A+ RATING BY THOMAS MURRAY DATA SERVICES
119 NUMBER OF EMPLOYEES (GROUP, COMPANY)
DIVIDEND PER SHARE (COMPANY)
LETTER FROM THE CHAIRMAN
Despite the socio-economic developments and political agitations/instability, we are delighted to report that CSCS Plc continues to perform well as our financials show.
We attribute this good performance to several factors including the growth of our non-traditional products and services to drive auxiliary income as part of strategy implementation; our sound corporate governance model; skilled workforce and technology.
We continuously strive to create value for our shareholders by developing products and services in addition to our core business. To this end, our marketing efforts have been re-energized to establish us as leaders in the document management services space with clientele across several business sectors and in Government. We have also founded an innovation hub that will serve to nurture new ideas and develop exquisite solutions and services which will provide added value for our Clients and Stakeholders, as well as, help us to achieve revenue growth and business process improvements.
As part of our strategy for sustaining standards, we subject our business to regular assessment by reputable CSD Rating Agency, Thomas Murray Data Services. We are happy to report that we received an improvement in our rating from A to A+, which denotes a ‘low’ overall risk and is a significant milestone towards becoming a globally respected and leading Central Securities Depository in Africa.
We will continue to stretch ourselves to ensure that our strategic objectives are met, so as to achieve long term value creation for our Shareholders and Stakeholders. We will continue to ensure discipline in the management of our human and fiscal assets that help in sustaining business continuity and growth of our company. We will continue to improve on conditions for employment to ensure that we attract the best in class professionals to help support Management in strategy execution and to ensure that the Company has a robust succession pipeline.
Thank you for your continued support and contributions towards the progress of our company.
Oscar N. Onyema OON