Experience Profile

These have generally been corporate advisory assignments which involve providing expertise as a Sponsoring Broker and a Corporate Advisor. The intervention will also generally include road show marketing and promotion of transactions to canvass for support. We have arguably the most experienced stockbroker on the ZSE having been in senior level practice for well over 20 years and previous Chairman of the ZSE for most of that period. He is also past Chairman of the Listings Sub-Committee and the Treasurer. He was until recently a Board member in the current Interim Board representing the stockbrokers.

Bethel Equities have also been advisors to the Reserve Bank of Zimbabwe over the past 3 years and have been involved in the SIRTECH restructuring.

We have also been directly involved in the following mandates:-

Name Period Mandate Type
Zeco Holdings Limited February 2008 Sole
TN Bank July 2012 Sole

RESTRUCTURING, MERGERS, ACQUISITIONS AND CONSOLIDATION

Name Period Mandate Type
KMAL (Kingdom Meikles Africa Ltd) November 2007 (Merger with Meikles Africa) Joint
Zeco Limited November 2006 (Acquisition of Assets) Sole
Econet Limited March 2009 (Acquisition of Assets) Sole
Tedco Limited    December 2009 (Tedco acquisition of TN Hdgs) Sole
TN Holdings Limited   December 2009 (Listing of TN holdings) Sole
TN Holdings Limited January 2010 (Rights Offer) Sole
NMB Holdings Limited    March 2010 (Rights Offer) Sole
AFRE CORPORATION September 2012 (Rights Offer) Sole
RTG Limited June 2012 (Rights Offer) Sole
TN Holdings March 2011 (Private placement at TN Bank) Sole
TPH June 2012  (Privatisation/FINTRUST) Sole
TN Bank November 2012 (Mandatory Offer and Delisting) Sole
RTG (Rainbow Tourism Group) Rights Offer (October 2012) Sole
Lifestyle Holdings January 2013 (Mandatory offer and Delisting) Sole
ASTRA    LIMITED FINTRUST TO KANSAI PLASCON LIMITED(Jul 2013) Sole
ASTRA LIMITED OFFER TO MINORITIES/DELISTING (Jul 2014) Sole

Previous Assignments for Chief Executive Officer (GS Mhlanga)

IPO’s

Name Listing Period Mandate Type
CBZ Listing 1998 Joint
Econet Listing 2001 Joint
ZIMRE Listing 2000 Joint
SARe Listing (OTC) 2005 Joint

RIGHTS , BONUS AND WARRANTS

Name Period Mandate Type
Trust Holdings 2002 Joint
Truworths 2004 Sole
CAPS x 2 2000,2003 Sole/Joint
Econet x 3 2001,2004,2006 Sole
ZHL 2003 Sole

 

POSB(OTC)

Name Period Mandate Type
ZIB 2000 Sole
SARe 2002 Sole

This was original and pioneering development work on nationwide “Over the Counter” listing of the two Insurance firms through the Post Offices network. ZIB (Zimbabwe Insurance Brokers) was the first broad based listing which was not location specific to be followed by SARe (Southern Africa Re-insurance.) This involved massive nationwide training of POSB officials on trading and settlement rules.