Frequently asked questions
If you don’t find an answer to your question, please contact us, we want to hear from you.
General
What are the Company’s registered addresses?
Our registered addresses are:
4th Floor Unity Court
Cnr 1st Street/Kwame Nkrumah Avenue,
Harare, Zimbabwe
Telephone: +263 4 759651
Facsimile: +263 4 759648
NMB Centre
George Silundika Avenue/Leopold Takawira Street,
Bulawayo, Zimbabwe
Telephone: +263 9 882060-7
Facsimile: +263 9 882068
How can I register to receive email alerts on this site?
Registration is done through the InvestorPass, accessible as ‘Alerts‘ on the main menu of our website, NMBZ.co.zw. Once registered, you can opt-in to receive various communications from NMBZ Holdings Limited as e-mail alerts.
Dividends
What is a dividend?
A dividend is a taxable sum of money declared by a company’s board of directors and given to its shareholders out of the company’s current or retained earnings. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (scrip dividend) or other property. There is no guarantee that a company will make dividend payments in any given year or years.
Can I have my dividends paid directly into my bank account?
Yes, this is possible. You need to contact our registrar First Transfer Secretaries on +263 4 782869/72, and provide them with your banking details as well as the instruction to directly deposit your future dividends into your account. They will assist you.
Can I take my dividend in shares?
It depends on the type of the dividend declared. If it’s a purely cash dividend, you do not have an option to take up shares instead. However, if a cash dividend with a scrip option is declared, you can opt to receive more shares in the company. If you are paid your dividend in cash, you can ask you broker to reinvest the proceeds into NMBZ Holdings shares on your behalf.
Financial reporting
When do you report your financial results?
Our financial year end is 31 December. Full year results are usually released in March the following year. Our half year end is 30 June and the interim results are released around August same year. We recommend that you register for free email alerts to be notified of the release of our results.
How can I obtain a copy of the annual report and accounts?
Our annual reports are available for download in PDF from the ‘Downloads‘ section of this website. They are also viewable on our ‘Annual reports‘ page. If you register to receive financial reports from us, we will send you the links to the reports upon release. Hardcopies may be requested from the head office Company Secretary as well.
Shares and share dealings
What is a share?
The ownership of a company can be shared by many people and organisations. A share is a unit of ownership. When you own a share you become a part-owner (shareholder) of a company and you will have the right to receive any dividends paid on each share that you own, receive an electronic or paper copy or summary of the company’s annual report and financial statements as well as any other shareholder communications. You will also have the right to attend, ask questions and vote at general meetings of the company.
What should I have to confirm my shareholding in NMBZ Holdings?
When you buy shares in NMBZ, or any listed company for that matter, you should get a contract note and then a share certificate from the broker through which you bought your shares.
How can I work out the value of my NMBZ Holdings Limited shareholding?
Share prices generally change on a daily basis. To value your portfolio, simply multiply the number of shares you own in NMBZ Holdings Limited by the current share price as available in the Share Quote. Note that this value excludes transaction costs, which vary by country of jurisdiction.
What factors affect the share price of a company?
The share price will be influenced by a number of factors, some of which are outside the company’s control.
The factors may include:
– the performance and prospects of the company or the industry in which the company operates;
– political, general economic, financial and stock market conditions;
– perceptions of investors about the above factors.
As with all listed shares, the share price of NMBZ Holdings Limited on the Zimbabwe Stock Exchange can go up or down. If you sell your shares, you may receive more or less than you originally paid for them.
Who is the share registrar for NMBZ Holdings and how can I contact them?
Our share registrar is:
First Transfer Secretaries
1 Armagh Avenue
Eastlea, P.O. Box 11,
Harare, Zimbabwe
Telephone: +263-4-782869/72; 0772146157-9
Facsimile: +263-4-749048