Economic recovery buoys up TA investment drive
The Herald Business Business News TA Holdings Limited last week held its analyst and media briefing for the half-year ended June 2010 and told shareholders that the group is positioning its...
View ArticleTA mulls coal-gasification plant
The diversified group controls a 51 percent shareholding in the loss-making ammonium nitrate production company, which operates one of the world’s biggest electrolysis plants but has been badly...
View ArticleTA Holdings in $5,1m loss
TA Holdings group have reported a loss after tax of $5,1 million weighed down by performances of companies in which the conglomerate has investment interest. Poor performances by Zimnat Lion...
View ArticleTA Holdings Recovers to Post U.S.$6,3 Million Profit
DIVERSIFIED investment holding company, TA Holdings, staged a dramatic recovery in 2011, reversing a US$5,1 million loss incurred in 2010 to post a US$6,3 million profit after-tax driven by a strong...
View ArticleTA Ditches ZFC, PG
TA Holdings is considering pulling out of Zimbabwe Fertiliser Company and PG Industries as the businesses are now regarded as "non-core" to group ambitions. Group financial director, Mr Bothwell...
View ArticleCresta in U.S.$6 Million Revamp
Cresta Lodge, situated between Eastlea and Msasa, is undergoing a US$6 million expansion expected to result in an additional conference facility expe-cted to be functional by the third quarter of 2012...
View ArticleTAs ammonia import plan on course
TA Holdings is on course to start its importation of ammonia for Sable Chemicals by the end of the year, CEO Gavin Sainsbury said this week. Sainsbury told shareholders at an annual general meeting...
View ArticleSables Plant Crisis - a Stitch in Time Saves Nine
Sable Chemical Industries' plans to de-commission its electrolysis plant in January next year makes sad reading for Zimbabwe's agriculture-based economy especially at a time when the nation is making...
View ArticleCresta Hotels to operate Sprayview Hotel
CRESTA Hotels has entered into a lease agreement for the operation of Sprayview Hotel in Victoria Falls with the Gardini family paving way for the group to tap into the market provided by the resort...
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Chairman's Statement - 2012
OVERVIEW The Group has continued on its recovery path to delivering steady earnings and cash flow growth to shareholders underpinned by solid business models in all its investee companies.The results...
View ArticleTA to buy back shares
ZIMBABWE Stock Exchange-listed conglomerate TA Holdings Limited says it will later this month seek shareholders’ permission to buy back a maximum of 10 percent of its issued ordinary share capital....
View ArticleCresta Sprayview opens
CRESTA HOTELS’ newest operation, Cresta Sprayview at Victoria Falls, has opened and welcomed its first guests, a group of holidaymakers from the United States. Cresta group chief executive Mr Glenn...
View ArticleAon Zimbabwe rebrands
INSURANCE company Aon Holdings Limited will rebrand to Minerva Holdings following the successful acquisition of the company by Masawara Mauritius Limited. A source close to the development said...
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Chairman's Latest Statement
CHAIRMAN’S STATEMENT OVERVIEW The TA Group had a good year, recording a growth in headline earnings per share of 126% compared to the year ended 31 December 2012. However, this wa offset by a US$13.7...
View ArticleMutasa believes in Sable's viability
Business magnate and TA Holdings chairman, Mr Shingi Mutasa still believes that Sable Chemicals remains a key institution in providing for the country’s nitrogenous fertiliser needs and is pleading...
View ArticleMasawara to acquire 100% ownership of TA Holdings
TA Holdings says preparations are underway for a scheme meeting as Jersey-registered investment company, Masawara Plc, seeks to acquire all the outstanding shares in the conglomerate. Currently,...
View ArticleOld Mutual blocks TA scheme
TA HOLDINGS’ scheme of arrangement failed to go through yesterday after Old Mutual voted against the transactions for Masawara to acquire the entire entire issued share capital of the company....
View ArticleMasawara offer: Can you still profit on TA?
FEW investment strategies match the return that a successful buyout yields for an individual invested in a target company. Offers in the range of a 100 percent premium on market price are not unusual....
View ArticleZimnat partners Telecel for mobile insurance product
As the battle to gain a larger portion of subscribers in the insurance sector intensifies, Zimnat Life has partnered a local mobile operator and launched a new product. In its latest report, the...
View ArticleZSE Notice on delisting of TA Holdings Ltd dated 12 February 2015
NOTICE OF CHANGES TO THE ZIMBABWE STOCK EXCHANGE (“ZSE”) OFFICIAL LIST ABC HOLDINGS LIMITED Members of the public are hereby advised that ABC Holdings Limited (the “Issuer” or “ABCH”) has been removed...
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