Articles tagged 'cfi holdings'

CFI demolishes land barons' structures 13 September 2018 HARARE - CFI Holdings yesterday demolished illegal structures on its land after it had been invaded by losing Zanu PF Glen Norah council candidate Michael Mutandwa and two of his partners. When the Daily News crew arrived on the scene near  Glen View 7, scores of distressed residents watched i...
Losing Zanu PF candidate parcels out CFI land 21 August 2018 HARARE - Listed agro group CFI Holdings Limited (CFI)'s Harare South property has been seized by a Zanu PF apparatchik who is parcelling out the land illegally at $30 for 300 square metres. CFI Holding company secretary Panganayi Hare told the Daily News they have reported the invader— losing ...
ZSE further extends CFI suspension 20 August 2018 HARARE - The Zimbabwe Stock Exchange (ZSE) has indefinitely prolonged the suspension of agro-industrial group, CFI Holdings' shares from trading on the local bourse. CFI was suspended from trading in January, 2018, after the company failed to comply with listing requirements. Martin Matanda...
Suspended CFI remains defiant 10 May 2018 HARARE - CFI Holdings Limited says its board is compliant with the provisions of its articles of association and the Zimbabwe Stock Exchange (ZSE) must provide evidence showing that it has violated listing requirements in terms of directors. The ZSE suspended CFI in January for reasons that in...
ZSE extends CFI suspension 8 May 2018 HARARE - The Zimbabwe Stock Exchange (ZSE) has extended the suspension of CFI Holdings' shares from trading on the local bourse by additional 30 days to June 2, 2018. The move, aimed at giving  the agro-business group more time to comply with certain requirements of the listing rules, has ruin...
Rudland leaves CFI 13 December 2017 HARARE - Businessman Hamish Rudland has resigned from CFI Holdings (CFI)'s board ahead of a second extra-ordinary general meeting (EGM) called by Willoughby's Investments (Private) Limited (Willoughby's) in Harare today. This also comes as the Stalap Investments (Private) Limited (Stalap) repr...
Mamvura, Chawoneka exit CFI Holdings 8 December 2017 HARARE – One of Zimbabwe's top marketers, Douglas Mamvura and renowned banker Ephraim Chawoneka, have resigned from controversy-prone CFI Holdings Limited saying the environment at the Zimbabwe Stock Exchange (ZSE) listed concern was such that staying would have created needless reputational risk...
CFI Holdings saga in new twist 8 November 2017 HARARE - The battle to control diversified concern, CFI Holdings (CFI), has taken a new twist amid indications that Zimre Holdings (Zimre) is fighting to keep its directors on the struggling company's board. This was after CFI had agreed to hold an extraordinary general meeting — requisitioned...
Poultry producer in human bodies exhumation 25 September 2017 HARARE - Poultry producer, Crest Breeders International (Crest), has applied for the exhumation of human remains at its Harare South's Saturday Estates Retreat to pave way for the company's expansion. The company, which supplies day-old chicks hatching eggs, made a notice in Friday's governmen...
We notified ZSE: Van Hoog 1 August 2017 HARARE - British tycoon Nicholas Van Hoogstraten says his investment vehicle — Messina Investments — notified the Zimbabwe Stock Exchange (ZSE) of its intention to buy out CFI Holdings minorities despite claims by the regulator that due processes were not followed. As the battle for control at...
It's Game of Thrones at CFI 31 July 2017 HARARE - The battle for the throne at CFI Holdings (CFI) has escalated with market regulator — the Zimbabwe Stock Exchange (ZSE) — claiming it was unaware that British tycoon, Nicholas Van Hoogstraten's Messina Investments qualified to make a mandatory offer to the company's minorities. The bo...
ZSE lifts CFI suspension 29 May 2016 HARARE - The Zimbabwe Stock Exchange (ZSE) has lifted the suspension of CFI Holdings Limited after the diversified concern complied with listing rules. CFI, which owns businesses in real estate and agro-industrial, was early this year suspended from trading on the local bourse after it failed ...
$1m retrenchment worsens CFI losses 2 February 2015 HARARE - Listed agro group CFI Holdings Limited (CFI) says its losses widened in the year to September 2014 due to a $1 million retrenchment exercise at its depressed poultry unit. The group's operating loss from operations before depreciation and financial costs widened to $5,2 million during...