Troubled retail giant OK Zimbabwe has reported a US$17.8 million loss for the half-year period ended September 30, 2025, as management intensifies efforts to raise capital and stabilise operations.Pre...
By Staff reporter | Published: 17 December 2025
Retailer OK Zimbabwe Limited is weighing the sale of an additional US$17,2 million worth of properties, over and above the US$10,5 million already earmarked for disposal, as it grapples with severe wo...
By Staff reporter | Published: 15 December 2025
Zimbabwe's near-term economic outlook is positive with growth anticipated to remain at 5 percent in 2026, the World Bank said Tuesday.According to the Zimbabwe Economic Update released by the World B...
By Staff reporter | Published: 04 December 2025
Debt-laden retailer OK Zimbabwe Limited (OK) has shut down 11 of its outlets in a sweeping consolidation drive aimed at reducing losses and alleviating liquidity pressures, the company announced in it...
By Staff reporter | Published: 22 November 2025
Once the pride of Zimbabwe's retail sector, OK Zimbabwe Limited is now fighting for survival after posting a US$25 million loss for the year ended March 31, 2025 - a dramatic fall that underscores the...
By Staff reporter | Published: 13 November 2025
OK Zimbabwe Limited has reported a US$25 million loss for the year ended March 31, 2025, more than doubling its US$12.4 million loss from the previous year, after revenues slumped by more than half am...
By Staff reporter | Published: 11 November 2025
Leading retail chain OK Zimbabwe Limited has reported a staggering US$25 million loss for the financial year ending March 31, 2025, as revenue plunged by more than half in what company chairman Herber...
By Staff reporter | Published: 08 November 2025
The estate of the late former Vice President Phelekezela Mphoko has officially been placed in the public domain following the publication of a notice by his widow, Laurinda Mphoko, inviting individua...
By Staff reporter | Published: 06 November 2025
Zimbabwe's pharmaceutical sector is facing collapse as a surge of low-cost generic drugs, mainly from China and India, floods the market - undercutting local manufacturers already struggling with high...
By Staff reporter | Published: 03 November 2025
Business couple Clark Clever Makoni and Beverly Aisha Ndonda Makoni have approached the High Court seeking to overturn a ruling by Regional Magistrate Stanford Mambanje, which dismissed their applicat...
By Staff reporter | Published: 25 October 2025
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Hotels and lodges in and around Mutare are enjoying a surge in bookings ahead of the 22nd ZANU PF Annual National People's Conference, with the local hospitality industry describing this week as one ...
By Staff reporter | Published: 10 October 2025
The Harare City Council has raised concerns over a growing problem of residents dumping sand and other solid waste into the city's sewer system, a practice officials say is crippling wastewater treat...
By Staff reporter | Published: 09 October 2025
The Zimbabwe Revenue Authority (Zimra) has imposed a US$2,054,250 civil penalty on OK Zimbabwe Limited, the country's largest supermarket chain, over alleged non-compliance with the Fiscal Data Manage...
By Staff reporter | Published: 04 October 2025
Struggling retail giant OK Zimbabwe Limited has confirmed receipt of US$20 million from a capital raise in August and is now weighing offers for supermarket properties to secure an additional US$10,5...
By Staff reporter | Published: 02 October 2025
Hwange Colliery Company Limited (HCCL) is set to ignite its newly refurbished US$8 million coke oven battery on Wednesday, marking a significant milestone in the company's industrial turnaround strate...
By Staff reporter | Published: 29 September 2025
The extradition case of Zimbabwean activist Wellington Masiwa, also known as Nyokayemabhunu, continued this week at Randburg Magistrates Court, highlighting the complex intersection of legal and polit...
By Staff reporter | Published: 26 September 2025
Harare City Council is reeling under a debt of more than ZiG8 billion owed by ratepayers, a backlog that officials warn is crippling service delivery and undermining the municipality's operational eff...
By Staff reporter | Published: 18 September 2025
FIFA has officially opened an investigation into South Africa for fielding midfielder Teboho Mokoena in their 2-0 victory over Lesotho during the 2026 FIFA World Cup qualifiers, despite the player bei...
By Staff reporter | Published: 18 September 2025
Since his arrest on 13 April, Wellington Masiwa has been in prison for illegally entering South Africa and for alleged fraud in Zimbabwe.Zimbabwean opposition activists believe the South African auth...
By Staff reporter | Published: 11 September 2025
The Government has cancelled the operating licence of a gold mining company that had been carrying out gold leaching activities near the newly built US$600,000 Globe and Phoenix Primary School in Kwek...
By Staff reporter | Published: 06 September 2025
A US lawyer with the same name as Facebook founder Mark Zuckerberg is suing the social media platform, arguing it keeps suspending his account while falsely accusing him of "impersonating a celebrity...
By Staff reporter | Published: 05 September 2025
Gold surged to a new all-time high on Tuesday, lifting Zimbabwe's economic prospects as the country continues to benefit from strong exports of the precious metal.Spot gold climbed 0,8 percent to a re...
By Staff reporter | Published: 03 September 2025
OK Zimbabwe has launched a sweeping turnaround strategy aimed at rescuing the country's largest supermarket chain from financial distress. Returning chief executive Willard Zireva described the compan...
By Staff reporter | Published: 02 September 2025
Willowvale Motor Industries (WMI) has earmarked US$5 million to launch its newly signed assembly partnership with Indian vehicle manufacturing giant Ashok Leyland, paving the way for the local product...
By Staff reporter | Published: 31 August 2025
The Zimbabwean Parliament is considering a proposal to amend existing tobacco control regulations to ban smoking in high-traffic public areas, amid growing concerns over the health risks associated wi...
By Staff reporter | Published: 25 August 2025
OK Zimbabwe posts US$17,8 million loss 
Hichilema meets Chivayo 
Millions celebrate Diwali festival in India 
Econet Zimbabwe to delist from ZSE 
Gold edges up as traders await guidance 
Mnangagwa fires Chitando, appoints Polite Kambamura 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
