LANDS & AGRICULTURE

Zimplow revenue grows by 86%

LISTED manufacturer and distributor of farming implements, Zimplow, says its revenue grew by 86% to $29,8 million in the first five months of 2019, driven by an improvement in volumes across the group...

By Staff reporter | Published: 14 June 2019

INDUSTRIALS & ENERGY

Zimplow appoints new CEO

DIVERSIFIED manufacturer, Zimplow Holdings Limited, has appointed Mr Vimbayi Nyakudya as the new group chief executive officer replacing Mr Mark Hulett. In a statement yesterday the company advised sh...

By Staff reporter | Published: 01 January 2019

INDUSTRIALS & ENERGY

Zimplow hits first profit in six years

AGRO-industrial group Zimplow last week reported a profit after tax of $3,4 million for the year ending December 31, 2017, its first since 2011.This was a huge swing from last year's loss of $2,5 mill...

By Staff reporter | Published: 01 March 2018

'Accumulate Zimplow,' says Imara Stockbrokers

Zimplow Holdings Limited released an improved set of numbers showing revenue growth of 77% to $14.7 million for an operating profit of $0.2 million compared to a loss of $1.3 million in the first half...

By Ngoni Shenjere | Published: 20 July 2017

INDUSTRIALS & ENERGY

Zimplow to dispose more non-core assets

Zimbabwe Stock Exchange-listed agro-industrial concern, Zimplow, is set to dispose more non-core assets in the coming year as the group seeks to restructure debts and focus on its primary business.Gro...

By Staff reporter | Published: 07 June 2015

INDUSTRIALS & ENERGY

Mauritius firm snaps up 59,4% Zimplow stake

Mauritius-based Sino Properties (Proprietary) Limited (Sino Properties), is now the majority shareholder in Zimplow after snapping up a 59,4 percent stake in the agro-industrial concern.Sino Propertie...

By Staff reporter | Published: 07 June 2015

INDUSTRIALS & ENERGY

Zimplow at advanced stage of disposing non-core assets

Zimplow Holdings Limited is at an advanced stage of disposing some of its non-core assets in order to reduce its current borrowings, group CEO Zondi Kumwenda told an AGM earlier today."It remains the ...

By Staff reporter | Published: 05 May 2014

LANDS & AGRICULTURE

Barzem, CT Bolts weigh down Zimplow

Zimplow Holdings' performance in the quarter to March 2014 was mixed with profitability negatively affected by the downturn in its units, Barzem and CT Bolts.Speaking at the company's Annual General M...

By Staff reporter | Published: 05 May 2014

INDUSTRIALS & ENERGY

Zimplow seeks to consolidate share capital

ZIMPLOW intends to consolidate its share capital by which every four existing ordinary shares of $0,0001 each will be consolidated into one new ordinary share of $0,0004. The proposed share consolidat...

By Staff reporter | Published: 08 April 2014

ZSE TODAY

Zimplow block deal boosts ZSE daily outturn

A book over of 86.40 million Zimplow Holdings shares at 2.5c buoyed ZSE's daily outturn during Friday's hushed trading session that saw shares rebounding from losses recorded in the week.There was not...

By Staff reporter | Published: 07 March 2014

LANDS & AGRICULTURE

Zimplow pleased with restructuring

Zimplow CE Zondi Kumwenda told an analysts briefing today that they are pleased by the group's structure which emerged after the restructuring last year and they are "now focused on the businesses the...

By zfn | Published: 05 March 2014

FINANCIAL SERVICES

Tetrad loses Zimplow shares to creditor

A TOTAL 4,5 percent Zimplow Holdings shares were offloaded yesterday on the Zimbabwe Stock Exchange after an investor foreclosed on a debt owed by Tetrad Holdings, the Herald reported.During trades o...

By Staff reporter | Published: 05 December 2013

FINANCIAL SERVICES

Tetrad to offload Zimplow stake?

Tetrad Holdings Limited intends to dispose of its 27 percent stake in agriculture and mining implements company Zimplow Holdings to raise capital for its banking division, Tetrad Investment Bank.The ...

By Staff reporter | Published: 02 December 2013

LANDS & AGRICULTURE

Zimplow dispose Tassburg to management team

Zimplow Holdings today announced the disposal of 100% of its shareholding in Bulawayo Steel Products (Private) Limited trading as Tassburg, effective 1 November 2013 to members of the management team...

By Staff reporter | Published: 07 November 2013

ANNOUNCEMENTS

ZIMW | Announcement to Shareholders

The Directors of Zimplow Holdings Limited are pleased to announce the disposal of 100% of its shareholding in Bulawayo Steel Products (Private) Limited trading as Tassburg, effective 1 November 2013 t...

By Zimplow | Published: 07 November 2013

LANDS & AGRICULTURE

Zimplow secures $5m

Zimplow Limited will tomorrow seal a $5 million line of credit from Brazil in what is expected to boost volumes at the group's tractor manufacturing division.Group chief executive Mr Zondo Kumwenda sa...

By Business reporter | Published: 24 September 2013

LANDS & AGRICULTURE

Zimplow faces debt collection challenges

Zimplow Holdings Limited Group Chief Executive Officer, Zondi Kumwenda, told an analyst briefing yesterday that Zimplow is experiencing hardships in debt collection and the bulk of their debtors are s...

By Business reporter | Published: 05 September 2013

LANDS & AGRICULTURE

Zimplow bullish about Government

ZIMPLOW Limited is confident the new Government will adopt economic policies that favour agriculture, mining and infrastructure in what should positively impact its business.Group chief executive Mr Z...

By Business reporter | Published: 04 September 2013

ANNOUNCEMENTS

ZIMPLOW | Announcement to Shareholders

ANNOUNCEMENT TO SHAREHOLDERSThe Directors of Zimplow Holdings Limited are pleased to announce the disposal of Puzey & Payne Limited, effective 1 st June 2013, to its management, who are supported ...

By Staff reporter | Published: 22 July 2013

LANDS & AGRICULTURE

Zimplow to achieve operating profit or break-even by half year

Zimplow Holdings will probably achieve an operating profit or at least break-even for the half year, CEO Zondi Kumwenda told the AGM last Thursday. "There will be discontinued operations within...

By Business reporter | Published: 10 June 2013

ZSE TODAY

ZSE shares stutter at week's opening as Zimplow new shares commence trading

ZSE shares faltered in Monday morning trades as Zimplow Holdings new shares commenced trading on the ZSE.Zimplow Holdings shares added 1c to 4.5c on a volume of 1 136 353 shares. This follows the is...

By Business reporter | Published: 10 June 2013

ZIMBABWE

Zimplow's new shares commence trading on the ZSE

Zimplow Holdings new shares commenced trading on the ZSE this morning with about 1.136 million shares changing hands at 4.5c, a premium of 28.57% on the last trading price of 3.5c. Finance min...

By Business reporter | Published: 10 June 2013

LANDS & AGRICULTURE

Zimplow targets $100 million turnover by 2015

Zimplow Holdings Limited is targeting $100 million turnover by 2015 amid negotiations by the group with some financiers to provide tractors and other implements on an asset based finance scheme, gr...

By Business reporter | Published: 10 June 2013

LANDS & AGRICULTURE

Zimplow expecting lower profits

THE Zimbabwe Stock Exchange-listed Zimplow has issued a profit warning advising that its results for the year ending 31 December 2012 would be lower than those achieved the previous year. Company se...

By Business reporter | Published: 10 June 2013
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