Search results for 'Zimbabwe Retail'
Companies
Government Induced Price Controls Dent OK Zimbabwe Net Sales

The macroeconomic headwinds arising from the government's implementation of price controls have dented the sales performance of OK Zimbabwe, the country's leading retail gem. However, the company has

Jun 30, 2024
Companies
Axia Unveils Ambitious Retail Expansion Plan for FY2025

Axia Limited, Retail Expansion, New Stores, TV Sales & Home, Transerv, Zimbabwe Retail, FY2025 Growth, African Retail Market, Retail Network Expansion, Business Development.

Sep 27, 2024
Companies
The Retail Apocalypse: CZR Pleads for President Mnangagwa's Intervention ‘as Authorities Continue Presenting Misleading Picture of Operational Landscape’

The Confederation of Zimbabwe Retailers (CZR) has formally solicited the intervention of President Emmerson Mnangagwa to salvage the remaining components of the structured retail and wholesale sector

Jan 27, 2025
Zimbabwe
South Africa’s 2025 Budget: A Fragile Lifeline for Zimbabwe’s Ailing Economy?

For Zimbabwean businesses and policymakers, this figure raises a pressing question: is it enough to pull South Africa—and the region—out of its economic quagmire? As Zimbabwe’s largest trading partner

Mar 13, 2025
Companies
OK Zimbabwe Market Update: Revenue Remains Below Break-Even, 3 More Stores to Close

Retail giant OK Zimbabwe Limited has released a crucial market update, providing shareholders and stakeholders with a transparent view of its ongoing battle to return to financial health. Following ca

Nov 21, 2025
Companies
Meikles Loss Skyrockets 11K% Amid Harsh Retail Climate

Meikles Limited has slipped deeper into the red, with its inflation-adjusted loss for the six months to 31 August 2025 ballooning to ZWG165.7 million, a dramatic surge from the near-break-even positio

Dec 15, 2025
Companies
Shoprite Holdings Delivers Robust 1HY26 Results: A Contrast to Zimbabwe's Retail Giants

Shoprite Holdings, South Africa’s biggest retailer by market capitalisation, sales, profit, number of employees and customer base and Africa’s largest supermarket retailer, has delivered a solid perfo

Feb 02, 2026
Companies
How Government Brought OK Zimbabwe to Its Knees: And Reformed Later

When OK Zimbabwe, the country's largest listed supermarket chain and a retail institution founded in 1953, filed for corporate rescue on 24 February 2026, it did not come as a shock to those who had

Mar 05, 2026
Companies
Edgars Grows Profit 139%, Funding Costs Keep Earnings Base Under Pressure

Edgars Stores Limited has reported profit after tax of USD 1.947 million on total revenue of USD 41.3 million for the 52 weeks ended 4 January 2026. That is a net margin of 4.7% on a revenue base that

Apr 17, 2026

Top Stories

GB Holdings Reports 96% Profit Collapse Despite 43% Revenue Growth

GB Holdings Limited has reported a profit after tax of USD 38,950 for the financial year ended 31 December 2025, a 96% collapse from the USD 1,029,508 recorded in the comparable period, despite total

1 day ago

Datvest Consumer ETF Delivers 45% Gain as Delta, Innscor Dominate Basket

The Datvest Modified Consumer Staples Exchange Traded Fund has reported a 45% year-on-year growth in the fair value of equity investments for the year ended 31 December 2025, with net assets attributa

Apr 23, 2026

Beyond the Agreements: Why Plumtree Has Become the Credibility Test of the Zimbabwe–Botswana BNC

Zimbabwe and Botswana have concluded the Fifth Session of their Bi-National Commission in Harare on 22 April 2026, with President Emmerson Mnangagwa and Botswana President Advocate Duma Gideon Boko co

Apr 23, 2026

Decoding the VP’s Speech at ZITF: Tobacco Targets, Value Addition Ambitions and Investment Commitments

Zimbabwe intends to produce more than 400 million kilograms of tobacco in the 2025/2026 growing season, up from the record 352.7 million kilograms delivered to the auction floors in 2025 at a combined

Apr 23, 2026

Ariston Names Farai Madziva CEO as Turnaround Enters Final Phase

Ariston Holdings Limited has appointed Farai Madziva as Chief Executive Officer with full executive mandate, effective from the departure of his predecessor Leon Nortier, who ceased to serve in the ro

Apr 22, 2026

Zimbabwe Approves USD 92Mn PPP to Unlock 1,200 Hectares at Victoria Falls: The Largest Single Land-Backed Infrastructure Deal

Government has approved a Public Private Partnership for the development of bulk infrastructure on Lot 1 of Jafuta Estate within the Masuwe Special Economic Zone in Victoria Falls, committing a combin

Apr 22, 2026

Zimbabwe Projects Cereal Surplus of Up to 965,000 Metric Tonnes Through March 2027 as Soyabean Output More Than Doubles

Zimbabwe has projected a national cereal surplus of between 550,945 and 964,945 metric tonnes through to March 2027, with total cereal production for the 2025/2026 summer season estimated at 2.74 mill

Apr 22, 2026

Zimbabwe’s New Banking Reality: The Informal Sector Holds the Future

In February 2026, the Reserve Bank of Zimbabwe (RBZ) removed balance enquiry fees and capped transaction charges across the banking system, directing all banks and deposit-taking microfinance institu

Apr 22, 2026