MEIKLES Limited (Meikles)’s diesel consumption grew by 53 percent to 3,12 million litres in 2024 from 2,04 million litres in the prior year primarily driven by persistent power outages which necessitated increased use of diesel-powered generators.The growth in diesel consumption means additional operating costs for the retailer — which also requires huge volumes for its…
Power outages catapult Meikles diesel usage
The company recorded a 102 percent increase in revenue, reaching ZWL10,4 trillion in 2024 from ZWL5,2 trillion in 2023.