HARARE, December 5 (The Source) – CFI Holdings acting executive Timothy Nyika has thrown in the towel as the fight for control of the agroindustrial group between major shareholders intensifies.
HARARE,November 13 (The Source)- CFI Holdings acting Chairperson Grace Muradzikwa has resigned ahead of the agro-industrial group’s extraordinary general meeting (EGM) meant to fire her and two other directors. Muradzikwa has been on the board since 2004, she served as the acting chairman since April… Read More
HARARE, August 14 (The Source) – Major shareholders of CFI Holdings have been fighting over control of the agro-industrial group because of its potential to become one of the blue chip stocks on the local bourse, analysts have said.
HARARE, August 7 (The Source) – The Securities and Exchange Commission (SECZ) says CFI Holdings minority shareholders should disregard an informal offer by Messina Investments which it says undermines the integrity of the market and transparency in trading of equities on the local bourse.
HARARE, July 27 (The Source) – British tycoon, Nicholas Van Hoogstraten on Thursday made a counteroffer to CFI minorities, at 46 cents per share more than double the offer by Stalap as the two rivals intensify their battle for control of the agro-industrial group.Zimre Holdings… Read More
HARARE, April 13 (The Source) – CFI Holdings chief executive (CEO) Stephen Kuipa is set to leave the Zimbabwe Stock Exchange-listed agro-industrial concern, the company announced on Wednesday. The group, which has been hit by shareholder wrangling, also announced the immediate departure of chairman Simplicius… Read More
BULAWAYO, October 28 (The Source) – Cash-strapped coal miner Hwange Colliery has sent 1,000 workers – nearly a third of its total workforce – on unpaid leave as it grapples with a $14 million six-month salary backlog and a debt of $160 million, an official… Read More