Why big retail shops are closing
The informalisation has nothing to do with it. The measures to stop the smuggling of goods have affected the formal retail shops, who were used to the illicit trade in commodities.
By Tapiwa Mashakada
23h ago
OK says it has begun restocking shops
OK said it was confident of restoring normal stocking levels before the closure of the current financial year.
By Business Reporter
Feb. 17, 2025
Letter to my people: The chaos proves you can never rig the economy
These ridiculous claims by Mthuli and John the Second show the penchant by the monetary authorities to blame everyone but themselves.
By Doctor Stop It
Feb. 16, 2025
Premium
US$7,2m wiped off OK Zim
The plunge comes amid branch closures and a wave of negative sentiment surrounding the company.
By Mthandazo Nyoni
Feb. 7, 2025
Premium
Banks race to save teetering OK Zim...massive deal twinned with bold restructuring plan
BANKS have stepped in to rescue OK Zimbabwe Limited, one of the country’s largest retail chains, from the brink of bankruptcy.
By Shame Makoshori and Freeman Makopa
Feb. 7, 2025
The horses have bolted
The retailer last month said it had been adversely impacted by a volatile operating environment like most of the formal retail sector.
By Newsday
Feb. 4, 2025
Tuckshops take over as supermarkets struggle to keep head above water
These are not typical corner stores but tuckshops, often operating out of small spaces and are known for their competitive pricing and personalised service.
By Evans Mathanda and Spanyoge Madziwa
Jan. 31, 2025
Ncube dismisses growing business closures, corporate rescues
Further, firms like cement manufacturer Khayah Cement Limited and clothing retailer Truworths Limited entered corporate rescue in December and August 2024, respectively.
By Blessed Ndlovu
Jan. 23, 2025
Ncube dismisses growing business closures, corporate rescues
Further, firms like cement manufacturer Khayah Cement Limited and clothing retailer Truworths Limited entered corporate rescue in December and August 2024, respectively.
By Blessed Ndlovu
Jan. 23, 2025
Premium
New movement vows to stop Mnangagwa third term bid, throws weight behind Chiwenga
News
Feb. 16, 2025
