News from African stock market traded companies
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Jul 26, 2024 –
NOTICE is hereby given that at the Annual General Meeting held on 28 June 2024, the Company declared a final dividend of ZIG0.78 cents and USD0.65 cents per share on 175 190 642 ordinary shares in issue, in respect of the year ended 31 December 2023. The dividend is payable …
Corporate announcement, Dividends | Zimbabwe | Banking
Jul 26, 2024 –
Shareholders are advised that the results of the Thirty-Fifth (35) Annual General Meeting of the Company held on Friday, 28 June 2024 were as follows: ORDINARY BUSINESS 1. To adopt the 2023 inflation-adjusted consolidated and separate financial statements and statutory reports. PASSED 2. To confirm the interim dividend of ZWL488.47 …
AGM, Corporate announcement | Zimbabwe | Banking
Jul 26, 2024 –
First Mutual Properties Limited is pleased to announce the appointment of Ms Susan M. Mutangadura as an independent non-executive Member of the Board with effect from 1 August 2024. Susan Mutangadura is a distinguished professional with extensive qualifications and experience in law, arbitration, and corporate governance. Her expertise spans international …
Corporate announcement, Directorate changes | Zimbabwe | Property
Jul 26, 2024 –
Further to previous Cautionary Statements, shareholders will recall that the Insurance and Pensions Commission (IPEC) instituted a forensic audit on First Mutual Life Assurance Company (Private) Limited (FML), a subsidiary of First Mutual Holdings Limited (FMHL). Shareholders will further recall that IPEC subsequently issued a Corrective Order against FML. Discussions …
Corporate announcement | Zimbabwe | Insurance
Jul 25, 2024 –
What were key factors contributing to the 69% increase in EBITDA as reported in the Q3 2024 Interim Report? The increase in EBITDA can be attributed to a significant rise in group income by 60%, increased revenue from the agriculture sector due to higher sugar prices and substantial growth in …
Articles | Mauritius | Investment
Jul 25, 2024 –
What was a major contributor to the increase in the Group’s revenue? The significant increase in the Group’s revenue was mainly due to the core business activity segment, with a substantial contribution of Rs 109.6 million coming from the subsidiary, Flacq Associated Stonemasters Limited (FAST).
Articles | Mauritius | Building & Associated
Jul 25, 2024 –
What has been the impact of lower jackpots and bad weather on Lottotech’s financial performance? The lower jackpots and bad weather led to a decrease in Lottotech’s revenue and profit in the quarter ending 31 March 2024 compared to the same period in 2023. The revenue dropped from MUR422m to …
Articles | Mauritius | Tourism
Jul 25, 2024 –
What notable trends were identified in East Africa Cables Plc’s annual report for 2023? The annual report highlighted trends in the market and the economic environment such as the GDP growth, increase in construction sector, and a growing demand for a better quality of life among the middle class. It …
Articles | Kenya | Building & Associated
Jul 25, 2024 –
Question: What is BAT Kenya’s strategy to handle the challenge of illegal cigarette trade and regulatory uncertainty in Kenya? Answer: The company urges relevant authorities to intensify actions against illicit trade, tighten border controls, conduct factory audits to ascertain legitimate demand and output, and enforce stricter penalties for infractions. Despite …
Articles | Kenya | Agricultural
Jul 24, 2024 –
Quality Chemical Industries Limited has declared a dividend. The following are the details related to the dividend: Ex-Dividend date 24/07/2024 Record date 26/07/2024 Payment date 31/07/2024 Dividend amount per share 5.7 UGX
Corporate announcement, Dividends | Uganda | Pharmaceuticals
Jul 24, 2024 –
National Bank of Malawi has declared a dividend. The following are the details related to the dividend: Ex-Dividend date 17/07/2024 Record date 19/07/2024 Payment date 02/08/2024 Dividend amount per share 49.26 MWK
Corporate announcement, Dividends | Malawi | Banking
Jul 24, 2024 –
United Capital PLC has declared a dividend. The following are the details related to the dividend: Ex-Dividend date 01/08/2024 Record date 31/07/2024 Payment date 09/08/2024 Dividend amount per share 0.9 NGN
Corporate announcement, Dividends | Nigeria | Investment