The Zimbabwe Stock Exchange listed firm AICO Africa Lt has rebranded to Cottco Holdings Ltd with effect from today.The company said shareholders had approved the name change. "The Board of directors a...
By Staff reporter | Published: 03 March 2014
Details:- Shares before: 534 125 496- Shares added: 560 831 770- New shares in issue: 1 094 957 266- Effective date: 12 February 2014- Reason: Rights offer shares...
By AICO | Published: 12 February 2014
Zimbabwe Stock Exchange listed conglomerate, AICO Africa Limited's rights offer to raise $15 million was subscribed by 94,57 percent paving the way for the company to address its legacy debt and ultim...
By bh24 | Published: 28 January 2014
Aico Africa Limited Members are advised that a Rights Offer was made to the registered holders of ordinary shares in AICO Africa Limited as at 20 December 2013 to subscribe for 560,831,770 (five hundr...
By AICO | Published: 28 January 2014
This Abridged Circular is neither a prospectus nor an invitation to the public to subscribe for shares in AICO Africa Limited 'AICO' or 'the Company' or 'the Group', but is a document to inform the e...
By AICO | Published: 11 December 2013
Aico Africa Limited is set for a top management shake-up as part of ongoing unbundling, with the chief executive and finance director expected to be on their way out.Chief executive Mr Pat Devenish a...
By Staff reporter | Published: 02 December 2013
Financial Highlights:- Revenue: $ 50 913 000- Loss from operations: $ (17 095 000)- Loss before taxation: $ (28 172 000)- Loss for the period: $ (27 068 000)- Dividend: Nil- Total comprehensive loss f...
By AICO | Published: 29 November 2013
Notice is hereby given of an Extraordinary General Meeting of the Members of Aico Africa Limited, to be held in the Lecture Theatre at SAZ Building, No. 1 Northend Close, Northridge Park, Borrowdale, ...
By AICO | Published: 29 November 2013
AICO Africa Limited has written down $30,2 million from the value of two of its units to reflect the decrease in their carrying amounts after a poor financial performance in the interim period to 30 S...
By Staff reporter | Published: 28 November 2013
Aico Africa is facing foreclosure and possible sequestration of its 50% SeedCo stake for loan guarantees it pledged on behalf of its subsidiary companies. The group guaranteed loans advanced to the Co...
By Staff reporter | Published: 28 November 2013
THE unbundling of Zimbabwe Stock Exchange listed Aico Africa has begun with the group withdrawing directors it had seconded to the boards of its subsidiary companies. Aico group has a 100 percent sta...
By Business Reporter | Published: 26 November 2013
AICO Africa Ltd could receive $48 million for the sale of its 20 percent shareholding in SeedCo to a United Kingdom based seed company Limagrain, a premium of more than 48 percent of the seed firm's ...
By Business reporter | Published: 01 October 2013
Further to a cautionary published on 2 September 2013, shareholders are advised that the Directors of Aico Africa Limited are contemplating a series of transactions to enhance shareholder value.The Di...
By AICO | Published: 26 September 2013
ZSE-listed agricultural concern Aico Africa Limited has suspended contracting soya bean farmers after the company lost more than $1 million through side marketing, a company official has said.In...
By Staff reporter | Published: 19 September 2013
ZSE- Listed agro-industrial conglomerate, AICO Africa Limited is to complete the disposal of a 20 percent shareholding in Seed Co to a United Kingdom seed company, Limagrain, by the end of November.Th...
By Staff reporter | Published: 12 September 2013
Further to a cautionary published on 8 August 2013, shareholders are advised that the Directors of AICO Africa Limited are contemplating a series of transactions to enhance shareholder value.The Direc...
By AICO | Published: 02 September 2013
The Directors of AICO Africa Limited would like to advise the Company's Shareholders that the cotton buying season is coming to an end and it is apparent that the level of cotton production this year ...
By AICO | Published: 02 September 2013
Shareholders are advised that the level of production in cotton this year was much lower than prior years consequently the company will post a loss for the year to 31 March 2014 that is substantially...
By Staff reporter | Published: 02 September 2013
AICO | Further Cautionary StatementRENEWAL OF CAUTIONARY STATEMENTFurther to a cautionary published on 17 July 2013, shareholders are advised that the Directors of yourCompany are contemplating a seri...
By AICO | Published: 08 August 2013
AICO | Notice of Annual General MeetingNotice is hereby given that the 5th Annual General Meeting of the members of AICO Africa Limited will be held at the Cottco Pavilion, Harare Exhibition Centre, Z...
By AICO | Published: 08 August 2013
RENEWAL OF CAUTIONARY STATEMENTFurther to a cautionary published on 26 June 2013, shareholders are advised that the Directors of yourCompany are contemplating a series of transactions to enhance share...
By AICO | Published: 22 July 2013
ZIMBABWE Stock Exchange-listed agri-industrial firm Aico Africa Ltd is set to dispose of a 20 percent shareholding in Seed Co to a United Kingdom seed company, Limagrain, sources familiar with the mat...
By Business Reporter | Published: 19 July 2013
AICO | Audited results for FY ended 31 Mar 13Financial Highlights:- Revenue: $ 263 922 000- Profit from operations: $ 24 183 000- Loss before taxation: $ (537 000)- Loss after tax from continuing oper...
By AICO | Published: 03 July 2013
AICO | Cautionary StatementFurther to a cautionary published on 5 June 2013, shareholders are advised that the Directors of your Company are contemplating a series of transactions to enhance sharehold...
By AICO | Published: 03 July 2013
AICO reported a depressed set of financials negatively impacted by the lower seed sales volumes, lower lint prices, impairments as well as high finance costs. Although sales volumes grew 18% to 213,72...
By Business reporter | Published: 01 July 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
