Meikles Limited

In the 2021 annual report released last week, Meikles indicated that it was unbundling its large properties portfolio and strategic initiatives were being explored to facilitate the planned move.
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Diversified listed concern, Meikles Limited, has reduced its legacy debt by 83 percent to US$2,23 million at the close of the financial year ended March 31, 2020 from US$13,3 million at the beginning of the year under review.
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Dubai-based Albwardy Investments said on Friday it would buy Zimbabwe’s Meikles Hotel for $20 million and would upgrade what is one of the southern African nation’s most well-known establishments.
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Meikles Limited is facing a lawsuit after it failed to finalise a court sanctioned debt settlement plan with Core Solutions, a consultancy firm the diversified listed company engaged to recover-on its behalf-the money it was owed by the…
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Meikles Limited said on Friday it requires at least US$30 million to modernise its prime Harare hotel, which the group is in the process of selling to a Dubai based company.
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Meikles Limited has appealed to the sheriff for the confirmation of sale of assets belonging to its subsidiaries, Tanganda Tea Company and Meikles Hospitality.
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Hospitality and retail group, Meikles Limited (Meikles) says they are in negotiations with a financial institution to convert short-term borrowings to medium-term loans, while awaiting for the release of its funds held by government.
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Delays in the finalisation of a settlement agreement between government and Meikles Limited have resulted in the Zimbabwe Stock Exchange (ZSE)-listed concern failing to publish its financial results on time.
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Diversified Zimbabwe Stock Exchange-listed group Meikles Limited has reached an agreement with government over a central bank debt issue which has been outstanding for two decades.
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By Philimon Mhlanga Dubai billionaire, Ali Albwardy, is planning a hostile takeover of Zimbabwe Stock Exchange (ZSE)-listed conglomerate, Meikles Limited, through one of his investment vehicles involved in the hospitality, food and trade…
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