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OK Zimbabwe Rejects Collapse Rumours

2 months agoFri, 10 Jan 2025 08:33:32 GMT
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OK Zimbabwe Rejects Collapse Rumours

Images of empty shelves at OK Zimbabwe Limited stores circulating on social media recently sparked rumours of the company’s imminent collapse.

However, in a statement released on January 10, 2025, Group Company Secretary Margaret Munyuru dismissed these claims as false.

While acknowledging some product supply challenges during the recent festive season, Munyuru affirmed that OK Zimbabwe stores remain open and operational.

She said the company is actively working with suppliers and key stakeholders, including industry associations and regulators, to restore normal supply levels and stabilise the trading environment. Read the Statement by OK Zimbabwe Limited below:

It has come to our attention that there has been a surge of frenzied and speculative commentary circulating on social media platforms regarding the viability and going concern status of OK Zimbabwe Limited (“the Company”).

Click here: Pindula WhatsApp Channel
wa.me/channel/0029Vb4GVea90x2nCSDImS1b

 

We assure all stakeholders, including customers, shareholders, employees, and partners, that our stores are open for trading.

Although the Company faced intermittent product supply challenges during the festive period, we continue to serve our loyal customers and contribute to the economic growth and development of Zimbabwe.

We are grateful to our supplier partners, bankers and other stakeholders for their support at a time when the Company, as well as most of the formal retail sector, has been adversely impacted by a volatile operating environment.

We are actively engaged with our suppliers, and key stakeholders, including industry associations and regulators, to restore supplies to normal levels whilst working on solutions that stabilize the trading environment.

We are committed to transparency and open communication with all stakeholders. Our corporate pledge is to continue to make happiness tangible by planting smiles on our employees, customers, suppliers, shareholders and the communities we operate in.

Should there be any official updates or announcements regarding the Company’s financial status, they will be communicated through the appropriate channels in a timely and responsible manner.

We appreciate the continued support and trust of our stakeholders and look forward to serving you with excellence as always.

More: Pindula News

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22 Comments

nyongolo · 2 months ago
u a hiding the truth ,vanot ok Haina kudhakwa Kuta nekubhadhara vanhu vanoita monthly stock take ten dollars chaiyo kkkkk zvonyadzisa kkk yava inshark yakunyura mugungwa mainogara casa karombo pack and go
Anonymous · 2 months ago
Haaa dai munhu anonzi Karombo asiya basa vese ne executive yake zvinhu zvinoita. 2021 paakapinda ndipo pazvakatangira.
ZimSketch · 2 months ago
with this Zig-zag currency, they may fall to restock
kadora · 2 months ago
are you pindula dullards seeing that the economy is sinking 12000 feet down under to where there is titanic?at that level no deep ocean diver nor any submissiible can explore and rescue anything.thats what is going to happen to ok sim and pick pay apa blindly supporting your vendors who dnt pay a cent to the gvt,landlords and zimra
Anonymous · 2 months ago
Nice photo Pindula. Next time take a photo of shelves. Only tissues, detergents occupy most of the shelves in OK shops
Pele · 2 months ago
@aAccount holder, opening shop doors is different from opening for trade. Plus ayibhadhare zvayo
Andrew Chinamhora · 2 months ago
the playing ground is littered with too many potatoes and mud.its no longer business as usual.zid is crippling smooth Operations
Ediots · 2 months ago
The Ediots have created a hostile business environment in Zimbabwe. the economy is devouring its own. even the politically leaning Ok is feeling the heat.
Anonymous · 2 months ago
OK Stores is no longer the same
dck · 2 months ago
this time pakayipa coz ndoyega iri kutatarika dzimwe dzichiyenda mberi zvasiana na08 patayiti mwana wese
maenzanise · 2 months ago
got nothing to do with me really
Account Holder · 2 months ago
I've worked for OK,this has happened several times before but still they are here..OK haivhare zvekudaro those guys are strong financially
# · 2 months ago
kungoramba havo but kumagumo kune nyaya
· 2 months ago
Ngaivhare isu vema tuckshop timboita mari
Rhodes and Founders · 2 months ago
I pray that they stay afloat and survive the storm
Anonymous · 2 months ago
I pray with you. That is two of us. In the Name of Jesus, it is is established. Amen.
Anonymous · 2 months ago
Don't pray for ok.rega zvimame
Mufakose massive · 2 months ago
Ok ndeye**** this days Ok mufakose yakazara mineral water mashelf ase ngaivhare zvayo 🤣🤣🤣
mureza · 2 months ago
ok yapera zvayo
Mike · 2 months ago
Even chingwa hachichauye kwa OK 😭

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