Meikles
Encyclopedia
Meikles is the popular name given to Meikles Hotel in central Harare, Zimbabwe, Meikles' department stores in Zimbabwe
and Meikles Limited, the company which owns both the hotel, the department stores and Meikles' TM Supermarket
chain and other retail outlets.
The company owns stock in Rebserve and Kingdom Financial Holdings. It employs over 6,000 people.
The company was listed on the Zimbabwe Stock Exchange
in 1996 and its market capitalization
was ZW$6.3 trillion at the end of 2005.
to South Africa
. In 1892 the brothers opened a successful trading business in Fort Victoria
in Victoria Province in Rhodesia
. In 1915 Thomas Meikle opened a hotel in present-day Harare
. Meikles had social and cultural prominence as the premier hotel in Harare.
The company owns the Meikles Hotel , Cape Grace Hotel in Cape Town, South Africa and The Victoria Falls Hotel
in Victoria Falls in a joint venture arrangement.
Retail
Meikles Africa Ltd owns several department stores in Zimbabwe operating as Meikles , Greatermans and Barbours. The company operates the Zimbabwean franchise for the South African Health and beauty retailer Clicks and also owns the TM Supermarket chain.
Zimbabwe
Zimbabwe is a landlocked country located in the southern part of the African continent, between the Zambezi and Limpopo rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia and a tip of Namibia to the northwest and Mozambique to the east. Zimbabwe has three...
and Meikles Limited, the company which owns both the hotel, the department stores and Meikles' TM Supermarket
TM Supermarket
TM supermarket is a chain of supermarkets in Zimbabwe. They have branches in all cities and in most Zimbabwean towns. They are a part of the Meikles group of companies....
chain and other retail outlets.
The company owns stock in Rebserve and Kingdom Financial Holdings. It employs over 6,000 people.
The company was listed on the Zimbabwe Stock Exchange
Zimbabwe Stock Exchange
The Zimbabwe Stock Exchange, or ZSE, is the official stock exchange of Zimbabwe. It has been open to foreign investment since 1993. The exchange has about a dozen members and over 65 listed securities...
in 1996 and its market capitalization
Market capitalization
Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company...
was ZW$6.3 trillion at the end of 2005.
History
In the late nineteenth century three brothers, John Meikle (1868-1949), Stewart Meikle and Thomas Meikle (1862-1939) emigrated from ScotlandScotland
Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...
to South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
. In 1892 the brothers opened a successful trading business in Fort Victoria
Masvingo
Masvingo is a town in south-eastern Zimbabwe and the capital of Masvingo Province. The town is close to Great Zimbabwe, the national monument from which the country takes its name.- History :...
in Victoria Province in Rhodesia
Rhodesia
Rhodesia , officially the Republic of Rhodesia from 1970, was an unrecognised state located in southern Africa that existed between 1965 and 1979 following its Unilateral Declaration of Independence from the United Kingdom on 11 November 1965...
. In 1915 Thomas Meikle opened a hotel in present-day Harare
Harare
Harare before 1982 known as Salisbury) is the largest city and capital of Zimbabwe. It has an estimated population of 1,600,000, with 2,800,000 in its metropolitan area . Administratively, Harare is an independent city equivalent to a province. It is Zimbabwe's largest city and its...
. Meikles had social and cultural prominence as the premier hotel in Harare.
Operations
HotelsThe company owns the Meikles Hotel , Cape Grace Hotel in Cape Town, South Africa and The Victoria Falls Hotel
Victoria Falls Hotel
The Victoria Falls Hotel is a historic hotel at Victoria Falls, Zimbabwe. The hotel is dramatically situated, with a view of the Second Gorge and the Victoria Falls Bridge from its terrace....
in Victoria Falls in a joint venture arrangement.
Retail
Meikles Africa Ltd owns several department stores in Zimbabwe operating as Meikles , Greatermans and Barbours. The company operates the Zimbabwean franchise for the South African Health and beauty retailer Clicks and also owns the TM Supermarket chain.
- Meikles Group website's FAQ section is listed under "Investor Relations".