Van Hoog seizes control of CFI

British tycoon Nicholas Van Hoogstraten seems to have won the battle for the control of CFI Holdings after coming to the rescue of Shingirayi Chibhanguza this week with 52% of the group's shareholders...

By Staff reporter | Published: 15 December 2017


Rudland leaves CFI

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 Ha...

By Staff reporter | Published: 13 December 2017


CFI market update

CFI Holdings Limited issued the following Market Update:"An Extra Ordinary General meeting was set to take place on the 6th of December 2017 in the Mirabelle Room, Meikles Hotel in terms of a duly cir...

By cfi | Published: 08 December 2017


CFI Holdings Limited issued the following Market Update:"An Extra Ordinary General meeting was set to take place on the 6th of December 2017 in the Mirabelle Room, Meikles Hotel in terms of a duly cir...

By CFI | Published: 08 December 2017


Ex-CFI directors threaten legal action

Two former non-executive directors of CFI Holdings have said they reserve the right to sue for defamatory allegations, following their exit from the group on Tuesday. Ephraim Chawoneka and Douglas Mam...

By Staff reporter | Published: 08 December 2017


Another executive quits strife-torn CFI

There has not been peace at CFI for a long time with prolonged misunderstandings between Stalap and Nicholas van Hoogstraten's Willoughby's InvestmentsThere has not been peace at CFI for a long time w...

By Staff reporter | Published: 07 December 2017


Duo quits CFI ahead of EGM

TWO CFI Holdings directors, Douglas Mamvura and Ephraim Chawoneka, quit the board on Tuesday ahead of yesterday's extraordinary general meeting (EGM) of shareholders, which was supposed to oust them.T...

By Staff reporter | Published: 07 December 2017

ANNOUNCEMENTS | Resignation of Board Chairman

The Board of Directors of CFI Holdings Limited announced the resignation of Dr Grace Muradzikwa from the CFI Board with effect from the 6th of November 2017… ...

By CFI | Published: 29 November 2017

ANNOUNCEMENTS | Notice of Extraordinary General Meeting

NOTICE is hereby given that an Extra Ordinary General Meeting (EGM) of the Company will be held at the Meikles Hotel on Wednesday the 6th of December 2017 at 1100 hours… ...

By CFI | Published: 29 November 2017


ZSE moves in on CFI chaos

THE Zimbabwe Stock Exchange (ZSE) has engaged Willoughby's Investments (Pvt) Limited for further clarification after the company issued a notice calling for an extraordinary general meeting (EMG) of C...

By Staff reporter | Published: 18 October 2017


Van Hoog in potentially explosive EGM

Agri-industrial concern CFI Holdings will next month hold an extraordinary general meeting (EGM) to vote against the disposal table the alleged fraudulent disposal of the Langford Estates land, which ...

By Staff reporter | Published: 17 October 2017


CFI secures $10m for rehab

CFI Holdings' divisions, Agrifoods and Victoria Foods, may soon resume production after judicial manager Mr Reggie Saruchera secured $10 million from a local bank for plant rehabilitation and working ...

By Staff reporter | Published: 19 September 2017


Tycoon forges ahead with aggressive CFI buys

BRITISH investor, Nicholas van Hoogstraten, said his investment vehicle, Messina Investments (Messina), has been buying from CFI Holdings (CFI) minorities rival since bidder Stalap Investments' offer ...

By Staff reporter | Published: 24 August 2017


ZSE investigates toxic CFI deal

THE Zimbabwe Stock Exchange (ZSE) is investigating conglomerate CFI Holdings following several trades that resulted in significant share price movements amid concerns that one of the majority sharehol...

By Staff reporter | Published: 11 August 2017

ANNOUNCEMENTS | Results of Stalap's Mandatory Offer

The Mandatory Offer to minority shareholders of CFI Holdings Limited ("CFI") by Stalap Investments (Private) Limited ("Stalap") which was announced on 13 July 2017, opened on 17 July 2017 and closed o...

By CFI | Published: 10 August 2017


'We notified ZSE,' says Van Hoog

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 clai...

By Staff reporter | Published: 01 August 2017


It's Game of Thrones at CFI

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 Messin...

By Staff reporter | Published: 31 July 2017



On 27 July 2017 Messina Investments Limited ("Messina"), a major shareholder in CFI Holdings Limited ("CFI") published a notice in the press asserting that they and their associates and supporters own...

By zse | Published: 28 July 2017


Share price row rocks CFI group

The sale of a parcel of CFI Holdings shares valued at US$1,5 million to British business tycoon Nicholas Van Hoogstraten last Thursday is now caught in controversy amid allegations the trade was betwe...

By Staff reporter | Published: 28 July 2017


Tycoons in nasty CFI control battle

When Zimre Holdings Ltd (ZHL)'s Stalap Investments announced its offer to buy out CFI minorities last Friday, an all-out war between British tycoon Nicholas Van Hoogstraten and the Rudland brothers - ...

By Staff reporter | Published: 21 July 2017


CFI boss at the centre of cash scandal

An internal audit centred on whether CFI Holdings deputy chief executive Shingirayi Chibhanguza, who represents the interest of Nicholas Van Hoogstraten in the group, could have misused US$200 000 in ...

By Staff reporter | Published: 15 July 2017


ZimRe to the rescue as CFI bleeds

The company is completely de-capitalised. Every unit has a working capital deficit. This is clear from the financials. This, in my view, clearly shows he doesn't know how to run a business of this mag...

By Staff reporter | Published: 14 July 2017

ANNOUNCEMENTS | Mandatory Offer Circular to Shareholders

CFI Holdings Limited published an abridged circular to shareholders relating to a mandatory offer by Stalap Investments (Pvt) Limited, in terms of Section 9 of the Zimbabwe Stock Exchange Listings Re...

By CFI | Published: 13 July 2017


ZSE clears Stalap to offer for CFI shares

THE Zimbabwe Stock Exchange (ZSE) listing committee has allowed Zimre Holdings Ltd's investment vehicle, Stalap Investments to make a mandatory offer to CFI Holdings Limited minority shareholders.This...

By Staff reporter | Published: 13 July 2017

ANNOUNCEMENTS | Board Appointments

CFI Holdings Limited announces the appointment of Mr Ephraim Chawoneka and Dr Douglas Mamvura as non-executive directors of the board with effect from 31 March 2017 and 17 May 2017 respectively. ...

By A | Published: 05 July 2017

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