African Stock Exchanges

MEIK - Meikles Limited

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MEIK share price on Zimbabwe Stock ExchangeMEIK share price on Zimbabwe Stock Exchange

Meikles Limited is a leading retail and hotel group in Zimbabwe. The company, which began in 1892, is prominently engaged in the hotel, retail, supermarket chain, agriculture, and security services industries. It wholly owns the premier 5-star Meikles Hotel in Harare, jointly operates Victoria Falls Hotel with African Sun, and has major holding in Cape Grace Hotel in Cape Town, South Africa. Other businesses of the group include the supermarket chain TM Supermarkets; Greatermans Stores, which offers department stores-style retail under the brand names Barbours and The M Store; Tanganda Tea Company, which is the biggest distributor of bulk and packaged tea, and also producer of the bottled spring water Tinga Mira; and Meikles Guard Services, which offers security guard services across the country. Through its diversified operating portfolio, Meikles is aiming to become “the leading hospitality and retail group” in Zimbabwe.

Meikles Limited is listed on the Zimbabwe Stock Exchange (ZSE). Meikles is traded on the ZSE under the ticker symbol “MEIK”. Meikles Limited is currently the 16th most valuable stock on the ZSE with a market capitalization of ZWL 176 billion, which is about 1.75% of the Zimbabwe Stock Exchange equity market.

MEIK681.0606 ▴ 61.0606 (9.85%)
5 hours ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume3,300
Number of Deals
Gross Turnover2.25M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding258M
Market Capitalization176B
Monetary values are quoted in Zimbabwe Dollar (ZWL) unless otherwise stated

MEIK Stock Market Performance


The current share price of Meikles Limited (MEIK) is ZWL 681.0606. MEIK closed its last trading day (Wednesday, September 27, 2023) at 681.0606 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 9.8% gain over its previous closing price of 620.00 ZWL. Meikles began the year with a share price of 112.00 ZWL and has since gained 508% on that price valuation, ranking it 19th on the ZSE in terms of year-to-date performance.

Meikles is the ninth most traded stock on the Zimbabwe Stock Exchange over the past three months (Jun 27 - Sep 27, 2023). MEIK has traded a total volume of 12.9 million shares valued at ZWL 8.98 billion over the period, with an average of 204,244 traded shares per session. A volume high of 4.69 million was achieved on September 20th for the same period. The table below details the last 10 trading days of activity of Meikles on the Zimbabwe Stock Exchange.


Profile of Meikles Limited

Meikles Limited operates in the Consumer Services sector. The company's board of directors, chaired by John R. T. Moxon, is composed of four members whose names are listed below.

  1. Moxon, John R. T.
    Executive Chairman
  2. Ncube, Kazilek
    Executive Director
  3. Chidembo, Rugare
    Non-Executive Director
  4. Mushore, James
    Non-Executive Director

Factsheet of Meikles Limited

Consumer Services
90 Speke Avenue, P. O. Box 3598, Harare, Zimbabwe
+263-86-770-04021, +263-86-770-04022, +263-24-225-2068

MEIK Industrial Market Competitors

Meikles Limited, issuers of the MEIK stock on the Zimbabwe Stock Exchange, have six market competitors who are also engaged in the Consumer Services sector. The table below presents an overview of their market standing.

CodeNameM. Cap.CloseYTD
RTGRainbow Tourism Group Limited345B138.00+1,456%
EDGREdgars Stores Limited61.1B102.60+980%
UNIFUnifreight Africa Limited27.9B258.00+400%
ZIMPZimbabwe Newspapers Limited6.18B11.00+356%
OKZOK Zimbabwe Limited151B120.91+274%
TRUWTruworths Limited3.84B10.00+264%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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