OK Zimbabwe cuts payroll in rescue plan

OK Zimbabwe Limited, one of the country’s largest retail chains, was recently placed under voluntary corporate rescue

RETAIL giant OK Zimbabwe has suspended employee salaries and wages with immediate effect as part of measures to stabilise the struggling business, which is currently under corporate rescue. According to a resolution of the company’s Joint Works Council dated 22 May 2026, management and workers agreed to halt payroll payments while efforts are underway to…

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