TM Supermarkets

Turnover increased by 7.9% despite a negative rate of inflation in supermarket-related trading.

Meikles Mega Market

Meikles Mega Market plans to open an additional five branches in other city centers around Zimbabwe.

Meikles Stores

Two Meikles Stores will be opened in Gweru and in Harare, whilst the units in Bulawayo and Mutare are being re-designed.

Hotels

Phase two of the refurbishment of The Victoria Falls Hotel will start in the second half of the 2015 calendar year and should be completed by July 2016.

Mining

Meikles Limited, in conjunction with its partners, has been both exploring and identifying mining opportunities in Zimbabwe. Efforts in this regard are ongoing.

Meikles Financial Services

Meikles Financial Services (MFS) was created to provide financial services to customers who shop at any of the stores and supermarkets within the Meikles Group.

Meikles Guard Services

Meikles Guard Services’ objective to expand the number of contracts from outside the Group was largely fulfilled.

Meikles Hotels in Zimbabwe operates Meikles Hotel, and in partnership with African Sun Limited, the Victoria Falls Hotel. It strives to attain its stated goal of being “the leading hospitality and retail group” in Zimbabwe.

Situated in the central business district, Meikles Hotel is the premier 5-star hotel in Harare. The hotel building is a freehold property owned by Meikles. Meikles Hotel has 288 rooms, 30 suites, six restaurants, a swimming pool and gymnasium. Meikles Hotel is primarily a business traveller hotel, though the clientele mix includes leisure travellers.

The Victoria Falls Hotel is operated on a joint venture basis with African Sun Limited, with the property leased from the Merged Railways Properties. Situated in the Victoria Falls, the hotel has 160 rooms.

The stores portfolio has three outlets located in some main urban centres of Zimbabwe which trade under the well-known brands of Barbours and Meikles.