No dividends as OK declares US$17.8 million loss, to shut down & sell more shops, Board Chairman Nkala goes home

OK Zimbabwe, the country’s largest listed retailer, is facing a deepening financial crisis, reporting a staggering US$17.81 million net loss for the half-year ended September 30, 2025. The dire results, coupled with plans for further store closur…

OK Zimbabwe, the country’s largest listed retailer, is facing a deepening financial crisis, reporting a staggering US$17.81 million net loss for the half-year ended September 30, 2025. The dire results, coupled with plans for further store closures and property disposals, highlight the severity of the retailer’s liquidity crunch. Adding to the turmoil, Board Chairman Herbert […]

The post No dividends as OK declares US$17.8 million loss, to shut down & sell more shops, Board Chairman Nkala goes home first appeared on My Zimbabwe News.