Cassava Smartech Zimbabwe Limited trading as EcoCash Holdings Zimbabwe (“the Company”) wishes to advise its shareholders and the investing public that the Zimbabwe Stock Exchange (“ZSE”) has halted trading in the Company’s shares listed on the ZSE pending publication of its audited financial statements for the year ended 28 February 2021.
The delay in publishing the Company’s audited financial statements was due to certain technical accounting matters which required additional time to resolve. These technical accounting matters have now been satisfactorily resolved and the Company expects to publish its audited results by 18 October 2021.
The Company would like to assure its shareholders and the investing public that the delay in publishing its accounts is purely due to technical accounting matters and is not because of any fraud or other financial misconduct. The Company continues to operate normally as a going concern as per the trading update issued on 6 September 2021.
The Company regrets any inconvenience caused to its shareholders and the investing public.
By order of the Board
Mrs C R Daniels
Group Company Secretary
1 October 2021
| Registered Office: 1906 Borrowdale Road, Borrowdale, Harare, Zimbabwe. Email: [email protected] Website: www.cassavasmartech.co.zw |
Registrars and Transfer Secretaries: First Transfer Secretaries (Private) Limited 1 Armagh Avenue, Eastlea, Harare, Zimbabwe Email: [email protected] |
DIRECTORS: Mrs S. G. Shereni, Mr M. L. Bennett, Dr Z. Dillon, Ms. E. T. Masiyiwa, Mr C. Maswi, Mr D. Musengi, Mr H. Pemhiwa, Mr D. T Mandivenga, Mr E. Chibi*, Mrs T. Nyemba*.
*Executive.
