The Fidelity share price has been firming since the second half of last year. TN Holdings counter came second after growing 399% to 3,99 cents driven by the aggressive growth of the Tawanda Nyambirai-led gro-up.
TN has been aggressive to mobile deposits and although its model has been termed unconventional by a number of analysts, the group has continued on its expansion route.
Last year, TN leased 25 outlets from Rufaro Marketing to be turned in malls that provides banking, telecommunications and medical services. Cable manufacturer, Cafca was third growing 347% to 71, 50 cents from 16 cents in the previous year.
Despite being dogged by problems throughout the year, Rainbow Tourism Group (RTG) was in the top 10 of best counters for 2011. Its share prices firmed 123% to 2,90 cents from 1,30 cents recorded in 2010.
RTG shareholders have been fighting for the control of the hospitality group with the single largest shareholder, Nicholas van Hoogstraten saying he should have representatives on the board.
The feud has spilled into the New Year with the businessman saying he would block the proposed recapitalisation of RTG if the entire board is not fired.
On the bottom of the list was Star Africa whose share price moved southwards shedding 86% to 1 cent from 7 cents in 2010. Star Africa is beset with problems and announced in a statement for the interim period to September 30 2011 that its subsidiaries Red Star and R Chitrin and Company Zimbabwe have gone bust and have applied for voluntary liquidation.
