of US2,0 cents per share payable in respect of all the qualifying ordinary shares of the Company to be paid out of the profits for the current financial year. This will be payable to shareholders registered at the close of business on 27 July 2018. The dividend will be paid by direct transfers or other approved forms of payment as per the timetable above.

Trading Update for the first quarter ended 30 June 2018

Jul 10, 2018 ZBFH.zw | Further Cautionary Statement

Details:


Further to the Cautionary Statements issued by the Board beginning from the 15th of November 2017, shareholders and members of the public are advised that ZB Financial Holdings Limited (“ZBFH” or “the Company”) is still engaged in negotiations concerning a material transaction which, if concluded, may have an effect on the price of the Company’s shares.

Accordingly, shareholders and members of the public are advised to exercise caution and consult their professional advisors when dealing in the Company's shares until a full announcement is made or this cautionary is withdrawn.

ZBFH Further Cautionary

Jul 05, 2018 ZBFH.zw | Dividend Announcement

Details:
- Date Announced :Thursday, 5 July 2018
- Dividend declared for the period :31 December 2017
- Dividend Amount per share :1.83 US cents
- Dividend Record Date :20 July 2018
- Last day to trade cum-dividend :17 July 2018
- Dividend ex-date :18 July 2018
- Dividend Status :Declared
- Dividend Payment Date : 3 August 2018
- Tax Status :Gross
- Withholding tax :10%
- Scrip Dividend Offer :Nil
- Scrip Dividend Offer Term :None

ZBFH_Dividend_Announcement_05_Jul_18

Jul 03, 2018 ASUN.zw | Board Chairmanship Changes

African Sun Limited's Board advises that Mr Hebert Nkala retired from the Board with effect from 28 June 2018.

Mr Alex Makamure has been appointed African Sun Board Chairman with effect from 29 June 2018.

Jul 02, 2018 PPC.zw | Upgrade on Credit Rating

On 29 June 2018 S&P Global Ratings (S&P) upgraded its long-term South Africa national scale rating on PPC to 'zaA-' from 'zaBBB'.

The investment grade rating reflects S&P’s view that PPC’s underlying credit metrics are broadly stable. In particular, S&P regard PPC as having adequate liquidity and, as a result of the deleveraged balance sheet, sufficient covenant headroom of greater than 15% based on their base case for 2019.

Furthermore, PPC’s short-term South Africa national scale rating was affirmed at 'A-2' and S&P removed the "under criteria observation" (UCO) designation from these national scale ratings.

The ratings upgrade demonstrates the impact of the financial disciplines and strategic measures PPC has introduced to improve the group’s liquidity and reduce leverage as outlined in the group’s FOH-FOUR strategic priorities...

PPC_Update_on_credit_rating_-_02_Jul_2018

Jul 02, 2018 NTS.zw | Audited Financial Results FY18

Financial Highlights:
- Revenue $ 13 833 695
- Operating profit $ 8 218
- Profit from operations $ 251 728
- Profit before tax $ 42 318
- Loss for the year $ (61 016)
- Dividend Nil
- Total comprehensive loss for the year $ (61 016)
- Basic loss per share (0.02) US cents
- Diluted loss per share (0.02) US cents
- Headline loss per share (0.02) US cents

zw_NTS_AO_18

zw_NTS_2018_FY

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ZSE Vacancy (ICT Systems Administrator)

15 November 2018

Applications are invited from suitably qualified and experienced individuals to fill the following learning and...

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