Trade Directory of Zimbabwe Published in 1992
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Ecobank Group Annual Report 2018 Building
BUILDING AFRICA’S FINANCIAL FUTURE ECOBANK GROUP ANNUAL REPORT 2018 BUILDING AFRICA’S FINANCIAL FUTURE ECOBANK GROUP ANNUAL REPORT 2018 ECOBANK GROUP ANNUAL REPORT CONTENTS 05 Performance Highlights 08 Ecobank is the leading Pan-African Banking Institution 09 Business Segments 10 Our Pan-African Footprint 15 Board and Management Reports 16 Group Chairman’s Statement 22 Group Chief Executive’s Review 32 Consumer Bank 36 Commercial Bank 40 Corporate and Investment Bank 45 Corporate Governance 46 Board of Directors 48 Directors’ Biographies 53 Directors’ Report 56 Group Executive Committee 58 Corporate Governance Report 78 Sustainability Report 94 People Report 101 Risk Management 141 Business and Financial Review 163 Financial Statements 164 Statement of Directors’ Responsibilities 165 Auditors’ Report 173 Consolidated Financial Statements 178 Notes to Consolidated Financial Statements 298 Five-year Summary Financials 299 Parent Company’s Financial Statements 305 Corporate Information 3 ECOBANK GROUP ANNUAL REPORT 3 PERFORMANCE HIGHLIGHTS 5 ECOBANK GROUP ANNUAL REPORT PERFORMANCE HIGHLIGHTS For the year ended 31 December (in millions of US dollars, except per share and ratio data) 2018 2017 Selected income statement data Operating income (net revenue) 1,825 1,831 Operating expenses 1,123 1,132 Operating profit before impairment losses & taxation 702 700 Impairment losses on financial assets 264 411 Profit before tax 436 288 Profit for the year 329 229 Profit attributable to ETI shareholders 262 179 Profit attributable per share ($): Basic -
Dairibord Holdings Limited (DHL) in Zimbabwe
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Nottingham Trent Institutional Repository (IRep) A matter of entrepreneurial decisions: Dairibord Holdings Limited (DHL) in Zimbabwe Abstract Synopsis: The case study focussed on the dairy sector in the southern African country of Zimbabwe. It offered an analysis of the management and business development approaches DHL employed in the country’s dairy sector. The narrative detailed how DHL’s commercial performance progressively declined overtime. Several factors including; operational inefficiencies, intensive competition, political, socio-economic issues, and natural disasters were attributable to its decline. To mitigate DHL’s business development challenges, Antony and his top management’s reprised “restructure, expand and diversify” strategy only achieved inconsistent commercial results. The scale and size of these results unequivocally necessitated radical entrepreneurial methods to turnaround its fortunes. It was indeed a matter of entrepreneurial decisions! Methodology: The case study utilized secondary analysis as its main strategy for generating relevant data. The rationale for adopting the principles of secondary analysis was to take advantage of quality archived data, public and readily available information concerning DHL’s commercial performance. Setting up to undertake secondary analysis for the purpose of DHL’s narrative was less-expensive, and it was less time consuming when compared to structured interviews and self- administered questionnaires. Hence, it was deemed appropriate for producing a narrative on a company whose archived financial reports and publicly available research information were accessible. Relevant course levels: DHL’s narrative is relevant for students studying entrepreneurship, business management and international business at postgraduate and undergraduate levels. -
Notice SI 128A of 1997 the Zimbabwe Export Processing Zones
Export Processing Zones (Declaration of Export Processing Zones) Notice SI 128A of 1997 The Zimbabwe Export Processing Zones Authority hereby, in terms of section 20 of the Export Processing Zones Act [Chapter 14:07], and after consultation with the Minister responsible for Industry and Commerce and the Minister responsible for Finance makes the following notice:- 1. This notice may be cited as the Export Processing Zones (Declaration of Export Processing Zones). 2. The areas and premises of the companies specified in the first column of the Schedule are declared by the Authority to be export processing zones to the extent defined in the second column.. Schedule 2 (Section 2) EXPORT PROCESSING ZONES S.I. No Notice, Date, Name of Companies, areas or premises, and Definition of premises 128A/97,1,06.06.97,Ollabery Investments (Pvt) Ltd, Lot 5, Arlington Estate, Harare, measuring 110 hectares; 128A/97,1, 06.06.97, IDC Ventersburg Estate, The remaining estate of Ventersburg Estate, Harare, measuring 304,67 acres; 128A/97,1, 06.06.97, Manyame Development Corporation, An area measuring 220 hectares west of Harare International Airport ; 128A/97,1, 06.06.97, Unsburn Enterprises (Pvt) Ltd Stand Nos. 5748-5806, Mutare Township, Raheen Industrial Park; 128A/97,1,06.06.97, Shagelok Chemicals (Pvt) Ltd Stand NO. 2540, Owl Mine Road, Kadoma, measuring 1,6 hectares; 128A/97,1, 06.06.97, Fresca Holdings (Pv t) Ltd, Lot 5A, Cotbank, Shamwari Road, Stapleford, measuring 9300 square metres; 128A/97,1, 06.06.97, Wayfield Investments (Pvt) Ltd, Stand Nos. 229 and 230, Galloway Road, Industrial Sites, Norton, measuring 3,910 8 hectares 128A/97,1, 06.06.97, JPS World of Lighting Willowvale Industrial Centre, Units 10, 11 and 12, corner Gleneagles and Bagenham Road, Harare, measuring 1 400 square metres 128A/97,1, 06.06.97, Kanyururahove Trading (Pvt) Ltd, Golden Vale Farm in Chinhoyi, measuring 1 010 square metres 128A/97,1, 06.06.97, Zip Plastic Bags (Pvt) Ltd, Stand No. -
Nyabira-Mazowe War Veterans' Association: a Microcosm of the National Land Occupation Movement
4 Nyabira-Mazowe War Veterans’ Association: A Microcosm of the National Land Occupation Movement Louis Masuko Introduction Land reforms have taken shape in many countries of the world, across all continents and at different stages of their respective development. In Zimbabwe, the Fast Track Land Reform Programme (FTLRP), an outcome of invasions and subsequent occupations of Large Scale Commercial Farms (LSCF), shook the Zimbabwean and Western aristocrats’ establishment in 2000 and has been characterised as the ‘first radical shift in agrarian property rights in the post Cold War world’ (Moyo and Yeros 2005). The FTLRP radically changed, not only the unequal and inequitable land distribution in Zimbabwe, but insecurity of land tenure and unsustainable and suboptimal land use as well. It ended the hegemony of the minority whites on land and in the agriculture sector (Masuko 2004), empowered the landless black majority and set a solid pathway for solving the long standing land question in Zimbabwe. Opinion surrounding the causes of Zimbabwe’s land reform, the forces behind it, its timing, its outcome and its legitimacy differs, largely along lines of the diverse interests of the different contenders and/or their ideological inclinations. The overall controversy on the route taken by Zimbabwe’s land reform is whether it was indeed a part of a broader development strategy to propel the country to a sustainable social and economic growth path LLandand aandnd AAgrariangrarian RReformeform iinn FFormerormer SSettlerettler CColonialolonial ZZimbabwe.inddimbabwe.indd 112323 228/03/20138/03/2013 112:44:452:44:45 124 Land and Agrarian Reform in Zimbabwe: Beyond White-Settler Capitalism (see Chambati and Moyo 2007), or meant to serve immediate political ends. -
CBU4201200706 Strategic Marketing Management II.Pdf
NATIONAL UNIVERSITY OF SCIENCE AND TECHNOLOGY FACULTY OF COMMERCE DEPARTMENT OF BUSINESS MANAGEMENT STRATEGIC MARKETING MANAGEMENT II – CBU 4201 FINAL EXAMINATION - JUNE 2007 TIME ALLOWED 3 HOURS INSTRUCTIONS TO CANDIDATES • Answer Section A and any three others. SECTION A Dairiboard Zimbabwe Limited Dairibord Zimbabwe Limited (DZL) is a former state owned company privatized and listed on the stock exchange in July 1994. The company leads the Zimbabwean market in the milk processing and marketing business. However, currently, viability is threatened by ongoing agrarians reforms. Consequently, raw milk supplies have declined. Dairibord, now a holding company of three subsidiaries, (namely Dairibord Zimbabwe, Dairibord Malawi and NFB logistics), is faced with the dilemma of maintaining profitability in the face of economic hardships. The company’s mission is, “to be the most sought after provider of world class quality dairy delights; ingredients and beverages”. Its vision is, “to be the best and most successful dairy company in Africa, commanding a position of sustainable growth driven by technological and market share leadership”. The company claims that customer satisfaction is the yardstick against which its performance in all spheres will be measured. Exceeding customer’s needs and expectations is a commitment shared by every person in the company. DZL is one of the largest manufacturing and marketing companies in Zimbabwe with seven factories in Harare, Chitungwiza, Bulawayo, Gweru, Kadoma, Mutare and Chipinge. The group produces an extensive range of dairy products, and beverages, which are marketed locally and abroad. Its turnover of approximately Z$4 billion has a complement of 1040 employees. The Operating Environment Although a difficult operating environment had been forecasted for the year 2000, the magnitude of woes that eventually beset the business climate turned out to be far beyond the most passionate forecasts. -
Zimbabwean Government Gazette
IS ZIMBABWEAN GOVERNMENT GAZETTE Published by Authority Vol. LXXII, No. 26 27th MAY, 1994 Price $3,00 General Notice 295 of 1994. F. F. Musanhi. 0/842/93. Permit: 26607. Motor-omnibus. Passenger-capacity: ROAD MOTOR TRANSPORTATION ACT [CHAPTER 262] 76. Applications in Connexion with Road Service Permits Route: Harare - Shamva Turn-off - Mumurwi - Shamva - Madziva Mines - Mukwari School - Mugazi School - Gatu School - IN terms of subsection (4) of section 7 of the Road Motor Zvomanyanga - Chandunduma - MadzivaTownship - Mt. Darwin Transportation Act [Chapter 262], notice is hereby given that the - Dotito - Maore - Chigango - Nyakatondo - Nyakatondo Town applications detailed in the Schedule, for the issue or amendment of ship - Mukumbura Border Post. m road service permits, have been received for the consideration of the By: Deletion of the route and susbstitution of Harare - Mazowe - I Controller of Road Motor Transportation. Glendale - Bindura - Madziwa - Mt. Darwin - Dotito - Maore - K Any person wishing to object to any such application must lodge Nyakatondo - Mukumbura Border Post. with the Controller of Road Motor Transportation, P.O. Box CY 1331, Causeway— ' The service operates as follows— I (a) depart Mukumbura Border Post Monday, Wednesday and (a) a notice, in writing, of his intention to object, so as to reach Friday 5 a.m., arrive Harare 10.25 a.ra.; the Controller’s office not later than the 17th June, 1994; I (b) depart Mt. Darwin Saturday 7.12 a.m., arrive Harare (b) his objection and the grounds therefor, on form R.M.T. 24, 10.52 a.m.; together with two copies thereof, so as to reach the Controller's (c) depart Harare Tuesday and Thursday 8 a.m., arrive office not later than the 8th July, 1994. -
To Open Dairibord Annual Report 2015
Content Scope of this Report Overview We are pleased to present the annual report for Dairibord Corporate Profile 3 Holdings Limited, a company listed on Zimbabwe Stock Vision, Mission & Values 4 Exchange (ZSE) which include Dairibord Zimbabwe (Private) Group Structure 5 Limited, Martindale (Trading Private) Limited t/a Lyons, Dairibord Malawi Limited, Kutal Investments (Private) Limited and NFB Group Brands & Markets 6 Logistics (Private) Limited for the year ended 31 December Our Business Model 7 2015. Group Financial Highlights 10 This report is targeted at a broad range of our stakeholders with the aim of presenting a balanced review of material issues Governance, Ethics & Engagements from our operations. The report includes our operations in Zimbabwe and Malawi. Chairman’s Statement 11 Group Chief Executive’s Review of Operations 14 This report is prepared using Global Reporting Initiatives (GRI Corporate Governance & Ethics 19 – G4 Core) Guidelines in measuring our progress towards sustainability. This report is our fourth sustainability report. The Daribord Holding Limited Management 21 previous report was prepared meeting GRI G3.1. Application Sustainability Strategy & Governance 23 Level-C reporting requirements. Risk Management. 25 Our sustainability reporting is integrated with our financial Material Issues and Report Boundary 27 reports. Our financial statements are audited by Ernst & Young Stakeholder Engagement 28 Chartered Accountants (Zimbabwe). An independent auditors’ report on the financial statements contained in this -
Accolades Dairibord Holdings Limited 2016 Annual Report
Accolades Dairibord Holdings Limited 2016 Annual Report Scope of our Report Content We are pleased to present the annual report for Dairibord Holdings OVERVIEW Limited, a company listed on the Zimbabwe Stock Exchange (ZSE) which include Dairibord Zimbabwe (Private) Limited, Dairibord Malawi Limited Corporate Profile 3 and four property companies namely Slimline Investments (Private) Vision, Mission & Values 4 Limited, Goldblum (Private) Limited, Chatmos (Private) Limited and Group Structure 5 Qualinex (Private) Limited for the year ended 31 December 2016. Group Brands & Markets 6 This report is targeted at a broad range of our stakeholders with the aim Our Business Model 7 of presenting a balanced review of material issues from our operations. Group Financial Highlights 10 The report includes our operations in Zimbabwe and Malawi. Reporting Framework GOVERNANCE, ETHICS & ENGAGEMENTS This report is prepared using Global Reporting Initiatives (GRI) Chairman’s Statement 11 Sustainability Reporting Guidelines in measuring our progress towards sustainability. This report is our first sustainability report prepared Group Chief Executive’s Statement 14 meeting GRI G4 Sustainability Reporting Guidelines (Core). The previous Corporate Governance & Ethics 18 report applied GRI G3.1 application Level-C reporting requirements. Dairibord Holdings Limited Board and Management 20 Our sustainability reporting is integrated with our financial statements Sustainability Strategy 21 prepared in accordance with International Financial Reporting Standards Risk Management 23 (IFRS). Our financial statements are audited by Ernst & Young Chartered Material Issues and Report Boundary 25 Accountants (Zimbabwe). An independent auditors’ report on the financial statements contained in this report appears on page 36 of Stakeholder Engagement 26 our annual report. -
Annual Report
Dairibord Holdings Limited | 2017 Annual Report 2017 Dairibord Holdings Limited 1225 Rekayi Tangwena Avenue, Belvedere, Harare Annual Report P O Box 587, Harare , Zimbabwe Telephone : + 263 4 790801-5, 779035-45 www.dairibord.com Accolades and Associations 2017 MARKETERS ASSOCIATION OF ZIMBABWE (MAZ) - SUPER BRAND AWARDS Business Associations Membership: 1. FMCG Dairy Sector - 2nd Runner up, Dairibord Lacto 1. Confederation of Zimbabwe Industries (CZI) 2. FMCG Dairy Sector - Winner, Dairibord Chimombe 2. Institute of Directors Zimbabwe (IoDZ) 3. FMCG Non Alcoholic Brew Sector – Winner, Pfuko 3. Zimbabwe Business Council on Wellness 4. FMCG Non-Alcoholic Cordials Sector - 1st runner up, Lyons Quench 4. Marketers Association of Zimbabwe 5. Hot Beverages Sector - 1st runner up, Quick Brew 5. Buy Zimbabwe 6. FMCG Non Alcoholic Beverages Sector - 2nd Runner up, Cascade 6. Zimbabwe Dairy Industry Trust (ZDIT) 7. Zimbabwe Dairy Processors Association (ZDPA) Dairibord Holdings Limited 2017 Annual Report Scope of our Report Content We are pleased to present the annual report for Dairibord Holdings OVERVIEW Limited, a company listed on the Zimbabwe Stock Exchange (ZSE) which include Dairibord Zimbabwe (Private) Limited, Dairibord Malawi Limited Corporate Profile and History 3 and four property companies namely Slimline Investments (Private) Vision, Mission & Values 4 Limited, Goldblum Investments (Private) Limited, Chatmos Enterprises Group Structure 5 (Private) Limited and Qualinnex (Private) Limited for the year ended 31 December 2017. Group Brands & Markets 6 Our Business Model 7 This report is targeted at a broad range of our stakeholders with the aim of presenting a balanced review of material issues from our operations. Group Performance Summary 11 The report includes our operations in Zimbabwe and Malawi. -
Ÿþm I C R O S O F T W O R
,r US FIGHT AND ,r US FIGHT AND EBUILD ZIMBABWE babwe News Organ of ZANU(PF) nformation and Publicity, 14 Austin Road, Workington. Harare 7s t 8, August, 1989, Registered at the G.P.O. as a Newjp*VQ 7 (incl. sales tax) 4-*x .,x ,x 6N,,qq [A:ND ND Leyland (Zimbabwe) Limited Suppliers of Comet Trucks, and Service Parts Leyland (Zimbabwe) Limited Watts Road Southerton Phone: 67861 Telex: 26387 ZW Remembering Our Heroes There is every reason for Zimbabweans to come together as a nation in commemoration of our national heroes who after the colonialist had refused to give independence to the black majority through peaceful means sacrificed their beloved lives with one objective to liberate our mother country. page 5 Dzivaresekwa - ZANU (PF) Marches on Undeterred once again the people of Zimbabwe have demonstrated their unflinching support for peace, stability and national unity by voting ZANU (PF) in the Dzivaresekwa byelection. A million thanks to all our sup.ers in this constituency who sent the emy-inspired Zoom, or is it G!oom, Dm or ZUM, whatever it is, shying out the Italian Club (where the votes were onted) into gloom and doom. page 13 uth and Students, joneers of the Times eased at seeing the 13th World of Youth and Students having en in Pyongyang in a grand man, on behalf of all the Korean peo. ?nd hearty congratulations to the es of the young people and stu*.page 43 iommed Performs r-Raising Miracles esh born "Magic King", Ma:1 Sarwar Sobhan has made a big magic and has become the most 'super star' in the magic world. -
Dairibord Holdings Limited Fundamental Company Report
+44 20 8123 2220 [email protected] Dairibord Holdings Limited Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis https://marketpublishers.com/r/DRRVHB4Q4OEN.html Date: September 2021 Pages: 50 Price: US$ 499.00 (Single User License) ID: DRRVHB4Q4OEN Abstracts Dairibord Holdings Limited Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Dairibord Holdings Limited and its competitors. This provides our Clients with a clear understanding of Dairibord Holdings Limited position in the Food Processing Industry. The report contains detailed information about Dairibord Holdings Limited that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history. Another part of the report is a SWOT-analysis carried out for Dairibord Holdings Limited. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it. The Dairibord Holdings Limited financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and Dairibord Holdings Limited Fundamental Company Report Including Financial, SWOT, Competitors and Industry Anal.. -
A Little Creative with the Broadcast History of Zimbabwe: a Metaphilosophical Approach
American Scientific Research Journal for Engineering, Technology, and Sciences (ASRJETS) ISSN (Print) 2313-4410, ISSN (Online) 2313-4402 © Global Society of Scientific Research and Researchers http://asrjetsjournal.org/ A Little Creative with the Broadcast History of Zimbabwe: A Metaphilosophical Approach Clever Chirumea, Ruth Elizabeth Teer-Tomasellib, Charmaine Munashe Chirumec* a159 Rainham Plots, Mount Hampden, Harare, Zimbabwe, ZW bUniversity of KwaZulu-Natal, Durban, South Africa cBJS Harare Zimbabwe aEmail: [email protected] bEmail: [email protected] Abstract A pervasive yet intriguing insight about the birth of broadcast in Zimbabwe is the story in which three engineers stumbled on broadcast through the use of a transmitter initially installed for meteorological purposes [1]. This was immediately followed in 1932, by the opening of broadcast stations in the then Salisbury (now Harare) and Bulawayo [2]. Drawing from the insights of Walter Mignolo in the article titled ‘Epistemic Disobedience,’ the current study sought to demystify the idea that broadcast in Zimbabwe as born in the 1930 as a lie that has been recycled for far too long. The current paper seeks to prove that the claim that broadcast in the country was born in the 30s is bereft of scientific reasoning and real meaning of broadcast. It is a claim premised on the bigotry of proverbial ‘Boer mentality.’ In the article ‘epistemic disobedience,’ Mignolo exposes the analytic limits of Eurocentrism as a hegemonic structure of knowledge and beliefs [3]. Operating within the structured prisms of Mignolo’s ideas, the current paper finds the assertion that broadcast in Zimbabwe was born in the 30s, a recycled lie bereft of scientific reasoning and the real meaning of broadcast.