TRANSPORT & TOURISM

Meikles to expand Victoria Falls Hotel

Hospitality group, Meikles Limited, intends to expand its Victoria Falls Hotel in the resort town as it positions itself to capitalise on the anticipated boon in the tourism sector driven by the expec...

By Staff reporter | Published: 17 July 2018

MINING & RETAIL

Meikles profits rise 225%

Zimbabwe Stock Exchange listed conglomerate, Meikles Limited, says pretax profits for the year ended March 31, 2018 grew by 225 percent to $19,2 million, from $5,9 million during the prior comparable ...

By Financial Gazette | Published: 16 July 2018

MINING & RETAIL

Meikles in trouble over $1.5m debt

THE High Court has ordered the Sheriff to attach and take into execution movable goods worth US$1,5 million belonging to Meikles Limited, together with interest of 5% per annum, after the latter faile...

By Staff reporter | Published: 08 June 2018

MINING & RETAIL

Meikles stores division ailing

FINANCIAL results for Meikles Limited published last week show the group's stores division to be ailing. The group, however, had a decent outing during the period, buoyed by the supermarkets, agricult...

By Staff reporter | Published: 30 November 2017

MINING & RETAIL

Meikles exits financial services market

ZIMBABWE Stock Exchange listed diversified conglomerate, Meikles Limited, has disposed its financial services arm due to the worsening cash crisis in the country and stringent central bank regulations...

By Staff reporter | Published: 30 November 2017

MINING & RETAIL

Meikles back in the black

Zimbabwe Stock Exchange-listed conglomerate, Meikles Limited (Meikles), has bounced back to profitability after registering a $3,2 million profit in the half year to September 2017 compared to a loss ...

By Staff reporter | Published: 27 November 2017

BUSINESS NEWS

Chinamasa disowns Meikles debt

GOVERNMENT has disowned Meikles Limited's $90 million claim over a two-decade old Reserve Bank of Zimbabwe (RBZ) debt and has made a counter demand, saying it had overpaid the hospitality and retail g...

By Staff reporter | Published: 31 August 2017

INDUSTRIALS & ENERGY

Dubai firm abandons Meikles

Dubai-based Albwardy Investment (Albwardy) group has abandoned its plans to take over diversified Zimbabwean hospitality group, Meikles Limited.Discussions for the possible takeover had been going on ...

By Staff reporter | Published: 07 July 2017

INDUSTRIALS & ENERGY

Meikles FY2016 turnover up 10%

Hotel and retail group Meikles Africa Limited's turnover for the full year to March 30, 2016 rose by 10 percent to $454 million relative to prior year.The group says it has delayed the release of its ...

By Staff reporter | Published: 12 July 2016

MINING & RETAIL

Meikles Mega Market opens sixth branch

Meikles Mega Market wholesale and retail chain has opened its sixth branch as it expands its footprint across the country. The sixth branch, in Gweru, was opened last week and is the second-largest in...

By Staff reporter | Published: 22 June 2015

INDUSTRIALS & ENERGY

Meikles, ZSE talks collapse

Meikles Limited (Meikles) says it is proceeding with its $50 million lawsuit against the Zimbabwe Stock Exchange (ZSE) after talks of reconciliation between the two parties reached a deadlock.In an up...

By Staff reporter | Published: 21 June 2015

ZIMBABWE

ZSE challenges Meikles' $50m lawsuit

The Zimbabwe Stock Exchange (ZSE) has challenged the $50 million lawsuit that was filed against the local bourse by diversified conglomerate Meikles Limited (Meikles), businessdaily has learnt.Alban C...

By Staff reporter | Published: 07 June 2015

INDUSTRIALS & ENERGY

Moxon comes out 'guns blazing', plans to engage govt

Meikles Limited (Meikles) has come out "guns blazing" against the Securities Exchange Commission of Zimbabwe (SEC) over transparency issues related to Mentor Limited (Mentor), with the group threateni...

By Staff reporter | Published: 07 June 2015

INDUSTRIALS & ENERGY

'Damaging agendas' behind RBZ debt saga: Meikles boss

Meikles Limited  (Meikles) executive chairman John Moxon claims there are elements with "negative agendas" behind the group's saga involving its nearly $90 million debt owed by Reserve Bank of Zi...

By Staff reporter | Published: 07 June 2015

INDUSTRIALS & ENERGY

Meikles given 7-day ultimatum

The Zimbabwe Stock Exchange (ZSE) has given Meikles Limited (Meikles) a seven-day ultimatum to "respond to issues" concerning overstatement of its $90 million debt owed by the central bank.This comes ...

By Staff reporter | Published: 07 June 2015

ZIMBABWE

ZSE lifts Meikles suspension

The Zimbabwe Stock Exchange (ZSE) yesterday lifted Meikles Limited (Meikles)'s suspension from trading on the local bourse after baulking at the conglomerate's High Court challenge.In its papers, the ...

By Staff reporter | Published: 07 June 2015

ZIMBABWE

ZSE suspends Meikles

Meikles Limited (Meikles) has been suspended from the Zimbabwe Stock Exchange (ZSE) amid reports that the bourse is probing the group's financials for the year to March 2014, particularly disclosure o...

By Staff reporter | Published: 07 June 2015

ZSE TODAY

Meikles suspended from ZSE

The Zimbabwe Stock Exchange has suspended Meikles Limited from trading with effect from today.The bourse announced without immediately giving reasons for the suspension.However, sources have said the ...

By Staff reporter | Published: 16 February 2015

MINING & RETAIL

Meikles workers to control trust

MEIKLES workers say they are being sidelined in the Employee Share Ownership Trust but the company says the workers will this year take over the scheme following the lapse of the two-year period for t...

By Staff reporter | Published: 21 July 2014

MINING & RETAIL

Meikles postpones platinum mining plans

Meikles Centar Mining has shelved plans to venture into platinum mining following the withdrawal of a prospective investor who had shown interest in the venture, a company official said.The mining com...

By Staff reporter | Published: 07 July 2014

MINING & RETAIL

Meikles eyes Matabeleland gold mines

MEIKLES Limited, a leading retail and hotel group, is in the process of acquiring a 51% shareholding in a group of gold mines in the Matabeleland area valued at $3 million, an official has said.Accord...

By Staff reporter | Published: 03 July 2014

MINING & RETAIL

Meikles posts $37m profit

ZSE listed diversified group, Meikles Limited posted an after tax profit of $37,1 million for the full year to March 2014 from $6,5 million the prior year largely due to a huge jump in non-trading inc...

By Staff reporter | Published: 02 July 2014

MINING & RETAIL

TM loses Avondale branch premises

Retailer, TM Supermarket lost its bid to retain the Avondale branch premises, which it operated from for more than four decades after the Supreme Court threw out its appeal in a dispute with the landl...

By Staff reporter | Published: 24 June 2014

INDUSTRIALS & ENERGY

Meikles in major shake up

Meikles has fired one of its directors and senior manager for TM Supermarkets, Mr Bisset Chimhini, in a management shake-up that is expected to claim the scalps of two or even more directors, The Hera...

By Staff reporter | Published: 24 June 2014

TRANSPORT & TOURISM

Meikles named amongst 10 best luxury hotels

Meikles Hotel continues to garner top honours for its 5-satr Harare based property, most recently being named among the coveted 10 Best Luxury Hotels in Africa from luxury travel leaders Amerikanki. T...

By Staff reporter | Published: 27 May 2014
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