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

Edgars profit narrows on rising expenses

HARARE, September 18 (The Source) – Apparel retailer Edgars Stores’ after-tax profit for the six months to July 5 marginally declined to $1,045 million  from $1,097 million registered in the prior year on increasing expenses, the company reported on Thursday. Despite revenue climbing to $31… Read More