INDUSTRIALS & ENERGY

Petrotrade declares $1.5 million dividend

Government-owned oil company, Petrotrade declared a $1.56 million dividend at the end of its 2018 financial year after managing to improve its profitability during the period, the company said on Thur...

By New Ziana | Published: 04 October 2019

FINANCIAL SERVICES

Agribank declares US$5,5m dividend

The Agricultural Development Bank (Agribank) has declared a US$5,5 million dividend to Government after recording a 63 percent growth in profit to $13 million in the year to December 2018, breaking aw...

By Staff reporter | Published: 02 July 2019

TELECOMS & TECHNOLOGY

Strive Masiyiwa pockets $100m in dividends

STRIVE Masiyiwa has pocketed close to US$100 million as dividend payouts from his investment in Econet Wireless Zimbabwe (EWZ) since 2009, businessdigest has established.According to Econet Wireless Z...

By Staff reporter | Published: 03 May 2019

CONSTRUCTION & PROPERTY

PPC to invest dividends in govt bonds

CEMENT producer PPC Zimbabwe has, in the last five years, spent over US$140 million in plant refurbishments and it aims to invest some of its dividends in government bonds to increase local procuremen...

By Staff reporter | Published: 03 May 2019

BUSINESS NEWS

Delta's AB InBev places $120m unremitted dividends, fees into RBZ saving

The world's largest brewer Anheuser-Busch InBev (AB InBev) has agreed to place the over $120 million owed to it in unremitted dividends and fees by Delta Corporation into the Reserve Bank of Zimbabwe ...

By Staff reporter | Published: 11 January 2019

BUSINESS NEWS

Efficient border management system pays dividends

Cross border travellers using the Beitbridge Border Post have commended authorities on the Zimbabwean side for embracing the border efficiency management system that has seen a marked improvement in t...

By Staff reporter | Published: 21 December 2018

INDUSTRIALS & ENERGY

Refocus pays dividends for Cafca

Cable manufacturer Cafca's profit after tax grew four-fold to $3,85 million in the six months to September 30 from $726 213 last year on strong local demand after refocusing to copper products."Profit...

By Staff reporter | Published: 19 November 2018

TELECOMS & TECHNOLOGY

Econet declares $20 million dividend

TELECOMMUNICATIONS provider Econet Wireless Zimbabwe has declared a dividend of 0.772c per share amounting to $20 million for the quarter ended May 31, 2018.The shares will trade cum-dividend till Jul...

By Staff reporter | Published: 20 July 2018

TRANSPORT & TOURISM

Peace dividend boosts tourism sector

THE Zimbabwe Tourism Authority (ZTA) says the peaceful environment prevailing in Zimbabwe should continue beyond the election period to consolidate the positive trajectory being experienced in the tou...

By Staff reporter | Published: 16 July 2018

INDUSTRIALS & ENERGY

AB InBev yet to receive US$70m Delta dividends

Delta, the largest company on the ZSE by market capitalisation, last month recorded a 12% decline in annual profit.Anheuser-Busch Inbev (AB InBev) - the world's largest brewer - is yet to receive a to...

By Staff reporter | Published: 13 July 2018

TRANSPORT & TOURISM

RTG shareholders fume over dividend

Minority shareholders in Rainbow Tourism Group (RTG) refused to approve directors' fees amounting to US$95 000 and their reappointment to the board at an annual shareholders meeting this week, but los...

By Staff reporter | Published: 15 June 2018

BUSINESS NEWS

Zim is open for business paying dividends

AT the turn of the century, Zimbabwe's economy was starting to decline. This was characterised by dwindling lines of credit, low investor confidence and negative marketing of the country by detractors...

By Elijah Chihota | Published: 11 June 2018

CONSTRUCTION & PROPERTY

Dawn declares $0.275m dividend

Dawn Properties Limited has declared a final dividend of $274 860 in the full year to December 2017. The dividend, which translates to 0,0112 cents per share, comes after the property development firm...

By Staff reporter | Published: 29 May 2018

FINANCIAL SERVICES

Old Mutual sets up dividend access trusts

OLD Mutual Limited has established dividend access trusts in Malawi, Namibia and Zimbabwe following the restructuring of the Old Mutual plc group of companies.The managed separation process will see t...

By Staff reporter | Published: 22 May 2018

CONSTRUCTION & PROPERTY

ZPI declares $515 000 dividend

ZIMRE Property Investment Limited (ZPI) has declared a $515 000 dividend for the full year to December 31, 2018 spurred by a commendable performance during the period under review.This was after the p...

By Staff reporter | Published: 07 May 2018

FINANCIAL SERVICES

Old Mutual declares dividend

Shareholders of integrated financial services group, Old Mutual Zimbabwe are smiling all the way to the bank after the groupdeclared a 7,11 cent per share at a time many companies are failing to rewar...

By Staff reporter | Published: 24 April 2018

BUSINESS NEWS

TSL shareholders get $5m dividend

TSL shareholders will receive a $4,8 million once-off dividend from proceeds of disposal of the diversified group's shareholding in fellow Zimbabwe Stock Exchange listed packaging concern, Nampak Zimb...

By Staff reporter | Published: 11 April 2018

BUSINESS NEWS

Foreign investors struggle to take out dividends

The foreign currency backlog for transactions conducted on the Zimbabwe Stock Exchange (ZSE) stood at $164 million, as of February 20, 2018, as the shortage of hard currency in the country keeps const...

By Staff reporter | Published: 06 April 2018

FINANCIAL SERVICES

FML declared a dividend of 0.15cps

THE First Mutual Life the board today declared a dividend of 0.15 cents per share for the year ended 31 December 2017 payable in respect of all the ordinary shares of the company. According to the com...

By Staff reporter | Published: 05 April 2018

TELECOMS & TECHNOLOGY

Econet declares $50m dividend

TELECOMMUNICATIONS operator, Econet Wireless, has announced a dividend of $50 million for the nine months ended November 30, 2017."The company has declared a dividend of 0.93 cents per share for the t...

By Staff reporter | Published: 05 March 2018

TELECOMS & TECHNOLOGY

Econet declares $50m dividend

Zimbabwe's largest telecommunication's company by subscriber and asset base, Econet Wireless, has declared a dividend of $50 million in the nine months to November 2017.This was after the group yester...

By Staff reporter | Published: 01 March 2018

ANNOUNCEMENTS

PROL.zw | Dividend Announcement

Details:- Date Announced :Thursday, 8 February 2018- Dividend declared for the period :31 December 2017- Dividend Amount per share :0.26 US cents- Dividend Record Date :2 March 2018- Last day to trade...

By PROL | Published: 12 February 2018

ANNOUNCEMENTS

TSL.zw | Dividend Announcement

Details:- Date Announced :Wednesday, 31 January 2018- Dividend declared for the period :31 October 2017- Dividend Amount per share :0.45 US cents- Dividend Record Date :9 March 2018- Last day to trade...

By TSL | Published: 12 February 2018

ANNOUNCEMENTS

DLTA.zw | Dividend Announcement

Details:- Date Announced :Tuesday, 16 January 2018- Dividend declared for the period :31 December 2017- Dividend Amount per share :2.25 US cents- Dividend Record Date :2 February 2018- Last day to tra...

By DLTA | Published: 01 February 2018

ANNOUNCEMENTS

TSL.zw | Dividend Announcement

Details:- Date Announced :Wednesday, 31 January 2018- Dividend declared for the period :31 October 2017- Dividend Amount per share :0.45 US cents- Dividend Record Date :9 March 2018- Last day to trade...

By TSL | Published: 01 February 2018
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