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Mashonaland Holdings Limited (MASH.zw)

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

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 News

Click on article text to open

Title Type Published
Mashonaland Holdings - Notice of the 59th Annual General MeetingCA, AGM2026-05-28
Mashonaland Holdings - Trading Update for the Quarter ended 31 March 2026CA, Earnings, Trading update2026-05-14
Mashonaland Holdings - FY2025 Final Dividend NoticeCA, Dividends2026-04-14
Mashonaland Holdings - Audited Condensed Consolidated Financial Statements FYE 31 December 2025CA, Earnings2026-03-19
Mashonaland Holdings - Trading Update for the Quarter ended 30 September 2025CA, Earnings, Trading update2025-11-20
Mashonaland Holdings - Interim Dividend NoticeCA, Dividends2025-09-19
Mashonaland Holdings - Reviewed Condensed Consolidated Financial Statements for the HYE 30 June 2025CA, Earnings2025-08-27
Mashonaland Holdings releases its 2024 Annual ReportCA, Earnings2025-06-17
Mashonaland Holdings - Results of the FY2024 Annual General MeetingCA, AGM2025-06-17
Mashonaland Holdings - Trading update for the quarter ended 31 March 2025CA, Earnings, Trading update2025-05-14
Mashonaland Holdings Limited - Notice of the 58th Annual General MeetingCA, AGM2025-05-06
Mashonaland Holdings Limited - FY2024 Final Dividend NoticeCA, Dividends2025-04-24
Mashonaland Holdings - Audited Condensed Consolidated Financial Statements FYE 31 December 2024CA, Earnings2025-03-27
Mashonaland Holdings - Trading Update for the Quarter ended 30 September 2024CA, Earnings, Trading update2024-11-15
Mashonaland Holdings Limited - HY2024 Interim Dividend NoticeCA, Dividends2024-10-09
Mashonaland Holdings - Reviewed Condensed Consolidated Financial Statements for the HYE 30 June 2024CA, Earnings2024-09-12
Mashonaland Holdings Limited - Notice of Executive Management ChangesCA, Directorate changes2024-08-01
Mashonaland Holdings Limited - Results of the 57th Annual General MeetingCA, AGM2024-06-26
Mashonaland Holdings releases its 2023 Annual ReportCA, Earnings2024-06-07
Mashonaland Holdings Limited - Notice of Annual General MeetingCA, AGM2024-05-28
Mashonaland Holdings - Trading update for the quarter ended 31 March 2024CA, Earnings, Trading update2024-05-15
Mashonaland Holdings Limited - Final Dividend NoticeCA, Dividends2024-04-29
Mashonaland Holdings Limited - Notice of Board ChangesCA, Directorate changes2024-04-29
Mashonaland Holdings - Audited Condensed Consolidated Inflation Adjusted Financial Statements FYE 31 December 2023CA, Earnings2024-03-28
Mashonaland Holdings - Trading update for the quarter ended 30 September 2023CA, Earnings, Trading update2023-11-15
Mashonaland Holdings Limited - Interim Dividend NoticeCA, Dividends2023-09-22
Mashonaland Holdings - Inflation Adjusted Revenue increased by 150% to ZW$8.7bn in HY 2023CA, Earnings2023-09-15
Mashonaland Holdings Limited - Notice of Board ChangesCA, Directorate changes2023-09-01
Mashonaland Holdings releases its 2022 Annual ReportCA, Earnings2023-05-24
Mashonaland Holdings Limited - Notice of Annual General MeetingCA, AGM2023-05-18
Mashonaland Holdings Limited - Notice of Board ChangesCA, Directorate changes2023-05-18
Mashonaland Holdings - Trading update for the quarter ended 31 March 2023CA, Earnings, Trading update2023-05-17
Mashonaland Holdings Limited - Final Dividend NoticeCA, Dividends2023-03-30
Mashonaland Holdings Limited - Announcement to ShareholdersCA2023-03-28
Mashonaland Holdings - Audited Condensed Consolidated Inflation Adjusted Financial Statements FYE 31 December 2022CA, Earnings2023-03-23
Mashonaland Holdings Limited (Zimbabwe) - Notice to Shareholders and the Investing publicCA2022-11-17
Mashonaland Holdings (Zimbabwe) - Trading Update for the 9 months ended 30 September 2022CA, Earnings2022-11-16
Mashonaland Holdings Ltd (Zimbabwe) declares an interim dividend of 8.401 cents per shareCA, Dividends2022-09-15
Mashonaland Holdings Limited - Results of the AGM held on 23 June 2022CA2022-06-30
Mashonaland Holdings (Zimbabwe) releases its 2021 Annual ReportCA, Earnings2022-05-24
Mashonaland Holdings Limited (Zimbabwe) - Notification of Board ChangesCA2022-04-27
Mashonaland Holdings (Zimbabwe) revenue soars by 80% to ZW$561 million for the 15 months to Dec. '21CA, Earnings2022-04-13
Mashonaland Holdings (Zimbabwe) declared a final dividend of ZWL 3.003 cents per shareCA, Dividends2022-04-13
Mashonaland Holdings occupancy level improves 2% in Q4 2021 to 80.6%CA, Earnings2021-11-12
Mashonaland Holdings appoints Ms Egnes Madhaka as company secretary and legal advisorCA2021-11-04
Mashonaland Holdings (Zimbabwe) declares an interim dividend of ZWL 1.299 cents per shareCA, Dividends2021-06-14
Mashonaland Holdings Limited release of 2020 Annual ReportCA, Earnings2021-02-19
Mashonaland Holdings Operating Profit up 18.9% in first quarter ended 31 December 2020CA, Earnings2021-02-15
Mashonaland Holdings declares a final dividend of ZWL1.34 cents per share in respect of FYE 30 September 2020CA, Dividends2020-12-11
Mashonaland Holdings (Zimbabwe) Releases Its Year End Financial ResultsArticles, CA, Earnings2020-12-03
Mashonaland Holdings (Zimbabwe) appoints Eng. Grace Bema as Chairperson of the BoardCA2020-08-28
Mashonaland Holdings (Zimbabwe) | Q3 2020 Rental Income up 21% compared to prior yearArticles, CA, Earnings2020-08-20
Mashonaland Holdings (Zimbabwe) appoints new Chief Finance Officer Kudakwashe MusundireArticles, CA2020-08-08
Mashonaland Holdings Limited | Notice of 53rd AGMCA, AGM2020-06-12
Mashonaland Holdings Q2 Trading UpdateCA, Earnings2020-05-19
Mashonaland Holdings Limited changes to Board of DirectorsCA2020-05-07
Mashonaland Holdings Limited | Postponement of Annual General MeetingCA, AGM2020-03-25
Mashonaland Holdings to hold its AGM on the 25th of March 2020CA, AGM2020-03-12
MASH 53rd AGMCA, AGM2020-03-03
Mashonaland Holdings Q12020 rental income up 45% to ZWL 10 millionCA, Earnings2020-02-17
Mashonaland Holdings appoints Ms. B. Musariri as the new DirectorCA2020-02-12
Mashonaland Holdings declares FY2019 dividend of ZWL$0.145 cents per shareCA, Dividends2019-12-05
Mashonaland Holdings appoints Independnet Non -Executive DirectorsCA2019-11-05
Mashonaland Holdings Ltd. has declared a dividendCA2019-06-27
Mashonaland Holdings (Zimbabwe) sets its 52nd AGM for March 18AGM2019-02-15
Mashonaland Holdings declares dividend of 0.054 US cents per shareDividends2018-12-07
MASH Investor Documents

Click on document text to open

Description Published
Notice of the 59th Annual General Meeting2026-05-28
Q1 2026 Trading Update2026-05-14
FY2025 Final Dividend Notice2026-04-14
2025 Abridged Report (ZWG)2026-03-19
2025 Abridged Report (USD)2026-03-19
Q3 2025 Trading Update2025-11-20
2025 Half Year Results2025-08-27
2024 Annual report2025-06-17
Q1 2025 Trading Update2025-05-14
2024 Abridged results2025-03-27
Q3 2024 Trading Update2024-11-15
2024 Interim report for the half year2024-09-12
2023 Annual report2024-06-07
Q1 2024 Trading Update2024-05-15
2023 Abridged results2024-03-28
Q3 2023 Trading Update2023-11-15
2023 Interim report for the half year2023-09-15
2022 Annual report2023-05-24
Q1 2023 Trading Update2023-05-17
2022 Abridged results2023-03-23
Q3 2022 Trading Update2022-11-16
Notice of Board Changes2022-11-03
Interim Dividend Announcement2022-11-03
2022 Interim report for the half year2022-09-13
2021 Abridged results2022-05-24
2021 Annual report2022-05-24
Q1 2022 Trading Update2022-04-13
2020 Presentation2021-11-12
Q4 2021 Trading Update2021-11-12
2021 Interim report for the half year2021-06-09
2020 Annual report2021-02-18
2021 Interim report for the first quarter2021-02-15
2020 Abridged results2020-12-03
2020 Interim report for the third quarter2020-08-17
2020 Interim report for the second quarter2020-05-19
2020 Interim report for the half year2020-01-01
2019 Annual report2019-12-15
2019 Abridged results2019-12-08
2019 Presentation for the half year2019-10-16
2019 Interim report for the half year2019-06-27
2018 Abridged results2018-11-30
2018 Annual report2018-01-01
2018 Interim report for the half year2018-01-01
2017 Annual report2017-11-27
2017 Abridged results2017-11-27
2017 Interim report for the half year2017-11-19
2016 Annual report2016-01-01
2016 Abridged results2016-01-01
2016 Interim report for the half year2016-01-01
2015 Abridged results2015-01-01
2015 Interim report for the half year2015-01-01
2014 Annual report2014-01-01
2014 Interim report for the half year2014-01-01
2013 Interim report for the half year2013-11-19
2012 Interim report for the half year2012-01-01
2012 Abridged results2012-01-01
2012 Annual report2012-01-01
2011 Abridged results2011-01-01
2011 Interim report for the half year2011-01-01
2010 Abridged results2010-01-01
2010 Annual report2010-01-01
2009 Annual report2009-01-01
2009 Abridged results2009-01-01
2009 Interim report for the half year2009-01-01
2007 Annual report2007-01-01
2006 Annual report2006-01-01
2005 Annual report2005-01-01
2000 Annual report2000-01-01
1997 Annual report1997-01-01
1994 Annual report1994-01-01
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.