TM Pick N Pay navigates turbulent terrain

Meikles said all obtaining subsidiaries generated positive cash flows during the period and the group remained strong, bolstered by the US cash balance from its offshore subsidiary.
By Tatira Zwinoira Feb. 28, 2025
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‘Liberalise exchange rate’ calls grow ahead of 2025 MPS

The CZR urged the central bank to introduce policies that strengthen confidence in the ZiG as the currency’s volatility continues to wipe out business and consumer earnings.
By Ashton Ndakusiya Feb. 6, 2025

Retailers wail over illicit goods

Consumers are turning to illicit goods for affordability, as goods in the formal establishments are increasingly becoming expensive in United States dollar and in local currency.
By Lee Musaidzi Jan. 29, 2025

Retailers crying for help

The retail sector is on the brink.
By Newsday Jan. 13, 2025

Retail reckoning: A year of upheaval, uncertainty

Zimbabwe Stock Exchange-listed OK Zimbabwe, with a countrywide network of about 60 branches, raised concerns last year over the weight of challenges confronting the sector.
By Mthandazo Nyoni Dec. 20, 2024

No to forced de-dollarisation: Retailers

United Kingdom-based economist Chenayimoyo Mutambasere said government had to do more to build trust in the local currency.
By Tafadzwa Mhlanga Oct. 2, 2024

ZiG: Retailers warning must be heeded

There is nothing to show for the injections as shortages persist on the formal market, forcing firms to source the US dollar on the parallel market.
By Newsday Sep. 26, 2024

Retailers push for dialogue amid tough environment

The call comes as prices of basic commodities have been rising recently, directly impacting the general public who are already struggling with low disposable income.
By Tafadzwa Mhlanga Sep. 23, 2024

OK Zimbabwe eyes cheaper supplies from Türkiye, China

“As we look ahead, the group remains optimistic about the business landscape and remains resolute in weathering any challenges.”
By Tatira Zwinoira Aug. 30, 2024