Ok Zimbabwe Limited - The Zimbabwe Independent

Topic : Ok Zimbabwe Limited

Retail sector: Critical look at OK Zim and Pick n Pay

Zimbabwe’s retail sector is valued at US$2,5 billion in 2025 (+7% year-on-year).

By Equity Axis Jan. 9, 2026

Retail sector: Critical look at OK Zim and Pick n Pay

Nkala out as OK chairman, as board gets reconstituted

Last month, OK explained that the board would be reconstituted to introduce fresh expertise and new perspectives.

By Tatira Zwinoira Dec. 18, 2025

Nkala out as OK chairman, as board gets reconstituted

OK mulls more property sales as working capital dries up

“The group has additional owned properties worth US$17,2 million, and these may be disposed of to fund working capital requirements, should it be necessary, and subject to board approval.”

By Tatira Zwinoira Dec. 15, 2025

OK mulls more property sales as working capital dries up

OK Zimbabwe turns to supplier-finance schemes to maintain stock levels

“The group incurs incremental interest expense under the arrangement should it fail to meet the finance provider settlement date,” OK added.

By Tatira Zwinoira Dec. 5, 2025

OK Zimbabwe turns to supplier-finance schemes to maintain stock levels

OK closes 11 stores to curb losses

The audited results on the loss-making position for the year ended March 31, 2025 was an improvement of 15,5% from the initial unaudited loss of US$29,61 million first reported by OK.

By Tatira Zwinoira Nov. 20, 2025

Zimra slaps OK with US$2m penalty amid financial woes

The FDMS is a tax compliance mechanism that requires retailers to link their point-of-sale systems directly to Zimra’s servers, enabling real-time monitoring of transactions.

By Tatira Zwinoira Oct. 3, 2025

Zimra slaps OK with US$2m penalty amid financial woes

OK engages buyers for its properties, amid technical insolvency

In August, OK successfully raised US$20 million through a renounceable rights offer, which was fully subscribed following strong shareholder participation and underwriting support.

By Tatira Zwinoira Oct. 1, 2025