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'John Moxon tried to sell Victoria Falls Hotel stake without board approval'
Tensions at Meikles Limited have reached a boiling point, as a group of four directors has accused the company's non-executive chairman, John Moxon, of attempting to sell the group's 50% stake in the ...Published: 04 Dec 2024 at 09:21hrs | 1726 | by Staff reporter
John Moxon calls meeting to sack his Meikles board
John Moxon was in a hospital bed when Meikles directors met to sell off a key asset and fire the CEO - and he claims someone lied that his phone had been "compromised" to keep him in the dark about it...Published: 27 Nov 2024 at 08:47hrs | 2775 | by Staff reporter
John Moxon questions appointment of son as CEO
Meikles Limited's board chairperson and major shareholder, John Moxon, has accused his fellow directors of bypassing proper governance procedures in the appointment of his son, Matthew Moxon, as the c...Published: 27 Nov 2024 at 07:11hrs | 1312 | by Staff reporter
Moxon dynasty takes over at Meikles Limited
Meikles Limited has announced the appointment of former chairman John Moxon's son Matthew John Moxon as its acting Chief Executive Officer, following the resignation of Malcolm Mycroft from the CEO po...Published: 15 Oct 2024 at 10:38hrs | 3087 | by Staff reporter
TM Pick n Pay Zimbabwe boss in racism storm, pay scandal
TM Pick n Pay Zimbabwe's Managing Director, Malcolm Mycroft, faces allegations of racism, externalisation of funds, and unfair salary practices, negatively affecting local employees. Reports indicate ...Published: 31 Jul 2024 at 12:59hrs | 2641 | by Staff reporter
Mnangagwa's oligarchs: The heirs of Cecil Rhodes
As Zimbabwe's economy has spiralled down, with one million economic refugees in South Africa alone and ordinary people facing shortages of food, fuel, medicine and shelter, there is a class of people ...Published: 08 Feb 2022 at 18:29hrs | 4 | by Phillip van Niekerk and a Zim-based Research Team
TM Pick n Pay to increase supermarkets
Meikles Limited intends to expand its supermarket segment, trading as TM Pick n Pay, with new stores already in the pipeline, as the group consolidates its market share.Like any other sector, ...Published: 23 Dec 2021 at 05:35hrs | 7 | by Staff reporter
20 richest investors on the Zimbabwe Stock Exchange
Investors on the Zimbabwe Stock Exchange have amassed staggering wealth since the start of the year owing to the strong pace of recovery in the country and renewed buying interest by local inv...Published: 29 Aug 2021 at 07:05hrs | 270 | by Mfonobong Nsehe
State capture: Time to declare party financiers
SINCE time immemorial, the political class has been defined across the world by class, capital and raw power.In many instances, these groups of people have formed elite pacts to foster their h...Published: 13 Feb 2021 at 10:15hrs | | by Paidamoyo Muzulu
Zimbabwe Ambassador to Israel denies having links with NIKUV
The recently appointed Honorary Consul of Zimbabwe in Israel Ronny Levy Musan has denied allegations that he is linked to Nikuv International Projects a company that was contracted to rig the 2013&nbs...Published: 31 Aug 2020 at 07:49hrs | 1 | by Mandla Ndlovu
Gwisai roasts 'capitalist' Masiyiwa for faking national interest
ZIMBABWEANS must not be fooled by Econet founder Strive Masiyiwa when he talks about national interest as he was only concerned about profits, International Socialist Organisation (ISO) leader and fir...Published: 28 Feb 2019 at 06:21hrs | 1 | by newzimbabwe
Panel of judges clears Justice Bere of wrongdoing
A PANEL of four judges appointed by Chief Justice Luke Malaba has cleared Supreme Court judge Justice Francis Bere of ethical misconduct following allegations levelled against him by Meikles executive...Published: 29 Jan 2019 at 23:22hrs | 1 | by Staff reporter
Supreme Court judge under investigation
Supreme Court judge Justice Francis Bere is under investigation over allegations of conflict of interest in a ruling he made in the more than $2 million consultancy dispute between Zimbabwe Stock Exch...Published: 24 Jan 2019 at 07:12hrs | | by Staff reporter
Meikles lodges complaint against Supreme Court Judge
Zimbabwe Stock Exchange-listed Meikles Limited has lodged a complaint to the Judicial Service Commission (JSC) against Supreme Court Judge Francis Bere over alleged conflict of interest in a ruling he...Published: 20 Dec 2018 at 09:03hrs | 1 | by Staff reporter
Zimbabwe govt takes Meikles to court
GOVERNMENT has taken John Moxon's Meikles Limited (Meikles) to court demanding a $30 million refund after the latter was allegedly overpaid through Treasury Bills issued by the Reserve Bank of Zimbabw...Published: 08 Oct 2018 at 08:10hrs | | by Staff reporter
WikiLeaks: 25 most corrupt ministers and public figures in Zimbabwe
These individuals will never be prosecuted by the Mnangagwa government because he is involved with entirely all of them. Either they were in the deal together or they know too much of his own dirty de...Published: 03 Jun 2018 at 11:06hrs | 31 | by WikiLeaks
Chanakira vies for Harare town clerk job
Nigel Chanakira headlines a stellar cast of top names vying for the coveted Harare town clerk Job.The Daily News can report that Chanakira, founder of the now defunct Kingdom bank and current ...Published: 11 Oct 2017 at 17:26hrs | | by Staff reporter
Meikles saga unravels
As the Meikles saga continues to unravel, Benjamin Ward the key figure allegedly at the centre of a plot to oust executive chairman John Moxon from the Meikles empire now reportedly claims he is b...Published: 12 Dec 2016 at 07:16hrs | | by Staff reporter
Plot to oust John Moxon from Meikles exposed
Dark clouds are hanging over the Meikles Group after details emerged of an alleged plot to oust Mr John Moxon from the business and replace him with a former Lornho executive by engineering a disp...Published: 21 Nov 2016 at 07:05hrs | 5 | by Staff reporter
Woman squanders lobola with lover
A CHEATING woman is at odds with her husband amid revelations that she squandered money meant for her lobola with her married lover.Shupikai Patience Mutembo, 35, separated with her husband, N...Published: 13 Jul 2016 at 10:57hrs | | by Staff reporter
Meikles ranked among top African companies by the World Economic Forum
Zimbabwe Stock Exchange listed diversified conglomerate, Meikles Limited (Meikles) has been ranked among top African companies by the World Economic Forum for its sterling contribution in the country....Published: 12 Sep 2015 at 14:23hrs | | by Staff reporter
MDC-T's Eddie Cross 'exposes' Meikles chairman Moxon
Meikles Limited should get $56,6 million from the debt owed by the Reserve Bank of Zimbabwe (RBZ) instead of $90,8 million after the Finance ministry prescribed that only 5% interest will be permitted...Published: 16 Apr 2015 at 11:06hrs | 2 | by Staff reporter
Eddie Cross in contempt of court
MDC-T Member of Parliament for Bulawayo South Eddie Cross faces contempt of parliament for allegedly divulging privileged information under discussion by a parliament committee. Chairper...Published: 18 Dec 2014 at 06:14hrs | | by Staff reporter
RBZ pays 16 year old Meikles debt
Reserve Bank of Zimbabwe (RBZ) has begun payments of a 16-year-old debt to diversified conglomerate, Meikles Holdings Limited (Meikles).John Moxon, the Meikles chairman yesterday said the grou...Published: 20 Aug 2014 at 14:02hrs | | by Staff reporter
TM & Pick Pay launch million dollar promotion
Meikles Limited retail arm, TM Supermarkets has launched a promotion worth over $1 million as the supermarket chain seeks to grow revenues and position in the retail sector. The promotion dub...Published: 19 Jul 2014 at 07:28hrs | | by Staff reporter
Meikles' John Moxon assisted Zanu-PF ahead of elections
Business mogul and Meikles chairperson John Moxon assisted Zanu-PF with the sourcing of the top-of-the-range Ford Everest vehicles that were used to oil its campaign.The party splashed state-...Published: 05 Nov 2013 at 03:25hrs | 6 | by Staff reporter
Meikles agrees interest rate for funds deposited with RBZ
Meikles Limited has agreed the rate of interest to be accrued on the funds held on deposit with the RBZ, Executive Chairman John Moxon told the AGM this morning. "The rate of interest to ...Published: 20 Aug 2013 at 14:32hrs | | by Business reporter
Pick n Pay to open more branches in Zimbabwe
South African retail giant Pick n Pay is expanding its presence in Zimbabwe through its partnership with TM Supermarkets, a subsidiary of Meikles Limited, by investing US$25-million to upgrade the ch...Published: 20 Aug 2013 at 11:19hrs | | by Business reporter
AfrAsia Kingdom Bank on brink of collapse
AFRASIA Kingdom Bank has run into serious problems and is facing censure by the Reserve Bank after it emerged this week it is reeling from a massive US$21 million under-performing loan and could be ...Published: 10 May 2013 at 13:44hrs | 1 | by Business reporter
TM Supermarkets invests $25 million in stores refurbishment
TM Supermarkets has invested a further $25m into the retail chain, with the money aimed at transforming its retail outlets through refurbishment of the group's 50 stores across the country.Two...Published: 09 Apr 2013 at 03:22hrs | | by Business reporter
Meikles' chairman Moxon donates cars to Zanu-PF
Businessman and Meikles Africa chairman John Moxon has donated brand new vehicles to Zanu-PF to spearhead the party's campaign for crucial general elections later this year. Moxon reportedly ...Published: 08 Feb 2013 at 06:10hrs | | by Staff reporter
Pick n Pay officially opens second store in Zim
Pick n Pay officially opened its second branded store in Zimbabwe on Thursday, as the company intensifies its African expansion following the recent opening of another branded outlet in Kitwe, Zambia....Published: 13 Dec 2012 at 19:03hrs | | by Tawanda Karombo I Business Day
MEIKLES Limited ditches short-term borrowings
Last week MEIKLES Limited said it will no longer rely on expensive, short-term borrowings from the domestic market to fund medium term expansion projects as part of a strategy to reduce finance costs...Published: 16 Jun 2012 at 03:57hrs | | by Staff reporter
Pick n Pay to open branch in Bulawayo
TM Supermarkets will open one of the first Pick n Pay outlets in the country in Bulawayo under a $13 million capital injection that will see the refurbishing and rebranding of six of its branches....Published: 12 Jun 2012 at 05:09hrs | | by Business Reporter
Meikles Limited – Notice to shareholders
Meikles published a notice saying the company has been notified by the Moxon Group that they have exchanged their combined shareholding in Meikles into one entity Gondor Capital, a non resident entit...Published: 16 Jan 2012 at 08:33hrs | | by Mafu Sithabile
Meikles urged to address racial bias allegation
Zimbabwe government has advised Meikles Africa Limited to urgently address alleged racial bias in the appointment of its workers to executive posts in the firm.The development comes after Me...Published: 02 Sep 2011 at 05:49hrs | | by Staff reporter
Alleged racial bias in appointment of executives at Meikles Limited
MEIKLES Limited has been caught in the centre of allegations of racial bias in the treatment and appointment of its workers to executive posts in the firm.The aggrieved parties have written to...Published: 23 Aug 2011 at 04:55hrs | | by Staff reporter
Meikles Limited Interim Management Statement
Interim Management Statement and results of the 74th Annual General Meeting and Extra-ordinary General Meeting of 18 August 2011The attainment of full indigenisation status and the raising of...Published: 20 Aug 2011 at 05:56hrs | | by Mafu Sithabile
Meikles Africa using racist tactics to fire top black management
Meikles Africa Limited is allegedly using racist tactics to fire top black management workers in a move that has raised questions among stakeholders about the group’s commitment to t...Published: 07 Aug 2011 at 06:12hrs | 1 | by Mafu Sithabile
Econet to invest $400 million to spruce up its network
Econet Wireless is reported to be investing $400 million to spruce up its network and improve customer care service Rangarirai Mberi, Group Corporate Communications Manager, has said. Mberi sa...Published: 06 Jun 2011 at 07:04hrs | | by Moyo Roy
Kingdom and Meikles finally divorced
The acrimonious divorce between the flamboyant Kingdom Financial Holdings Limited (KFHL) Group and the wealthy Meikles Africa Limited (MAL) has now been completed - brining to an end among ...Published: 10 Mar 2011 at 04:43hrs | | by Byo24News
Kingdom de-merger awaits approval
THE final demerger of Kingdom Financial Holdings Limited from Meikles Limited is now awaiting regulatory approvals from the Ministry of Youth Development, Indigenisation and Empowerment.Meikle...Published: 19 Jan 2011 at 04:11hrs | 1 | by Byo24NEWS
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