2/2 Current EWZL shareholders:
▶︎ EWZL will retain 70% of Econet InfraCo
▶︎ 30% of InfraCo shares to be distributed to EWZL shareholders
▶︎ Option of a cash buyout in lieu of VFEX shares
#Econet#ZSE#VFEX#Zimbabwe#Stocks
🚨1/2 Econet Wireless Zim shareholders to approve:
• EWZL to voluntarily delist from @ZSEHoldings_ZW
• New company, Econet InfraCo to hold real estate & infrastructure assets
• InfraCo to list on @VFEX_ZW
• Remaining EWZL (without hard assets) to operate privately
@ZimTreasury Secretary @GGuvamatanga directs @Zimra_11 to tighten screws on smugglers in line with the Customs Act
Smuggled goods will be forfeited together with the VEHICLE, SHIP, or AIRCRAFT used to transport them
DO NOT RISK YOUR VEHICLE: STOP SMUGGLING
#ZIMRA
IAL employees smile all the way to the bank
IAL declared a final dividend totalling USD 430 000 (2024: USD 365 000) to Innscor Africa Employee Share Trust.
This brings the total dividend in respect of the 2025 financial year to USD 830 000 (2024: USD 765 000)
Zim companies reel under @Zimra_11's additional assessments of Income Taxes, VAT, penalties & interest for the periods 2019 to 2021
ZIMRA insists @InnscorAfrica's divisions' amounts that had already been settled in Zim$ be paid exclusively in foreign
currency
Despite this, @InnscorAfrica recorded a blue chip performance in the year to June 2025, revenue up 19%, profit up 6%, declared a final dividend of 1.50 US cents per share (2024: 1.25 US cents per share) bringing the total dividend for the year to 2.95 US cents per share
This is a very good project & can only be achieved with the involvement of smallholder farmers particularly women and youths.
That partnership will achieve more
Gogo Guta, 81, host farmer at a wheat field, Samanyika area , Nyanga, urges young women to take up wheat farming, under @Taat_Africa, a flagship program of @AfDB_Group feed Africa strategy spearheaded by DRSS, Crop Breeding Institute
@MoLAFWRD_Zim@CGIAR#FoodSecurity
#Zimbabwe's target under TAAT II is to increase farmers’ access to improved wheat varieties, heat & drought tolerant, high yielding & disease resistant. We are expected to produce at least 150 Mt of Early Generation Seed 2025 - Director, Crops Research- Mr Washington Mubvekeri
Gogo Guta, 81, host farmer at a wheat field, Samanyika area , Nyanga, urges young women to take up wheat farming, under @Taat_Africa, a flagship program of @AfDB_Group feed Africa strategy spearheaded by DRSS, Crop Breeding Institute
@MoLAFWRD_Zim@CGIAR#FoodSecurity
At @MarichoMedia we're proud to associate with hardworking colleagues, passionate about storytelling, educating & saving lives
We're also proud to associate with @naczim who have supported & capacitated media over the years
Congrats Dorcas, @munyabless@deemachiri & others
𝟏𝟏 𝐃𝐀𝐘𝐒 𝐓𝐎 𝐆𝐎!!
Join us in welcoming Ms. Anelisa Matutu, one of the key speakers at the @aacx_official A-ACX Annual Conference in Victoria Falls, Zimbabwe, on March 26-27, 2025!
#AACX#Conference#Speakers#VicFalls#ZMX