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
Audit exposes flaws in OK Zim’s stock controls
According to the auditors, management carried out stock counts between March 26 and April 4, 2025, as part of the year-end reporting process.
By Tatira Zwinoira
Nov. 14, 2025
The ripple effect: Rethinking real estate as a risk hedge in pension fund portfolios
Pension funds rely on collaboration across the financial sector.
By Millicent Sizara
Oct. 9, 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
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
Lifeline as OK raises US$20m from shareholders
Underwriters subscribed to the remaining 424 005 893 shares valued at US$4,61 million, fulfilling the terms of the underwriting agreement.
By Tatira Zwinoira
Aug. 11, 2025
ZSE rallies by 5% in July as VFEX breaks record
Zimbabwe Stock Exchange
By Kudakwashe Taimo
Aug. 8, 2025
Glimmer of hope in a sea of chaos
In a sea of chaos, the tide may be starting to turn. But whether this glimmer becomes something more enduring depends, as always, on one elusive ingredient — consistency
By Shame Makoshori
Aug. 8, 2025
OK shareholders approve US$30,5m capital raise, board shake-up
The capital raise will be done via the issuance of new shares to existing shareholders and the disposal of immovable assets.
By Business Reporter
Jul. 22, 2025
