Forex shortage a blot on OK Zim’s revenue
Retail giant, OK Zimbabwe says it was forced to raise prices in the past year due to cost of sourcing foreign currency, as cash shortages continue to haunt the economy…. Read more »
Category Archives: Retail
Splash brings Mochachos to Zim
SOUTH African fast food franchise Mochachos officially launched in the Zimbabwe yesterday operating under the Splash Group. Splash acquired the franchise for local operations last year. Speaking to NewsDay at… Read more »
Pizza Hut African Literacy Project Comes to Zimbabwe
HARARE – The Pizza Hut African Literacy Project, the company’s new traveling campaign to get more of Africa’s children reading, reached Harare today. Dubbed the “Slice of Africa” journey, the… Read more »
Edcon could close flagship Edgars store
Edcon is considering closing its flagship Edgars store in the Johannesburg central business district (CBD) as part of a turnaround strategy to rescue the ailing retailer. At a recent gathering… Read more »
Masimba projects cautious outlook
LISTED construction company Masimba Holdings has projected a cautious outlook for its operaions in this year on account of persistent foreign currency constraints that are hampering most business operations across… Read more »
Zimre signs Pick n Pay as anchor tenant
Diversified financial services group, Zimre Holdings Limited, has entered into a deal with TM/Pick n Pay that will see one of the country’s leading retailers becoming an anchor tenant in… Read more »
Edgars drags tech company to court over $40 000
Edgars Stores in Bulawayo allegedly lost more than $40 000 it paid to a Harare company for supply of printers. The retail chain paid $43 000 into Nasraq Technologies’ bank… Read more »
New wholesale firm gains ground
GAIN Cash and Carry is fast gaining a significant share of Zimbabwe’s wholesale market, which was traditionally dominated by giants such as Mahomed Mussa. The company says its rapid penetration… Read more »
‘Expedite opening of Gulf Sunshine Bazaar’
Harare councillors have urged city officials to expedite the opening of the multi-million- dollar Harare Gulf Sunshine Bazaar constructed along Simon Mazorodze in Mbare to decongest the Central Business District…. Read more »
Simbisa revises Dubai entity acquisition terms
Simbisa Brands has revised the terms and conditions for the acquisition of Dubai based entity Foodfund following the change of circumstances at one of the outlets that was meant to… Read more »