CAFCA LIMITED - Dividend Payment Date and Rate Change
Dividend Payment Date and Rate Change
Cafca Limited
Share Code: CAC
ISIN Code: ZW0009011942
DIVIDEND PAYMENT DATE AND RATE CHANGE
Notice is hereby given that the payment of dividend will now
take place on 20 December 2023.
The final gross dividend is(ZAR147.06048 cents). The dividend
is subject to SA Dividends Tax at the rate of 20%, unless a
shareholder qualifies for an exemption.
The double tax agreement between South Africa and Zimbabwe is
10%. As such, a South African shareholder that receives the
dividend, which is subject to SA Dividends Tax (where no
exemption in in place) will qualify for a 10% rebate from SA
Dividends Tax, being the Zimbabwean Withholding Tax of 10%.
The ultimate result is that the dividend will be subject to a
reduced withholding tax rate of 10% and subject to SA Dividends
Tax at a rate of 10%. The net rate for the SA shareholder would
therefore be ZAR117.64838 cents.
By order of Board
C Kangara
Company Secretary
20 December 2023
H.P Mkushi (Chairman) R.N Webster (Managing Director)
E.T.Z Chidzonga T.Chigumbu L.Corte S.E Mangwengwende
S.Maparura J.Tapambgwa
Date: 20-12-2023 07:56:00
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