Masawara recovers to $58k FY16 profit

HARARE, July 13 (The Source) – Masawara Plc, an investment holding company focused on acquiring interests in Zimbabwe and the southern African region, overturned an after tax loss of $4.7 million in 2015 to achieve an after tax profit of $58,000 in 2016. 

Masawara bumps TA shareholding to 75pct

HARARE November 10 (The Source) – Masawara plc has acquired 59 percent of TA Holdings shares previously in the hands of minorities, taking its shareholding in the group to 75 percent. Masawara’s previous offer was blocked after TA shareholders rejected a High court sanctioned scheme… Read More

OPINION: Masawara’s offer – the sequel

By Oswell Kapotsa, HARARE, September 30 (The Source) – TA Holdings (TA) shareholders might have been closely following developments concerning the Masawara offer to buy out minorities in the last few weeks and this has turned into an interesting “Special Situation” type of investment. In… Read More