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Cambria Africa Plc Ord 0.01P (CMB)

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18-Nov-2019 01:56 PM

Cambria Africa warns of hit from Zambia currency depreciation

Investment company Cambria Africa said it expected a worse-than-expected result due to a depreciation of the Zimbabwean dollar. The company said its operating profits in US dollars for the second half of the 2019 fiscal year 'did not meet management
31-May-2019 09:53 AM

Cambria Africa warns of profits as Zimbabwe's currency expected to swing lower

Cambria Africa said achieved record first-half profits, but warned that earnings in the second half of the year would be impacted by the rapid devaluation in Zimbabwe's currency. . 'The company expects its earnings in the second half to be impa
01-Feb-2019 02:25 PM

Cambria Africa swing to profit; warns of dimmed outlook in Zimbabwe

Cambria Africa swung to an annual profit after it generated higher revenue from its investments in Zimbabwean payments services and industrial solvents companies. The company, however, noted that recent political unrest in the African nation had dimmed t
23-Oct-2017 01:32 PM

Cambria Africa swings into profit

Cambria Africa has reported a profit before tax and minorities of $478,000 for the year ended 31 August 2017, which compares to a loss of $325,000 in FY 2016. The Company confirmed that this figure includes legal fees of $821,000 (2016: $819,000) and the
08-Sep-2015 07:59 AM

Cambria Africa posts losses

Cambria Africa has released results for the six months to the end of February and the year ending 31 August 2014 - both delayed by extenuating circumstances. The full year results show a loss of $15.6m - up from $11.9m. Revenues rose to $9.4m from $8.5m
26-Jun-2015 09:19 AM

Cambria Africa appoints non-exec

Cambria Africa has announced that Dipak Champaklal Pandya has joined the board as a non-executive director with immediate effect. Pandya was nominated by Ventures Africa Ltd which is entitled to nominate three additional directors under the share subscr
17-Jun-2015 02:40 PM

Watenphul joins Cambria Africa board

Cambria Africa has announced that Josephine Watenphul as a non-executive director with immediate effect. Watenphul was nominated under the share subscription agreement with Ventures Africa Ltd. Story provided by
06-May-2015 09:08 AM

Cambria deputy chairman steps down

Cambria Africa has confirmed that, as announced on 26 March, deputy chairman Paul Turner will step down from the post today. The company thanked him for the valuable contribution he had made during his tenure. Story provided by
24-Apr-2015 08:40 AM

Cambria non-execs step down

Cambria non-executive directors Itai Mazaiwana and Fred Jones will be stepping down from the board with effect from today. The company thanked them for their valuable contribution to the company during their tenure. The board will now comprise of Ian Pe
17-Mar-2015 01:55 PM

Cambria corrects releases

Cambria Africa has corrected figures it released when it announced a conditional share subscription agreement on 16 February and a wrong name in a release on 23 October. Cambria says it was incorrectly stated that the company will have 216,655,162 ordin
23-Oct-2014 08:28 AM

Cambria Africa sells hotel

Southern Africa-focussed investment company Cambria Africa has sold the Leopard Rock Hotel, including its external debt of US$ 0.2m, for cash consideration of US$ 2.5m. Cambria says this marks the end of a significant cash-drain on the company. The gr
26-Aug-2014 07:55 AM

Cambria completes acquisition of C&M

Cambria has completed its acquisition of leading Malawi chemical distributor Chemicals & Marketing Co with the admission to trading on AIM of 5,500,000 consideration shares. Story provided by
14-Jul-2014 07:56 AM

Cambria launches $10m claim against Lonrho

Cambria Africa, the southern Africa focussed investment company, has launched legal proceedings in the High Court against Lonrho. The particulars of the proceedings, inter alia, state that Cambria: · seeks to rescind the settlement agreement prev
27-May-2014 08:04 AM

Cambria acquires Malawi chemicals distributoror

Cambria Africa has executed agreements relating to the purchase of Chemicals & Marketing Company Limited, a leading Malawi chemicals distributor, for 5,500,000 ordinary shares in Cambria. Cambria says C&M provides immediate national distribution covera
23-May-2014 07:54 AM

Cambria unit in new distribution agreements

Cambria Africa subsidiary Millchem has received several key regional supply and distribution agreements. Cambria says these agreements mark significant further progress for Millchem, the first accredited 'responsible distribution" company in
02-May-2014 09:40 AM

Cambian shareholders refuse allotment proposal

Cambria Africa shareholders have rejected a proposal to allow the board to allot up to 49 million ordinary shares as if pre-emption provisions did not apply. Shareholders rejected the proposal at the annual general meeting. The other three resolutions -
27-Feb-2014 08:25 AM

Cambria operating losses narrow

Cambria Africa posts operating losses of $4.1m for the year to the end of August - down from $8.0m last time. Revenues and gross profit for the continuing operations - the Payserv and Millchem investments - were US$8.5m (2012: US$7.7m) and US$4.6m (2012
20-Jan-2014 07:47 AM

Cambria Africa central costs down 54%

Cambria Africa expects a loss before interest, tax, depreciation and amortisation for continuing operations for the year to the end of August of $3.6m - 52% down on last time. Cambria's central costs were reduced by 54% when compared to the equival
23-Sep-2013 09:57 AM

Cambria Africa CFO resigns

Cambria Africa chief financial officer Tania Sanders has resigned and will step down on 30 November. Cambria has appointed Rhonda Wells as group financial controller. She ill be joining Cambria from Mecom Group, where she is the group financial contro
01-Aug-2013 07:45 AM

Cambria completes sale of Celsys

Cambria Africa has completed the sale of its interest in Celsys Ltd. Story provided by
22-Jul-2013 07:57 AM

Cambria agrees $2.7m settlement with Lonrho

Cambria Africa has agreed a final settlement with Lonrho over all on-going disputes, loan assets, and management contracts. Cambria - which will receive $2,665,000 from Lonrho - says the settlement agreed relates to, among others, the Aldeamento Tur
19-Jul-2013 07:25 AM

Cambria unit completes $2m convertible debt deal

Cambria Africa has confirmed the completion of US$2m convertible debt by a subsidiary. Cambria said that further to its announcement of 9 May in relation to placing of convertible debt into Payserv by Nisela Capital, all regulatory approvals had been re
09-May-2013 09:10 AM

Cambria agrees new financing for Payserv unit

Cambria Africa has agreed new financing for its Payserv subsidiary through a $2m convertible loan with a subsidiary of Johannesburg-based Nisela Capital. The debt carries a coupon of 15%, has a maturity of three years and offers the opportunity to conver
16-Apr-2013 08:02 AM

Cambria Africa operating losses down 88%

AIM-listed turnaround investment specialist Cambria Africa posts pre-tax losses of $2.2m for the six months to the end of February - down from $15.0m a year ago. Revenues rose to $6.5m from $6.4m and operating costs fell to $5.4m from $7.8m last time. C
19-Feb-2013 07:59 AM

Cambria raises additional debt financing

Cambria Africa has successfully secured an additional $1.5m in debt financing from Consilium Investment Management bringing the total facility held with Consilium to $4.5m. The increased financing now available will be used to fund entry of Cambria&apos
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18-Jan-2021 07:00 AM

Economic Events - Today's Events

CN18/01/2021 03:30 retail sales18/01/2021 03:30 industrial output18/01/2021 03:30 GDPIT18/01/2021 09:00 CPIJP18/01/2021 04:30 revised industrial production ...

15-Jan-2021 02:25 PM

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