Press Release

NOTICE TO SHAREHOLDERS: Relating to the extension of publication of reviewed results for the half year ended 08th July 2024. The Board wishes to inform its stakeholders that the half year results for half year ended 08th July 2024, originally scheduled for publication by the 08th of October, 2024 will be delayed. The delay was […]

OPERATING ENVIRONMENT The period under review was characterised by economic uncertainty because of steep depreciation in the local currency and lack of clarity in the manner and format of the anticipated currency reforms. In addition, the drought headwind became evident in the first quarter due to the dry spell conditions experienced because of the El […]

GROUP CHAIRMAN’S REPORT Directors responsibility for the Integrated Annual Report The Directors of Edgars Stores Limited are responsible for the preparation and fair presentation of the Group’s consolidated financial statements. The audited financial statements incorporate full disclosure in line with International Financial Reporting Standards (IFRS) Accounting Standards as issued by the International Accounting Standards Board […]

Notice is hereby given that the 75th Annual General Meeting of members of Edgars Stores Limited will be held at The Country Club, 1 Brompton Road, Newlands, Harare on Tuesday, 2nd July 2024 at 08:30 hours.

The Directors of Edgars Stores Limited (the “Company”) wish to advise all shareholders and the investing public that the Board, subject to shareholder approval and the granting of all necessary regulatory authorisations, has approved the delisting of the Company from the Zimbabwe Stock Exchange, immediately followed by its listing on the Victoria Falls Stock Exchange […]

The Edgars Stores Limited Board of Directors wishes to announce the following change to its composition: Appointment: Chesternoel Mutevhe – Group Chief Finance Officer The Board would like to announce the appointment of Mr. Chesternoel Mutevhe as the Group Chief Finance Officer with effect from 1 January 2024. He brings with him a wealth of […]

The Company presents its business update for the nine months of the 2023 financial year. Trading environment The economic environment was relatively stable during the quarter after the interventions of the Central Bank and Government aimed at stabilising the ZWL exchange rate and inflation. The interventions among others included the announcement that multi-currency regime will […]

16 Chairman’s report Directors’ responsibility for the Interim Financial Information The Directors of Edgars Stores Limited are responsible for the preparation and fair presentation of the Group’s interim condensed consolidated financial statements. The reviewed interim condensed consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), in the manner required by […]

The Edgars Stores Limited Board of Directors wishes to announce the following changes to its composition: EXECUTIVE DIRECTORS Resignation: Tjeludo Ndlovu – Group Chief Executive OfficerMs Tjeludo Ndlovu, the Group Chief Executive Officer of the Group, resigned from the Board and will be leaving the Group on 31 October 2023. Tjeludo has been with the […]

The Board wishes to advise its stakeholders that following unanticipated delays in the finalization of the review process by our External Auditors, Edgars Stores Limited has sought and obtained approval from the Zimbabwe Stock Exchange (ZSE) to defer publication of the half year financial statements to on or before 31 October 2023. The delay is […]

The Directors of Edgars Stores Limited (“Edgars” or “the Company”) are pleased to announce the results of the Annual General Meeting (“AGM”) of shareholders held on Thursday 15 June 2023 at Edgars Stores Limited Auditorium, LAPF House, Cnr 8th Avenue/J Moyo Street, Bulawayo. The meeting was duly convened and met the quorum requirements in terms […]

Group Chairman’s Report Directors responsibility for the Integrated Annual Report The Directors of Edgars Stores Limited are responsible for the preparation and fair presentation of the Group’s consolidated financial statements. The audited financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), in the manner required by the Companies and Other Business […]

Notice is hereby given that the 74th Annual General Meeting of members will be held at the Edgars Training Auditorium, 1st Floor LAPF House, 8th Avenue/Jason Moyo Street, Bulawayo on Thursday 15 June 2023 at 08:30 hours. Following is the Agenda for the meeting:- Ordinary Business 1. To approve minutes of the 73rd Annual General Meeting held […]

Chairman’s report Directors responsibility for the Integrated Annual Report The Directors of Edgars Stores Limited are responsible for the preparation and fair presentation of the Group’s consolidated financial statements. The audited financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS), in the manner required by the Companies and Other Business Entities […]

The Board wishes to advise its stakeholders that following unanticipated delays in the finalization of the review process by our External Auditors, Edgars Stores Limited has sought and obtained approval from the Zimbabwe Stock Exchange (ZSE) to defer publication of the full year financial statements to on or before 08 May 2023. Before the extension […]

The Company presents its business update for the third quarter (Quarter 3) of the 2022 financial year. Trading environment The operating environment remains complex and challenging. In order to tame inflation, the Central Bank at the beginning of the quarter tightened monetary policy, increased interest rates from 80% to 200%, introduced gold coins as a […]