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Mashonaland Holdings Limited

Property - Zimbabwe Stock Exchange

Profile
Mashonaland Holdings Limited is a property investment and development company in Zimbabwe, providing solutions to the retail, commercial and industrial sector. The Office/Retail division acquires, develops and leases warehouse and factories and the Pure Retail acquires, develops and leases retail outlets; with other divisions involved in acquiring, letting and managing residential and specialised property aswell as undeveloped land.
Registered address

12th Floor ZB Life Towers
77 Jason Moyo Avenue
Harare, Zimbabwe

Contact number

+263-242 253600 / 253601 / 705806-7 / +263 772158056 / 060 / +263 8677000302-3

ISIN

ZW 000 901 134 8

Fiscal Year End

December

Managing Director

Kudakwashe Musundire

Chairperson

Eng. Grace Bema

Founded

1966

Listed

1969

Annual Report

Previous Year Release

Annual General Meeting

Notice is hereby given that the 59th Annual General Meeting of Mashonaland Holdings Limited will be held virtually and in the Mashonaland Holdings Limited Boardroom, 19th Floor, ZB Life Towers, 77 Jason Moyo Avenue, Harare on Thursday 18 June 2026 at 1100 hours.

Half year End
Half Year Results

Previous Year Release

Full Year Results

Previous Year Release

Notice of the 59th Annual General Meeting
Q1 2026 Trading Update

for the first quarter
FY2025 Final Dividend Notice
2025 Abridged Report (ZWG)

for the fourth quarter
2025 Abridged Report (USD)
Q3 2025 Trading Update

for the third quarter

167.84

ZWG cents 0.00 / 0.00%

82.00 - 168.50

+29.11%

+0.66%

Friday, 5th June 2026

6.1 million

Year on Year (ZWG)
View Interactive Chart
Activity

Friday, 5th June 2026  E.O.D.

Sales ZWG cents -
Value ZWG 0.00
Volume 0
Market cap ZWG 2,832,503,441
Shares issued 1,687,584,009
Fundamentals

Financial statements ratios and analysis

P/E ratio 27.16
Div. yield 0.48%
EPS 6.18
P/B ratio 1.25
EV / EBITDA 22.18

USD 8.1 million

Revenue for FY 2025
Revenue
Profit After Tax

63.68%

EBITDA Margin for FY 2025
EBITDA Margin
MASH Financials Summary

All values in USD

 31 Dec 202531 Dec 202431 Dec 202331 Dec 2022
Revenue8,095,8067,176,7176,286,7455,583,709
Attributable PAT4,014,9903,728,5084,102,760941,260
Shareholders funds87,438,00083,899,22180,489,91477,128,707
Cash on hand3,748,249438,641221,4335,999,506
Interest bearing debt9,080,0225,408,3942,099,8203,025,335
Net current assets(1,898,442)(1,286,025)160,6974,224,710
Chairperson Eng. Grace Bema
Managing Director Kudakwashe Musundire
Company Secretary Ms Egnes Madhaka
Transfer Secretary ZB Transfer Secretaries (Private) Limited
K. Musundire (Managing Director)
G. Mabiza
Eng. Grace Bema (Chairperson)
P. Musarurwa
B. Shumba
M. Mubayiwa
T. Masunda
I. Tigere
T. Chaparamhosva
Top Shareholders

December 2024

Name Holding Percentage
ZB Life Assurance Limited 470,048,820 27.85%
ZB Financial Holdings Limited 358,762,947 21.26%
Africa Enterprise Network Trust 348,995,283 20.68%
Mega Market (Private) Limited 133,920,355 7.94%
Barcelona Investments 123,162,752 7.30%
Africa Opportunity Fund L P 105,269,963 6.24%
Fieler - NNR Sean Michael 14,311,139 0.85%
ZB Reinsurance Ltd 12,152,432 0.72%
Hippo Valley Estate PF - Datvest 10,451,373 0.62%
Stanbic Nominees (Pvt) Ltd - Ac 140043470003 7,298,817 0.43%
N.B.: The Group changed its date of financial year end from 30 September to 31 December with effect from the financial period ended 31 December 2021.