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 28.1 billion, which is about 1.29% of the Zimbabwe Stock Exchange equity market.

MEIK108.6957 ▴ 8.6957 (8.7%)
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume2,300
Number of Deals
Gross Turnover250,000.11
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding258M
Market Capitalization28.1B
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 108.6957. MEIK closed its last trading day (Tuesday, October 4, 2022) at 108.6957 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording an 8.7% gain over its previous closing price of 100.00 ZWL. Meikles began the year with a share price of 125.1004 ZWL but has since lost 13.1% off that price valuation, ranking it 41st on the ZSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 9% increase of MEIK share price since September 6th, which is 21st best on ZSE.

Meikles is the 27th most traded stock on the Zimbabwe Stock Exchange over the past three months (Jul 6 - Oct 4, 2022). MEIK has traded a total volume of 1.56 million shares valued at ZWL 169 million over the period, with an average of 24,768 traded shares per session. A volume high of 381,900 was achieved on July 6th 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 seven market competitors who are also engaged in the Consumer Services sector. The table below presents an overview of their market standing.

CodeNameM. Cap.CloseYTD
ASUNAfrican Sun Limited15B18.0286+181%
UNIFUnifreight Africa Limited5.15B47.50+58.5%
EDGREdgars Stores Limited4.05B6.80+56.3%
TRUWTruworths Limited998M2.60+30%
OKZOK Zimbabwe Limited42.9B34.3391+25.1%
RTGRainbow Tourism Group Limited19.6B7.8591+0.76%
ZIMPZimbabwe Newspapers Limited1.63B2.8963-0.47%

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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