Search results for 'closures'
South Africa
Pick n Pay’s Strategic Pivot: Online Growth Pacifies Physical Store Closures
The global retail landscape is undergoing a seismic shift, driven by the rapid rise of online sales and the gradual decline of traditional brick-and-mortar stores. This trend is reshaping the supermar
Feb 05, 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
Top Stories
After 19 Years, Mhembere Leaves Zimplats With a US$1.8bn Legacy. Segula Inherits the Next Test.
Mhembere joined Zimplats as chief executive on 1 October 2007, after previously leading Mimosa Mining Company. He retires as CEO and executive director of Zimplats Holdings effective 1 November 2026,
Oct 30, 2026Can Zimbabwe's Gold Output Hit 50 Tonnes and Export Earnings Top US$6 Billion After September's Sharp Decline?
Zimbabwe remains within reach of its 50-tonne gold target despite a 7.9% decline in September deliveries, with the industry's stronger production run-rate and elevated export earnings providing a foun
Oct 29, 2026
