BUSINESS NEWS

CFI blow for Nicholas van Hoogstraten

THE High Court has quashed the results of a November 2015 extra-ordinary general meeting (EGM) at CFI Holdings Limited (CFI) and a subsequent one late last year to discuss, among other things, the rev...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

CFI Holdings spills the beans on 28 ZSE counters

THE war pitting CFI Holdings Limited and the Zimbabwe Stock Exchange (ZSE) has taken a dramatic twist with CFI querying its suspension from the bourse when 28 other counters were in breach of the same...

By Staff reporter | Published: 10 May 2018

ZIMBABWE

Suspended CFI remains defiant

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 req...

By Staff reporter | Published: 10 May 2018

ZIMBABWE

ZSE extends CFI suspension

The Zimbabwe Stock Exchange (ZSE) has further extended CFI Holdings Limited's suspension from the bourse by another 30 days pending further investigations into irregularities in the agro-industrial gr...

By Staff reporter | Published: 08 May 2018

ZIMBABWE

ZSE extends CFI suspension

The Zimbabwe Stock Exchange (ZSE) has extended CFI Holdings Limited's suspension from trading on the bourse by an additional 30 days for further investigations into the company's irregularities.CFI wa...

By Staff reporter | Published: 11 April 2018

INDUSTRIALS & ENERGY

CFI shareholders squabbles continue unabated

Shareholder squabbles continued unabated at suspended Zimbabwe Stock Exchange entity CFI Holdings after proxies representing one of the major shareholders, Stalap Investments, walked out on a meeting ...

By Staff reporter | Published: 14 March 2018

BUSINESS NEWS

Shareholders blame ZSE for CFI 'saga'

The latest decision by an "unknown entity", using the CFI Holdings Limited (CFI) logo, to make an offer to purchase the company's shares at 35,68 percent premium to the current trading price is challe...

By Staff reporter | Published: 23 February 2018

INDUSTRIALS & ENERGY

Mystery CFI offer baffles market

An offer for CFI Holdings shares to the market is now shrouded in mystery after the company disowned the offer.This comes after the Zimbabwe Stock Exchange (ZSE) wrote to CFI Holdings asking it to cla...

By Staff reporter | Published: 16 February 2018

INDUSTRIALS & ENERGY

No need for CFI rights issue

British business tycoon Nicholas van Hoogstraten has ruled out a rights issue and borrowings at the diversified concern CFI Holdings Ltd, saying his family will provide any funding requirements at the...

By Staff reporter | Published: 02 February 2018

ANNOUNCEMENTS

CFI.zw | 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: 01 February 2018

ANNOUNCEMENTS

CFI.zw | Market Update

Details:EXTRAORDINARY GENERAL MEETING HELD ON 13 DECEMBER 2017 IN THE MIRABELLE ROOM, MEIKLES HOTEL1. An Extra Ordinary General meeting was held on the 13th of December 2017 in the Mirabelle Room, Mei...

By CFI | Published: 01 February 2018

ANNOUNCEMENTS

CFI.zw | Board Changes

The CFI Holdings Limited Board announced the appointment of Ms Itai Valerie Pasi as the Acting Board Chairman and Mr Shingirayi Norman Chibanguza as the Acting Group Chief Executive Officer with immed...

By CFI | Published: 01 February 2018

ANNOUNCEMENTS

CFI.zw | Trading of CFI shares

STATEMENT BY THE ZIMBABWE STOCK EXCHANGE ON SUSPENSION FROM TRADING OF CFI HOLDINGS LIMITED ("the Company")The Zimbabwe Stock Exchange ("ZSE") hereby notifies the investing public of the suspension fr...

By CFI | Published: 01 February 2018

ANNOUNCEMENTS

CFI.zw | Audited Financial Results FY17

Financial Highlights:- Revenue $ 42 534 742- Operating income before depreciation, impairment and financing costs $ 2 854 164- Profit before tax $ 1 515 889- Profit for the year $ 879 869- Dividend Ni...

By CFI | Published: 01 February 2018

INDUSTRIALS & ENERGY

CFI returns to profitability

CFI Holdings Limited has overturned its loss making position to register a profit after tax of $879 869 in the year ended September 30 2017 on the back of better market opportunities in the retail sec...

By Staff reporter | Published: 01 February 2018

INDUSTRIALS & ENERGY

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

BUSINESS NEWS

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

INDUSTRIALS & ENERGY

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

ANNOUNCEMENTS

CFI.zw | 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

INDUSTRIALS & ENERGY

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

BUSINESS NEWS

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

INDUSTRIALS & ENERGY

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

CFI.zw | 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

CFI.zw | 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

INDUSTRIALS & ENERGY

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
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