Food Lovers Market shutdown exposes deeper turmoil at OK Zimbabwe

The impending closure of Food Lovers Market outlets in Borrowdale and Avondale signals a deeper crisis engulfing OK Zimbabwe, the country's largest retail group, which is struggling to stay afloat ami...

OK Zimbabwe net sales lower than budget

OK Zimbabwe  released a trading update statement advising its shareholders that the macro-economic environment continued to deteriorate as evidenced by declining consumption and continuing fallin...

OK Zimbabwe reports a massive revenue surge

RETAIL giant OK Zimbabwe issued a trading update statement indicating that it achieved revenue of $89.0 million against a budget of $82.5 million in the first quarter of financial year end 2012, rep...