OK Zimbabwe

OK Zimbabwe, the country's largest retail company, is locked in a fierce battle against informal traders who, according to the supermarket chain, are unfairly dominating the market and squeezing out formal businesses.
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While the government continues to spread the propaganda that the economy is on its revival path, Zimbabwe's retail and wholesale sector is recording losses due to the worsening hyperinflation that has gripped the nation.
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But Finance Ministry permanent secretary George Guvamatanga has brazenly clapped back at Karombo accusing him of being "useless" for failing to come up with innovative measures which ensure that the company and other formal retailers…
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The country's leading retailer and Zimbabwe Stock exchange-listed group OK Zimbabwe has pleaded with the new cabinet to put effective measures to resolve the currency crisis.
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Leading retailer, OK Zimbabwe says it has invested more than US$3 million in this year’s edition of its OK Grand Challenge Promotion. Group chief executive officer Max Karombo told journalists at the launch of this year’s Grand Challenge in…
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The Zimbabwe Stock Exchange-listed retail outlet OK Zimbabwe has finalised the acquisition of Food Lovers Market Zimbabwe as it extends its footprint on the market.
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The country’s largest retail group, OK Zimbabwe’s revenue for the financial year 22 is expected to nearly double to $52,24 billion on organic growth.
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Zimbabwe Stock Exchange-listed supermarket chain, OK Zimbabwe, says it has shut down two of its loss making units in Harare in an effort to preserve shareholder value.
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The country’s biggest retail group, OK Zimbabwe’s revenue for the first quarter of the financial year 2019 rose 20 percent above same period last year as the group maintains the growth trajectory reported at its year end.
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Listed retailer OK Zimbabwe’s profits went up by 174,6 percent to $16,6 million in the full year to March 31, 2018 from $6,1 million in prior year due to improved sales.
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