Botswana-based grocery retailer, Choppies, has announced that it will be exiting the South African market, four years after expanding into the country. It also stated that Festus Mogae would be… Read more »
KENYAN shareholders of the Botswana-headquartered retail chain, Choppies, will bailout the retailer to settle part of its supplier debt estimated at Sh600 million as it looks to restock its stores… Read more »
CLOTHING retail store, Power Sales, has shut down some of its branches in Bulawayo as it scales down operations citing the challenging economic conditions. Power Sales general manager, Mr Fanuel… Read more »
CLOTHING retail store, Power Sales, has shut down some of its branches in Bulawayo as it scales down operations citing the challenging economic conditions. Power Sales general manager, Mr Fanuel… Read more »
OK Zimbabwe has reportedly closed its shop in Rusape due to power cuts. The country is having a huge electricity shortage which has seen local power utility, ZESA, rolling out… Read more »
CLOTHING retailer, Edgars Stores Limited, expects the re-adoption of the Zimbabwean dollar as the sole currency of exchange to bring stability in the country’s economy. The group has said its… Read more »
Edgars Stores Limited says it is in the process of increasing interest rates charged on customer accounts due to inflation and increased cost of borrowing. In a trading update at… Read more »
Zimbabwe Stock Exchange-listed entity, Edgars Limited, says it intends to borrow more capital to fund its capex requirements, enhance growth in the micro finance unit and working capital, which has… Read more »
Confederation of Zimbabwe Retailers (CZR) president, Denford Mutashu, has appealed to government to shut down small businesses operating in the downtown area. Mutashu accuses them of rejecting electronic forms of… Read more »
Confederation of Zimbabwe Retailers Will not defend Businesses Selling Goods in Foreign Currency Confederation of Zimbabwe Retailers (CZR) president, Denford Mutashu said that the association will not defend businesses that… Read more »
