HARARE, November 9 (The Source) – Retail group OK Zimbabwe on Thursday said its net income more than doubled to $5,1 million in the six months to September, from $2,3 million in the comparable period last year on increased revenue and inflationary pricing.
HARARE, July 27 (The Source) – Retail group, OK Zimbabwe says revenue growth of 19 percent during the first three months of its financial year to June is ahead of operating costs and bodes well for its prospects for a profit in the interim. Chief… Read More
HARARE, May 23 (The Source) – Zimbabwe’s largest retail operator, OK Zimbabwe reported an 800 percent increase in net income to $6,1 million in the year to March from $700,000 last year on improved revenue. OK Zimbabwe rebounded from a collapse in the 2016 full… Read More
HARARE, Feb 1 (The Source) – OK Zimbabwe, the country’s largest retail group, has announced the retirement of long-serving chief executive Willard Zireva. In a Zimbabwe Stock Exchange (ZSE) filing on Wednesday, OK Zimbabwe said Zireva would leave the company at the end of March.… Read More
HARARE, June 6 (The Source) – OK Zimbabwe reported an 88 percent decline in operating profit at $1,3 million for the year ended 31 March 2016 compared to $10,7 million in prior year as the increasingly competitive retail sector contends with declining consumer spend. Profit after… Read More