Kingdom Meikles Africa Limited · Harare Zimbabwe ·(Zimbabwe: MEIKLES)
Company Description
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Kingdom Meikles Africa Ltd. (formerly Meikles Africa) provides some nice accommodations in "stone building." The company began as a hospitality and retail group operating properties in several major cities across Zimbabwe (which means "stone building" in the Shona language) and in South Africa. Its retail chains include Meikles department stores; the TM Supermarkets; and the Zimbabwean franchise for Clicks Store pharmacies. Its portfolio of luxury hotels includes the five-star Meikles Hotel in Harare. Other activities include financial services and tea and cotton processing. Kingdom Meikles Africa was formed by the 2007 merger of Meikles Africa with Kingdom Financial Holdings, Tanganda Tea, and Cotton Printers. To read the full description, subscribe now.
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Key Kingdom Meikles Africa Limited Financials
| Company Type | - Zimbabwe: MEIKLES |
| 2007 Sales (mil.) | $1,377.5 |
| 2007 Employees | 6,177 |
Kingdom Meikles Africa Limited Executives
8 executives listed for Kingdom Meikles Africa Limited's Harare, location.
| Title | Name & Bio | Contact |
| Chairman | John Moxon | Network |
| CEO | Nigel Chanakira | Network |
| Executive Director Finance and Administration | Cecil Thorn | Network |
Competition
Competitive Landscape for Kingdom Meikles Africa Limited
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Kingdom Meikles Africa Limited Competitors
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