We have a plan to end stockouts, says OK Zimbabwe

OK Zimbabwe has closed 11 stores, which were no longer viable.

ZIMBABWE’s formal retail sector is at a crossroads, faced with a confluence of challenges that include “unfair” competition from the bourgeoning informal sector, supply chain complexities arising from exchange rate distortions and high operational costs among others. One of the country’s largest retail firms, OK Zimbabwe Limited (OK Zim) is among the worst affected. The…

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