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Premium

OK chairman to exit in restructuring move

The Zimbabwe Stock Exchange listed firm has been struggling to settle debts estimated at over US$30 million.
By Tatira Zwinoira 4h ago

OK to sell properties in capital raise

The proposal means OK will continue operating in some of the locations, without owning the underlying real estate.
By Tatira Zwinoira Jun. 27, 2025

ZSE rebounds by 3% in May, VFEX falters 6%

ZHL surged 82%, while Proplastics jumped 59%. On the other end of the spectrum, Zimpapers was the month’s worst performer, plummeting 44%.
By Kudakwashe Taimo Jun. 6, 2025

Organisations rise or fall on the back of leadership

At the time, the company was a shadow of its former self, struggling against more innovative competitors and an economic landscape riddled with challenges.
By Gloria Ndoro-mkombachoto May. 23, 2025
Premium

Relentless inflation batters pillar of Zim recovery hopes

They spoke as official data showed annual inflation making an astounding comeback in April, spiralling to 85,7% — up from 57,% in April 2024.
By Mthandazo Nyoni May. 9, 2025

Could the black market become the only market in Zimbabwe?

Retail customers turned to informal markets where they could pay in the US dollars they still preferred, and at the more reasonable black market exchange rate.
By Global Press Journal May. 8, 2025

OK says US$30m capital raise at advanced stage

Last month, OK’s board resolved to undertake a capital raise of US$30 million to bridge a funding gap, pay creditors and stabilise the company’s financial position.
By Tatira Zwinoira May. 5, 2025
Premium

State diamond miner mulls retrenchments

Impeccable sources with knowledge of the plan said ZCDC's state of finances had resulted in delayed salaries.
By Tinashe Kairiza Apr. 4, 2025

OK charts recovery plan, announces US$30m capital raise

This left retailers essentially selling goods at a discount, forcing consumers to turn to the informal sector for higher purchasing power.
By Tatira Zwinoira Apr. 3, 2025