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AFRICAN DISTILLERS · ZSE : AFDS

African Distillers

African Distillers Limited (Afdis) was registered as P J Joubert Limited in Bulawayo in April 1944, initially importing and distributing spirits, liqueurs and wines.

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Key statistics

Market cap
Shares outstanding
Day range
52-week range
Volume
Avg vol (30d)
P / E (ttm)
Dividend yield
EPS (ttm)
Beta (5Y)
AFDS price (ZWG)·1Y · +153.79%
6.419.0011.5814.1616.75
ZSE : AFDSZWG
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Founded 1944

African Distillers

African Distillers Limited (Afdis) was registered as P J Joubert Limited in Bulawayo in April 1944, initially importing and distributing spirits, liqueurs and wines.

www.africandistillers.co.zw

Founded
1944
Listed
1951
Financial year end
March
ISIN
ZW 000 901 102 5
Exchange
ZSE

African Distillers Limited (Afdis) was registered as P J Joubert Limited in Bulawayo in April 1944, initially importing and distributing spirits, liqueurs and wines. In 1946 it acquired a distillery in Mutare and began local production, renaming itself African Distillers (Rhodesia) Limited. The company became a publicly quoted company in 1951 and has operated on the Zimbabwe Stock Exchange since. Afdis is majority owned by Delta Corporation Limited and manufactures, distributes and markets branded wines, ciders and spirits for the Zimbabwean market and for export.

Corporate structure

Afdis is headquartered at Stapleford, near Harare, with production, warehousing and distribution facilities on site. Distribution is supported by six regional depots in Bulawayo, Harare, Kwekwe, Masvingo, Mutare and Victoria Falls, supplemented by countrywide Customer Collection Depots. The company operates as a subsidiary within the Delta Corporation group, governed by a Board comprising two executive directors (Managing Director and Finance Director) and seven non-executive directors, chaired by Delta's Group CEO.

No dated corporate timeline for AFDS yet. The company history above is drawn from the issuer’s own filings and published record.

Board & executive

Stewardship.

Composition of the board of directors and executive management team.

MMV
Matts M. Valela
Board Chairman
Matlhogonolo (Matts) Valela chairs the Afdis Board. He is also Group Chief Executive Officer of parent company Delta Corporation Limited, which he joined in 1996, progressing through senior finance roles before becoming Delta CEO in July 2021.
MN
Muchaneta Ndachena
Managing Director
Muchaneta Ndachena (BAcc Hons, CA(Z), MBA) was appointed Managing Director of African Distillers Limited on 1 April 2025. A chartered accountant who trained at Deloitte & Touche, she joined Delta Beverages in 1997 and held various senior finance positions, including Afdis Finance Director from 2012, before her appointment as MD.
AFN
Anele Franklin Ncube
Finance Director
Anele Franklin Ncube serves as Finance Director of African Distillers Limited, overseeing the company's financial management and reporting.
NS
Nancy Samuriwo
Director
Nancy Samuriwo serves as a Director on the African Distillers Limited Board.
SWK
Schalk W. Klopper
Director
Schalk W. Klopper serves as a Director on the African Distillers Limited Board.
RHMM
Rob H. M. Maunsell
Director
Rob H. M. Maunsell serves as a Director on the African Distillers Limited Board.
AM
Alex Makamure
Director
Alex Makamure (B Acc Hons, FCA(Z), LLB, FCIArb) represents the Delta Corporation group on the Afdis Board; he is Delta's Executive Director – Finance.
LM
Lydiah Mutamuko
Company Secretary
Lydiah Mutamuko serves as Company Secretary of African Distillers Limited.
SENS · ZSE

Announcements & cautionaries.

Regulatory filings, dividend declarations and trading updates.

All filings →

No recent filings for AFDS.

Latest results highlights

Financial performance.

Source: company filings via the Stock Exchange News Service.

No annual financials on file for AFDS. Key statistics — P/E, EPS and dividend yield — are on the overview above where a quote is available.

Investor relations

Calendar & register.

Forward-looking corporate calendar and the latest disclosed shareholder structure.

No scheduled events or published shareholder register for AFDS.