Our Vision

To be the leading “Transfer Secretarial”
Company in the Region

Our Mission

To timely deliver consistent “First” class value for money service to our customers driven by continuous innovation, research and development on products, management strategy, and technology; with staff who are highly trained, motivated and fairly rewarded

Board Of Directors

Mr. Campbell Musiwa

Non Executive Director

Mr Joshua Chimhanda

Non Executive Director

Mrs Mildred Chiri

Non Executive Director

Mr. Tanaka Musiwa

Managing Director

Mr. C. Vincent Musiwa

Non Executive Director

Mr Joshua Chimhanda

Non Executive Director

Mrs Jane Katsande

Finance Manager & Company Secretary

Corporate Background

We've been Around Since 1984

First Transfer Secretaries (Private) Limited “FTS” was established in 1984 as a subsidiary of RAL FHoldings Limited “RAL”. RAL changed its name to FMB Holdings Limited and later to ABC Holdings Limited. On 28 February 1999, FTS was sold to a former FMB General Manager, leading to it becoming a stand alone indigenous firm. FTS is situated at No. 1 Armagh Avenue, Corner Armagh Avenue & McChlery Road,Eastlea, Harare.

The strength of the company lies in the diverse skill base and solid understanding by its staff of the administration of complex corporate actions covering initial public offers, reverse listings, share splits, scrip dividend offers, redemption and conversion of special debt instruments, bonus issues and rights issues.

FTS’s milestones are highlighted in Appendix 1. Key staff is fully conversant with all secretarial aspects required to assist companies in raising capital through the capital markets. In addition to this, the executives have been at the forefront of the major privatisations and listings in Zimbabwe. The directors and management have been on the cutting edge in the development of innovative share transfer operational systems.

FTS entered into an alliance with a local software development company and the strategic move was geared at strengthening FTS IT competence. In addition, the company has recruited experienced IT resources that are capable of handling complex relational databases such as SQL.

In November 2000, the company extended its services to cover the Botswana Stock Exchange “BSE”. The company now controls approximately over 42% of the market share of counters on the ZSE and has remained as the leading transfer secretarial company in Zimbabwe. Our client profile is shown on Appendix 2 below.

In 2010 FTS were the lead bidders in a consortium that won the tender to establish the country’s first central securities depository (CSD). The CSD is now fully operational under Chengetedzai Depository Company Limited and FTS remains a shareholder in that entity to this day.

Milestones

2022
2022

2022 Highlights

  1. National Foods Limited – Cash Dividends Payment
  2. FBC Holdings – Cash Dividend Payment
  3. Rainbow Tourism Group – Cash Dividends Payment
  4. CBZ HOLDINGS – Cash Dividends Payment
  5. Willdale Bricks – Cash Dividend Payment
  6. GETBUCKS – Medium Term Notes
  7. Datvest ETF – Listing
  8. Annual General Meetings Conducted – 7
  9. Extraordinary General Meetings Conducted – 1
2021
2021

2021 Highlights

  1. National Foods Limited – Cash Dividends Payment
  2. FBC Holdings – Cash Dividend Payment
  3. CAPS Holdings – Cash Dividends Payment
  4. CBZ HOLDINGS – Cash Dividends Payment
  5. GB – Cash Dividends Payment
  6. Willdale Bricks – Cash Dividend Payment
  7. Proplastics – Cash Dividends Payment
  8. Hippo Valley – Cash Dividend Payment
  9. Zimbabwe Spinners – Cash Dividend Payment
  10. Unifreight – Cash Dividend Payment
  11. Turnall – Cash Dividend Payment
  12. Powerspeed Electrical Limited – Cash Dividend Payment
  13. Econet Wireless Holdings Limited – Cash Dividends Payment
  14. Air Zimbabwe – Scheme Meeting
  15. Annual General Meetings Conducted – 19
  16. Extraordinary General Meetings Conducted – 6
2020
2020

2020 Highlights

  1. National Foods Limited – Cash Dividends Payment
  2. CAPS Holdings – Cash Dividends Payment
  3. CBZ HOLDINGS – Cash Dividends Payment
  4. Hippo Valley – Cash Dividend Payment
  5. FBC Holdings – Cash Dividend Payment
  6. Unifreight – Cash Dividend Payment
  7. Powerspeed Electrical Limited – Cash Dividend Payment
  8. Willdale Bricks – Cash Dividend Payment
  9. Zimbabwe Spinners – Cash Dividend Payment
  10. Annual General Meetings Conducted – 19
  11. Extraordinary General Meetings Conducted – 3
2019
2019

2019 Highlights

  1. National Foods Limited – Cash Dividends Payment
  2. British American Tobacco – Cash Dividends Payment
  3. Lafarge Cement Zimbabwe – Cash Dividends Payment
  4. CAPS Holdings – Cash Dividends Payment
  5. Econet Wireless Holdings Limited – Cash Dividends Payment
  6. Astra Industries Limited – Cash Dividends Payment
  7. CBZ HOLDINGS – Cash Dividends Payment
  8. MASIMBA Holdibgs – Cash Dividends Payment
  9. PROPLASTICS – Cash Dividends Payment
  10. NMBZB – Cash Dividend Payment
  11. Hippo Valley – Cash Dividend Payment
  12. FBC Holdings – Cash Dividend Payment
  13. CAFCA Limited – Cash Dividend Payment
  14. Unifreight – Cash Dividend Payment
  15. GETBUCKS – Rights Issue
  16. Powerspeed Electrical Limited – Cash Dividend Payment
  17. Willdale Bricks – Cash Dividend Payment
  18. Zimbabwe Spinners – Cash Dividend Payment
  19. Rainbow Tourism Group – Cash Dividend Payment
  20. Crest Poultry – Scrutineering
  21. Victoria Foods – Scrutineering
  22. DTZ-OZGEO – Scrutineering
  23. Annual General Meetings Conducted – 19
  24. Extraordinary General Meetings Conducted – 3
2018
2018

2018 Highlights

  1. National Foods Limited – Cash Dividends Payment
  2. British American Tobacco – Cash Dividends Payment
  3. Lafarge Cement Zimbabwe – Cash Dividends Payment
  4. CAPS Holdings – Cash Dividends Payment
  5. Econet Wireless Holdings Limited – Cash Dividends Payment
  6. Astra Industries Limited – Cash Dividends Payment
  7. CBZ HOLDINGS – Cash Dividends Payment
  8. Masimba Holdibgs – Cash Dividends Payment
  9. Proplastics – Cash Dividends Payment
  10. NMBZ – Cash Dividend Payment
  11. Hippo Valley – Cash Dividend Payment
  12. FBC Holdings – Cash Dividend Payment
  13. CAFCA Limited – Cash Dividend Payment
  14. Unifreight – Cash Dividend Payment
  15. GETBUCKS – Cash Dividend Payment
  16. Rainbow Tourism Group – Rights Issue
  17. Annual General Meetings Conducted – 22
  18. Extraordinary General Meetings Conducted – 2
2017
2017

2017 Highlights

  1. National Foods Limited – Cash Dividends Payment
  2. British American Tobacco – Cash Dividends Payment
  3. Lafarge Cement Zimbabwe – Cash Dividends Payment
  4. Econet Wireless Holdings Limited – Cash Dividends Payment
  5. Astra Industries Limited – Cash Dividends Payment
  6. CBZ Holdings – Cash Dividends Payment
  7. MASIMBA Holdibgs – Cash Dividends Payment
  8. PROPLASTICS – Cash Dividends Payment
  9. NMBZB – Cash Dividends Payment
  10. Puzey & Payne Limited – Scruteenering
  11. Econet Wireless Holdings Limited – Rights Offer
  12. Zimasco (Private) Ltd – Scrutineering
  13. ZIMALLOYS – Scrutineering
  14. Annual General Meetings Conducted – 20
  15. Extraordinary General Meetings Conducted – 5
2016
2016

2016 Highlights

  1. National Foods Limited – Cash Dividends Payment
  2. British American Tobacco – Cash Dividends Payment
  3. CFI – Cash Dividends Payment
  4. FBC Holdings – Cash Dividends Payment
  5. Econet Wireless Holdings Limited – Cash Dividends Payment
  6. Astra Industries Limited – Cash Dividends Payment
  7. CBZ HOLDINGS – Cash Dividends Payment
  8. MASIMBA Holdibgs – Cash Dividends Payment
  9. PROPLASTICS – Cash Dividends Payment
  10. NMB Bank Limited – Cash Dividends Payment
  11. Monachrome – Scrutineering
  12. GETBUCKS – Cash Dividends Payment
  13. GETBUCKS – Listing
  14. BNC ASR PROGRAMME BOND – Listing
  15. NMB – NMB Housing Bond
  16. Annual General Meetings Conducted – 10
2015
2015

2015 Highlights

  1. National Foods Limited – Cash Dividends Payment
  2. British American Tobacco – Cash Dividends Payment
  3. First Mutual Holdings Limited – Cash Dividends Payment
  4. FBC Holdings – Cash Dividends Payment
  5. Econet Wireless Holdings Limited – Cash Dividends Payment
  6. Astra Industries Limited – Cash Dividends Payment
  7. CAFCA – Cash Dividends Payment
  8. BLUE RIBBON Concurrent Employees – Scrutineering
  9. BLUE RIBBON Concurrent Trades & Other – Scrutineering
  10. BLUE RIBBON Members – Scrutineering
  11. BLUE RIBBON Secured – Scrutineering
  12. BLUE RIBBON Preference Statutory – Scrutineering
  13. AFRASIA MEMBERS – Scrutineering
  14. AFRASIA CREDITIORS – Scrutineering
  15. AFRASIA EXISTING & UNIT TRUST ACCOUNTS – Scrutineering
  16. NMB – NMB SME Bond
  17. Annual General Meetings Conducted – 21
  18. Extraordinary General Meetings Conducted – 2
2014
2014

2014 Highlights

  1. National Foods Limited – Cash Dividends Payment
  2. British American Tobacco – Cash Dividends Payment
  3. First Mutual Holdings Limited – Cash Dividends Payment
  4. FBC Holdings – Cash Dividends Payment
  5. Willdale Limited – Clawback
  6. Annual General Meetings Conducted – 21
  7. Extraordinary General Meetings Conducted – 6
  8.  
2013
2013

2013 Highlights

  1. Rainbow Tourism Group – Rights Issue
  2. Tractive Power Holdings – Delisting
  3. Tn Bank Limited – Delisting
  4. Nmb Holdings Limited – Consolidation And Private Placement
  5. Astra Industries Limited – Cash Dividend Payment
  6. Pg Industries Limited – Debenture Interest Payment
  7. British American Tobacco – Cash Dividend Payment
  8. National Foods Limited – Cash Dividend Payment
2012
2012

2012 Highlights

  1. Afre Corporation Limited – Rights Issue
  2. Abc Holdings Limited – Rights Issue
  3. British American Tobacco – Cash Dividend Payment
  4. Bindura Nickel Corporation – Rights Issue And Private Placement
  5. Lifestyle Holdings Limited – Demerger And Change Of Name From Tn Holdings Limited
  6. Tn Bank Limited – Listing
  7. Econet Wireless Holdings Limited – Cash Dividend Payment
  8. National Foods Limited – Cash Dividend Payment
  9. Fbc Holdings Limited – Cash Dividend Payment
  10. Pg Industries Limited – Debenture
  11. Annual General Meetings Where Polls (Elections) – Rainbow Tourism Group Limited & Afre Corporation Limited
2011
2011

2011 Highlights

  1. Pioneer Corporation Africa Limited – Acquisition Of Unifreight Limited
  2. British American Tobacco – Cash Dividend Payment
  3. Fbc Holdings Limited – Cash Dividend Payment
  4. Tractive Power Holdings Limited – Cash Dividend Payment
  5. Red Star Holdings Limited – Delisting
  6. Econet Wireless Holdings Limited – Cash Dividend And Dividend In Specie Payout
  7. Pg Industries Holdings Limited – Debenture Interest Payment
  8. Abc Holdings Limited – Cash Dividend Payment
  9. National Foods Limited – Cash Dividend Payment
  10. Annual General Meetings Where Polls (Elections) – Rtg
  11. Where Conducted Efficiently By Fts. – Caps Holdings Limited
2010
2010

2010 Highlights

  1. Star Africa Limited – Rights Issue
  2. Cfx-Fs Limited – Rights Issue
  3. Interfin Holdings Limited – Cfx Take Over And Consolidation
  4. Fbc Holdings Limited – Rights Issue
  5. Econet Wireless Holdings Limited – Dividend Payout
  6. Nmbz Holdings Limited – Rights Issue
  7. Tn Holdings Limited – Rights Issue
  8. Pg Industries Zimbabwe Limited – Rights Issue And Convertible Debenture
  9. Medtech Holdings Limited – Rights Issue
2009
2009

2009 Highlights

  1. Cfx Fs Holdings Limited – Rights Issue
  2. Ndh Holdings Limited – Private Placement
  3. National Blankets Limited – Share Buyback Advisory
  4. Econet Wireless Holdings Limited – Scrip Dividend Offer
  5. Tn Holdings Limited – Reverse Listing Through Tedco Limited
2008
2008

2008 Highlights

  1. Zeco Holdings Limited – Initial Public Offer
  2. Cfx Financial Services Limited – Rights Issue
  3. Star Africa Corporation Limited – Scrip Dividend
  4. Afre Holdings Limited – Consolidation And Name Change From Fml
  5. Econet Wireless Holdings Limited – Scrip Dividend Offer
  6. Abc Holdings Limited – Rights Offer – Preliminaries
  7. Zeco Holdings Limited – Share Consolidation
  8. Aico Africa Limited – Share Consolidation From Cottco
2007
2007

2007 Highlights

  1. Nmb Holdings Limited -Scrip Dividend
  2. Star Africa Corporation Limited -Scrip Dividend
  3. Econet Wireless Holdings Limited – Scrip Dividend
  4. First Mutual Limited – Share Consolidation
  5. National Discount House Limited – Rights Issue
2006
2006

2006 Highlights

  1. Cfx Financial Services Limited – Share Swap And Relisting
  2. Econet Wireless Holdings Limited – New Register From Corpserve
  3. Cfx Financial Services Limited – Rights Issue
  4. Nmbz Holdings Limited – Rights Issue
  5. Zabg Limited – Rights Issue
  6. Ndh Holdings Limited – Rights Issue
2005
2005

2005 Highlights

  1. Zimbabwe Allied Banking Group Limited Amalgamation Of Three Financial Institutions
  2. National Discount House Limited – New Register
  3. National Discount House Limited – Rights Issue
  4. Cairns Holdings Limited – Rights Issue
  5. Rtg Group Limited – Rights Issue
  6. Nmb Holdings Limited – Rights Issue
  7. Fbc Holdings Limited – Share Consolidation
  8. Fbc Holdings Limited – Fbc And Sare Merger
  9. Tedco Holdings Limited – Share Consolidation
  10. Mfc Group Limited – Scrip Dividend
  11. Zsr Employees Scheme – Registering
  12. Tedco Holdings Limited – Rights Issue
  13. Caps Holdings Limited – Rights Issue
  14. Redstar – Initial Public Offer
2004
2004

2004 Highlights

  1. Cfx Holdings Limited And Century Limited – Merger
  2. First Banking Corporation And Sare Powerspeed – Merger
  3. Powerspeed – Scrip Dividend Offer
  4. Tedco Limited – Rights Issue
  5. Vanac Investments Limited – New Register-Conversion To A Public Company
2003
2003

2003 Highlights

  1. First Mutual Limited – Initial Public Offer
  2. Willdale Limited – Listing
  3. Powerspeed Electrical Limited – Scrip Divided Offer
  4. Rainbow Tourism Group Limited – Implementation Of An Employee Share(Ownership Program
  5. Mfc Group Limited Register – New Register
  6. Tedco Limited – Restructuring
  7. F.C Group Limited – New Register-Conversion To A Public(Company)
2002
2002

2002 Highlights

  1. Murray & Roberts Limited – Share Split
  2. David Whitehead Limited – Unbundling Of A Subsidiary
  3. Acquisition Of National Blankets Register – Unlisted Company
  4. Acquisition Of Aroma Bakeries Limited Register – Unlisted Company
  5. Abc Holdings Limited – Botswana – Preference Share Issue
  6. Caps Holdings Limited – Rights Issue
  7. Willdale Limited – Redemption Of Cumulative Convertible
  8. (Preference Anddebentures)
  9. Masaisai Trust Debentures – Unlisted Company
  10. Mashonaland Holdings Limited – Unbundling
  11. Wildale Holdings Limited – Rights Issue
  12. Medtech Holdings Limited – Rights Issue
2001
2001

2001 Highlights

  1. Century Holdings Limited – Initial Public Offer
  2. First Banking Corporation Limited – Initial Public Offer
  3. Astra Holdings Limited – New Listing
  4. Tractive Power Holdings Limited – New Listing
  5. Cairns Holdings Limited – New Listing
  6. Pg Industries Limited – Rights Issue
  7. Nmb Holdings Limited – Share Split
  8. Macmed Holdings Limited – Relisting
2000
2000

2000 Highlights

  1. Take Over Of Abc Register From Corporate Services (Private) Limited Botswana
  2. Zimbabwe Alloys Limited – Share Buy Back
  3. Schweppes (C.A) Limited – Share Buy Back
  4. Mhangura Copper Mines Limited – Delisting
  5. Eastern Highlands Plantations Limited – Delisting
  6. David Whitehead Textiles Limited – Rights Issue
  7. Mashonaland Unbundling Resulting In The Creation Of Powerspeed Electrical Limited
  8. Zesa Bonds – Administration
  9. Caps Holdings Limited – Scrip Dividend Offer
1999
1999

1999 Highlights

  1. Reverse Take-Over Of First Transfer Secretaries (Private) Limited By Mercantile Share Registrars
  2. Handled The Willdale Limited Rights Issue, Which Culminated In Three Registers.
  3. Cumulative Convertible Debentures
  4. Cumulative Convertible Preference Shares
  5. Cumulative Redeemable Preference Shares
  6. Rainbow Tourism Group Limited – Initial Public Offer
  7. Cairns Holdings Limited – Scrip Dividend
  8. Tedco Limited – Scrip Dividend
  9. Radar Holdings Limited – Scrip Dividend
  10. Macmed Holdings Limited – Scrip Dividend
  11. Bindura Nickel Corporation Limited – Scrip Dividend
Prior Years
Prior Years

Prior Years Highlights

  1. Initial Public Offers:

    1. National Merchant Bank Of Zimbabwe Limited(Nmb)1997
    2. Cotton Company Of Zimbabwe Limited(Cottco)1997