Ok Zimbabwe CE Zireva retires

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

OK Zimbabwe PAT up 90pct in H1

HARARE, November 4 (The Source) – Retailer, OK Zimbabwe’s after tax profit for the half-year period to 30 September 2016 increased 87.1 percent to $2,3 million from $1,2 million in 2015 largely on lower costs. Chief executive Willard Zireva told an analyst briefing late Thursday… Read More

OK Zimbabwe HY revenue down 5pct

HARARE November 13 (The Source) – Zimbabwe’s largest retailer ,OK Zimbabwe has recorded a 4.8 percent decline in revenue to $232 million for the half year ended September 30, reflecting weakening consumer spending in the economy. Net sales were down 4.8 percent to $231 million… Read More