Corporate Announcements

Disclosure of non-assurance fees 7 January 2024

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.

Announcement of the results of voting at the Extraordinary General Meeting of shareholders of Edgars Stores Limited (“the Company”) held at 10:00 hrs on Friday, 22 March 2024 relating to and seeking approvals for the delisting of the Company from the Zimbabwe Stock Exchange, immediately followed by its listing on the Victoria Falls Stock Exchange […]

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 preliminary unaudited financial information incorporate full disclosure in line with IFRS Accounting Standards and best practice. Edgars migrated its listing from the Zimbabwe Stock Exchange […]

Dear Shareholder, As we navigate the dynamic landscape of the business environment, I would like to bring to your attention some pivotal developments that warrant careful consideration for the future of Edgars Stores Limited. Historically, the Edgars business has heavily relied on ZWL transactions; however, recent times have witnessed a notable surge in foreign currency […]

The Edgars Stores Limited Board of Directors wishes to advise its valued shareholders and other stakeholders that it has changed the Company Secretary: Chipo Mafunga of ChimukaMafunga Commercial Attorneys have been appointed as Company Secretary effective 01 January 2024. The Board sincerely thanks Sikhumbuze Mate for his dedication during the last two years. BY ORDER […]

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 […]