Nov 26, 2018 PPC.zw | Unaudited Financial Results HY19

Financial Highlights:
- Revenue R 5 597 000 000
- Gross profit R 1 103 000 000
- Operating profit R 507 000 000
- Profit before taxation R 251 000 000
- Profit for the period R 260 000 000
- Dividend Nil
- Total comprehensive income R 1 039 000 000
- Basic earnings per share 21 cents
- Headline earnings per share 21 cents

zw_PPC_2019_HY

Nov 19, 2018 MEIK.zw | Abridged Unaudited Results HY19

Financial Highlights:

-Revenue $ 330 830 000
-Operating profit $ 24 949 000
-Profit before tax $ 21 798 000
-Profit for the period $ 15 332 000
-Dividend per share $1.2 US Cents
-Total comprehensive income for the period $ 15 332 000
-Basic earnings per share 3.33 US cents
-Diluted earnings per share 3.12 US cents
-Headline earnings per share 3.46 US cents

zw_MEIK_2019_HY

 

Nov 19, 2018 FCA.zw | Renewal of Cautionary Statement

Shareholders are advised that the First Capital Bank Limited Board of Directors approved, subject to regulatory and other approvals, including but not limited to the final approval by the Reserve Bank of Zimbabwe, the unbundling of the Company’s non-core banking properties into a separate entity to be listed on the Zimbabwe Stock Exchange. The primary asset included is the Company’s 50% shareholding in a property holding company called Makasa Sun (Private) Limited. Shareholders will be provided with more details in due course.

Accordingly, shareholders and the investing public are advised to exercise caution and to consult their professional advisors when dealing with the Company’s shares.

 

Nov 16, 2018 CAFCA.zw | Audited Financial Results HY18

Financial Highlights:
- Revenue $ 30 382 348
- Operating profit $ 5 232 656
- Profit before income tax $ 5 234 020
- Profit for the year $ 3 859 430
- Dividend per share 10.50 US cents
- Total comprehensive income for the year $ 3 859 430
- Basic earnings per share 11.67 US cents
- Diluted earnings per share 11.53 US cents
- Headline earnings per share 11.67 US cents

zw_CAFCA_2018_FY

Nov 16, 2018 RIOZ.zw | Withdrawal of Cautionary Statement

Further to the cautionary statements published on the 9th of October 2018 and the 1st of November 2018, the Board of RioZim Limited would like to advise the Company’s shareholders and members of the investing public that following extensive discussions by the Company with various Government Ministries, the Reserve Bank of Zimbabwe and the Chamber of Mines, the Company is now in a position to resume operations at all three of its gold mines, namely Cam & Motor, Renco and Dalny due to its ability to procure the necessary inputs and consumables.

The Company’s ability to resume operations at these mines follows a commitment by the Reserve Bank of Zimbabwe that with immediate effect, it will increase the percentage of export proceeds that can be retained by gold producers in their individual Nostro FCA accounts. Furthermore, there are a number of other measures that have been proposed by the Reserve Bank of Zimbabwe to incentivise and assist gold producers including export incentives and confirmed letters of credit to fund capital expenditure requirements.

The Board would therefore like to advise shareholders that it will continue to monitor the situation closely in respect of the adequacy of the proposed measures in meeting the Company’s operational and investment needs whilst engagements amongst the Company, Government, the Reserve Bank of Zimbabwe and the mining industry continue to take place in finding a sustainable solution.

Accordingly, shareholders and the investing public are advised that as a result of this publication, the cautionary announcements of the 9th of October 2018 and the 1st of November 2018 are hereby withdrawn for the time being in as far as the events alluded to therein are concerned and the stated caution is no longer required to be exercised when dealing in the shares of the Company.

RIOZ_Withdrawal_of_Cautionary_Statement_-_16_Nov_2018

Nov 12, 2018 BRDR.zw | Cautionary Statement

Border Timbers Limited issued the following statement:

"Shareholders will be aware of the international arbitration proceedings between the Company, other private parties, and the Government of Zimbabwe (“the Government”), pending at the International Centre for the Settlement of Investment Disputes (“ICSID”) (" the ICSID Proceedings") since 2010 in respect of the compulsory acquisition of its land. An award was issued in the Company’s favour in 2015, but the Government subsequently filed an application to annul the award (“Annulment Application”).

Shareholders are advised that the decision in the Annulment Application, which will be the final decision in the ICSID Proceedings, is expected at any time from now. The outcome of the ICSID proceedings will have a material impact on the financial statements of the Company. For this reason, the Company has been unable to finalise and publish the abridged financial statements for the period ending 30th June, 2018.

The impact of the ICSID decision on the financial statements is likely to have a material impact on the share price.

As an additional precaution for all shareholders and the investing public, the Company has requested the Zimbabwe Stock Exchange to effect a voluntary suspension of the Company’s counter from trading, with effect from Monday, 12th November, 2018, until further notice. A lifting of the suspension will be sought once there is clarity regarding the effect of the ICSID award and the Company’s ability to publish its financial statements with certainty.

Meanwhile, the Company assures all stakeholders that the Company is trading as normal and will shortly publish a trading update providing a historical and current position.

Accordingly, shareholders are advised to exercise caution when dealing in the Company's shares until a further announcement is made."

BRDR_Cautionary_Statement_-_12_Nov_2018

Nov 09, 2018 ECO.zw | Reviewed Financial Results HY19

Financial Highlights:
- Revenue $ 600 272 000
- Profit from operations $ 196 509 000
- Profit before tax $ 193 920 000
- Profit for the half year $ 123 559 000
- Dividend per share 1.158 US cents
- Total comprehensive income for the half year $ 123 559 000
- Basic and diluted earnings per share 5.1 US cents

Nov 09, 2018 ECO.zw | Dividend Announcement

Details:
- Date Announced :Friday, 9 November 2018
- Dividend declared for the period :31 August 2018
- Dividend Amount per share :1.158 US cents
- Dividend Record Date :23 November 2018
- Last day to trade cum-dividend :20 November 2018
- Dividend ex-date :21 November 2018
- Dividend Status :Declared
- Dividend Payment Date :27 November 2018
- Tax Status :Gross
- Withholding tax :10%
- Scrip Dividend Offer :Nil
- Scrip Dividend Offer Term :None

Nov 08, 2018 DLTA.zw | Unaudited Financial Results HY19

Financial Highlights:
- Revenue $ 341 417 000
- Operating income $ 65 597 000
- Profit before tax $ 75 818 000
- Profit for the period $ 57 215 000
- Interim dividends paid 4.5 US cents
- Total comprehensive income for the period $ 57 215 000
- Attributable earnings per share 4.63 US cents
- Fully diluted earnings per share 4.57 US cents

zw_DLTA_2019_HY

Nov 08, 2018 OKZ.zw | Unaudited Financial Results HY19

Financial Highlights:
- Revenue $ 330 105 245
- Profit before tax $ 11 576 591
- Profit for the period $ 8 434 874
- Dividend per share 0.35 US cents
- Total comprehensive income for the period $ 8 417 129
- Attributable earnings per share 0.71 US cents
- Headline earnings per share 0.70 US cents

zw_OKZ_2019_HY

Nov 08, 2018 OKZ.zw | Dividend Announcement

Details:
- Date Announced :Thursday, 8 November 2018
- Dividend declared for the period :30 September 2018
- Dividend Amount per share :0.35 US cents
- Dividend Record Date :23 November 2018
- Last day to trade cum-dividend :20 November 2018
- Dividend ex-date :21 November 2018
- Dividend Status :Declared
- Dividend Payment Date :29 November 2018
- Tax Status :Gross
- Withholding tax :10%
- Scrip Dividend Offer :Nil
- Scrip Dividend Offer Term :None

Nov 08, 2018 ECO.zw | Notice of EGM and Circular to Shareholders

In terms of the Company’s Memorandum and Articles of Association, notice is hereby given that an Extraordinary General Meeting of shareholders of Econet Wireless Zimbabwe Limited will be held at 1000 hours on the 29 November 2018 at 2 Old Mutare Road, Msasa, Harare.

The Circular relates the following proposed transactions:

a) The disposal of the 51% stake the Company holds in Data Control and Systems (1996) (Private) Limited trading as Liquid Telecommunications Zimbabwe in exchange for shares in Liquid Telecommunications Holdings Limited (“LTZ”) worth US$135,000,000.00;

b) The proposed conversion of 1,166,906,618 debentures in issue into ordinary shares on the basis of ninety three point three (93.3) new ordinary shares for every one hundred (100) debentures held, the termination of the Econet Wireless Zimbabwe Limited (“EWZL”) Debenture Trust Deed in relation to those debenture holders who accept the offer of conversion, and the listing and admission of the shares issued pursuant to the debenture conversion;

c) The demerger from EWZL (the mobile network operations business), of the Company’s Technology business under a new holding company called Cassava SmarTech Zimbabwe Limited (“CSZL”); and

d) The listing and admission of the issued ordinary shares in CSZL on the Zimbabwe Stock Exchange Limited (“ZSE”) separately from the Listing of EWZL shares.

zw_ECO_Abridged-Circular_Nov_18   zw_ECO_Full_Circular_Nov_18

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