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Topic: ok zimbabwe

OK Zim's 'Grand Challenge': US$37,4m debt spiral as more stores close

This breakdown in trust created a “vicious cycle” where empty shelves further eroded sales, leaving the group unable to generate the liquidity needed to clear remaining balances....
Business
By Tatira Zwinoira 54 minutes ago
OK Zim's 'Grand Challenge': US$37,4m debt spiral as more stores close
Explosive OK Zim revelations, Grand Challenge boob nearly killed haemorrhaging giant
Premium
Explosive OK Zim revelations, Grand Challenge boob nearly killed haemorrhaging giant
Local News
By Mthandazo Nyoni 3 days ago
Zim’s retail giants teeter as currency woes tighten grip
Premium
Zim’s retail giants teeter as currency woes tighten grip
Business
By Tatira Zwinoira 7 days ago
Global price shocks, local policy failures: Zim can future-proof formal economy
Global price shocks, local policy failures: Zim can future-proof formal economy
Opinion
By EDDIE ZVINONZWA 16 days ago
Nearly half of Zim’s industrial capacity lies idle
Local firms such as Truworths Limited, Beta Holdings and Khayah Cement Limited have also entered corporate rescue, while others have exited the market altogether. ...
Business
By RUTH MASEKO 18 days ago
Nearly half of Zim’s industrial capacity lies idle
RBZ defends tight policy amid wave of corporate distress, outcry
Instead, he argued that the current policy framework had stabilised the economy following years of monetary instability....
Local News
By CONCILIA MUPEZENI 30 days ago
RBZ defends tight policy amid wave of corporate distress, outcry
ZSE halts OK trade as giant enters receivership
The Zimbabwe Stock Exchange (ZSE) on Thursday suspended trading in OK Zimbabwe Limited shares with “immediate effect”,...
Local News
By Mthandazo Nyoni 1 month ago
ZSE halts OK trade as giant enters receivership
ZSE suspends trading in OK shares after corporate rescue deal 
OK reportedly filed for corporate rescue at the Master of the High Court’s Office in terms of Section 125(1)(a)(i) of the Insolvency Act on Tuesday. ...
Business
By Tatira Zwinoira 1 month ago
ZSE suspends trading in OK shares after corporate rescue deal 
OK Zim battles to stay afloat
Kudakwashe Taimo, a financial analyst at Fincent Securities, said a turnaround remains possible but warned it will be slow and capital-intensive. ...
Local News
By Mthandazo Nyoni 1 month ago
OK Zim battles to stay afloat
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