LISTED agro-concern CFI Holdings says it will continue to prioritise continued investments in its milling operations in the short term to underpin the group’s long-term competitiveness. Group chairperson, Ms Itai Pasi, said in a statement of financials for the year ended September 30, 2023, that the long-term focus remained on the development of low-cost housing…
Valerie Pasi
Listed agribusiness firm, CFI Holdings, says it remains positive on outcomes from engagements with the Zimbabwe Stock Exchange (ZSE) over the lifting of its suspension on the local bourse.
CFI was initially suspended on January 2, 2018 over corporate governance deficiencies and to allow the company to comply with listing requirements.
The ZSE had requested the group to address governance related matters regarding the appointment of a substantive board chair, chief executive officer and finance director.
The company was also requested during the time of suspension of trading of its shares to appoint independent non-executive directors who were not affiliated to or have any association with any of the company’s shareholders.