Wealth Hub
A Global Research
Meikles Hotel Harare
Meikles Hotel Harare
Meikles Details
Legal NameMeikles Limited
DescriptionMeikles is a prominent Zimbabwean company with a rich legacy spanning decades, excelling in diverse industries such as hospitality, retail, and agriculture. Committed to excellence and innovation, Meikles continues to be a driving force in the country's economic growth.
Number of Employees500 (2022)
Year Founded1892 (131 Years Ago)
Revenue
(After Taxation)
ZWL$66 Billion (2022)
Type
Public Conglomerate
Traded As
ZSE: MEIK.ZW
Key People
  • John Moxon (Chairman)
  • M. R. Mycroft (CEO)
Subsidiaries
  • TM Supermarkets
  • Meikles Hospitality
  • Meikles Guard Services
  • Thomas Meikles Properties
Official Webistes
Headquaters
91 Robert Mugabe Road, Harare, Zimbabwe
Meikles Profile Image On Wealth Hub

Meikles Limited

Hospitality & Retail Company

Estimated Market Value (USD)
$45 Million
$5 Million
(11%)
Global Rank
-
World Wide
Country Rank
Zimbabwe Flag#9
Industry Rank
#1

In the heart of Zimbabwe's bustling business landscape stands a company that has not only weathered the storm of economic challenges but has also left an indelible mark on the nation's commerce. Meikles, a name synonymous with resilience and excellence, has been a cornerstone of Zimbabwe's corporate landscape for over a century. This article delves into the rich history, diverse portfolio, and internal structure of Meikles, shedding light on the enduring legacy of this iconic Zimbabwean company.

Company History

Meikles has a history that stretches back to 1892 when it was founded by Thomas Meikle. What began as a small trading store in Salisbury (now Harare) during the colonial era has evolved into a formidable conglomerate with a multifaceted presence across various sectors. Over the decades, Meikles has navigated the tumultuous waters of Zimbabwe's economic and political landscape, adapting and innovating to remain a driving force in the nation's economy.

The company's journey has been marked by milestones that reflect its commitment to progress and development. Meikles was one of the pioneers of mechanized farming in Zimbabwe, playing a pivotal role in the growth of the agricultural sector. Its foray into the hospitality industry has resulted in the establishment of world-class hotels and resorts, becoming synonymous with luxury and comfort.

Products and Services

Meikles' diverse portfolio spans a wide range of industries, making it a significant player in Zimbabwe's business landscape.

1. Hospitality: Meikles Hospitality division operates some of the country's most prestigious hotels and resorts, including the historic Meikles Hotel in Harare and the Victoria Falls Hotel. These establishments offer guests an unparalleled experience in luxury and service excellence.

2. Agriculture: With a deep-rooted history in farming, Meikles continues to contribute to Zimbabwe's agriculture sector. The company's agricultural arm engages in commercial farming, producing a variety of crops and contributing to food security in the nation.

3. Retail: Meikles is a well-known name in retail, operating a chain of supermarkets under the TM Supermarkets brand. These outlets are spread across the country, providing Zimbabweans with access to a wide range of consumer goods.

4. Real Estate: The company also has investments in the real estate sector, with a portfolio of properties that includes office complexes and residential developments, further solidifying its presence in the Zimbabwean economy.

5. Financial Services: Meikles Bank, a subsidiary of the company, offers a range of financial products and services, catering to the banking needs of individuals and businesses alike.

Internal Structure

Meikles' success can be attributed, in part, to its robust internal structure. The company is led by a seasoned and forward-thinking management team, with a focus on innovation and sustainability. The dedication and professionalism of its employees have been instrumental in achieving and maintaining the company's esteemed status.

Meikles' commitment to corporate social responsibility is evident through its various community development initiatives and investments in education, healthcare, and other essential services, thereby making a positive impact beyond the realms of business.

In conclusion, Meikles stands as a symbol of endurance, adaptability, and excellence in the Zimbabwean business landscape. Its rich history, diversified portfolio, and unwavering commitment to internal and external stakeholders have solidified its significance in the nation's economic development. As Zimbabwe continues its journey towards economic growth, Meikles remains a steadfast partner, contributing to the nation's progress, one milestone at a time.