Anonymous

The OK problem is mismanagement and the scenes behind. The problem can not be solved economically but politically. If Z*** P* is got rid off, the situation goes to normal like the GNU error. It was about MDC good governance but simply that they had backers who had confidence in them. They wanted them to fight Zulu Alpha within. Here in Zimbabwe we have shadow politicians in the make of business persons who re filthy rich. During the day they raise their fist in support of Zulu Alpha but behind the scenes they don't like it at all. They manipulate the economy in order to make a crisis such that the poor are hurt hard and in retune or response they rebel against the Zulu Alpha Government. If Zulu Alpha is dispersed off we will be OK economically and the Zig we have it's buying power. No country will have a great economy using solely other countries money. It's a long way to go until Zulu Alpha yotorerwa chimuti.

🤔

This all comes to Ed, Mtuli and the Zanoids. This country is becoming embarrassing day by day and the economy is going bad

Maswerasei 

Owen

Economy yakafa 1999 pakaprinter Bob mari achipa mawarvets  muri kunetsana mahara 

Baba Tunde

Ok should turn the supermarkets into tuckshops. Simple. My Zanu PF brains

I think is the time that Zanu must pack all their staff and go just imagine closing a big shop like OK , how many people are they affected this is very seriously 😒 our beloved country is going to drain, it is time now 

It really does serve Ok zimbabwe right ,they disregarded several veterans at the heart of the company such as Mr Onathi Nkomo for the so called young blood, paid people meagre salaries and exploited people, introduced a terrible new software System designer to favour the elite executives , so it serves them right ,let them close 

Bakari 

ZimSketch

Its actually America that benefit from us using their currency

He won't. Zimbabwe is a lucrative investment destination, which has a modern army that protects Uranium deposits in the Congo

Formal businesses are having a currency crunch. They can't choose, convert or rate currency competitively, without facing jail time and hefty fines. The restriction was meant to curtail the parallel market and shield the ZiG from well-known structural problems in the economy. Complete dollarization may seem like an easy fix. But, just to get you thinking: What will we do if Donald Trump signs an Executive Order banning the use of US dollars in Zimbabwe?

OK ZW is a typical zim business run to ground. ndaiti Secretary George  gave them a hard time but hah chokwadi ndechekuti "things fall apart". not dissing the talent in zim, but the truth is team zhinji in management at a lot of organisations are B grade. corporate responsibility kuita basa nemazvo hapana. its just cars,cars, cares then fuel for the cars. a house with enough garages to park the "cars" and allowances to spend when driving the cars to "entertain" " business partners" to achieve goals set out at 'management meetings " ..zimbabwe ma2

You summed it up. I can't repeat your words man.

Vic Venom

The sole reason for OK's downscaling is OK themselves...How can a large cooperations synonymous with dodging taxes and underpaying their staff complain about economic issues...
OK for many years stood idly by relying on a business model from the 90s instead of restructuring to suit the 2020s ...Instead of ploughing significant resources into the delivery service and improving their online shopping experience, OK relied on the tired and antiquated brick and mortar approach... Nobody in the year 2025 finds the exercise of physical shopping to be fun or to be of great convenience...Vic Venom does not want to play an amateur Indiana Jones when exploring the myriad of aisles in OK supermarkets...Do not even get me started on the notoriously hazardous shopping trolleys that have the wheel alignment of a 16th century wagon....
As for the corporate structure of OK do not get me started...It is bloated to the point of absurdity... Instead of streamlining the organization,OK Zimbabwe actually ballooned their corporate office resulting in individuals getting paid to do the same job...
Vic Venom feels happy when he sees such legacy companies going out of business through shoddy business practices...Rant over sanity restored 

Chavhunduka 

yes i agree with you bro Ok Great Challenge akuna this 2025 year addition, i was in Chipinge town nezuru amuna kana chinhu mawa muground even today am now in Mtre ,the same song

D. 20

Wake up there is serious rigging. 2030 tinenge tiripo means whether ir not you vote for us we will win. 

'....govt incompetence...' 
Govt didn't just walk in and occupy those chairs, they were voted into that position by the citizens! 
Live with it, I guess

Even our OK here in kwekww has empty shelves . Lets hope they will not close it

🤦🏽‍♂️

Ku commerce vana vanovhunzwa ma characteristics of a departmental store, of a hyper market but none of those are in existence anymore. Barbours building is now a flea market, Greatermans is almost lost in time. All due to govt incompetence. And you find grown men dismissing the scale down by OK as insignificant 🤦🏽‍♂️

takeoff polo club 


OK Zimbabwe, the country’s largest retailer by store numbers, has shut down five branches due to a challenging trading environment, reported Business Weekly.
However, critics point to several factors behind the closures, including a bloated management structure with at least nine directors and over 30 senior executives, all with luxury vehicles and high perks.
Questions have been raised about decisions made by the company’s leadership, such as multiple land acquisitions and dividend declarations, which have reportedly tied up cash or misallocated funds in recent years.
In addition, OK has faced difficulties restocking, with many outlets experiencing empty shelves, particularly in food products. Suppliers are reportedly unwilling to provide goods on credit or in local currency.
The company is also struggling with US$17 million and ZiG537 million in outstanding payments to suppliers, some of whom have withheld supplies despite part payments.
In an internal memo, OK announced plans to cut its workforce, closing five outlets—Robson Manyika, Glen Norah, Kuwadzana Express, Mbare (all in Harare), and Chitungwiza Town Centre, as well as Entumbane in Bulawayo. A sixth branch is scheduled to close in March.
The closures will result in job losses, primarily targeting low-level workers, with severance pay set at one month’s salary for every year worked, along with three months’ notice pay and payment for unused leave.
The branches being closed are among those making losses or operating from rented spaces. OK operates 72 branches across Zimbabwe.
A company executive, who wished to remain anonymous, told Business Weekly that OK’s troubles are due to currency and economic issues in the US dollar-dominated economy. 
The retailer’s situation worsened after receiving goods on credit in US dollars, which they now struggle to pay off due to cash flow issues.
Despite the introduction of the Zimbabwe Gold (ZiG) in April 2024, which stabilized the local currency, it hasn’t improved OK’s fortunes.
The retailer also faces intense competition from the informal sector, where suppliers prefer cash transactions in US dollars, allowing informal traders to offer lower prices due to fewer regulatory burdens and tax obligations.
Award-winning journalist Hopewell Chin’ono, citing industry insiders, said that six more OK branches will be closing soon. He added:
These closures bring unemployment not only to OK Zimbabwe but also to downstream and upstream industries.
Downstream industries are businesses that rely on OK Zimbabwe to sell their products, such as farmers, suppliers, and manufacturers of goods stocked in the supermarkets.
Upstream industries are businesses that provide logistics like truckers that moved goods to OK Zimbabwe, packaging and maintenance service providers.



Well said, many times I even wonder why Zimbabwe is now infested with dunderheads yet every other jobless citizen is studying masters degrees. Why would one celebrate all informal country setup? I really wish if that war veterinarian could continue rattling cages of ****s like mnangangwa and wiknel, what the **** is really going on in Zimbabwe🤦🏽‍♂️

Corruptmore Looto 

Pretty soon the entire formal retail sector is going to collapse because of the regime's currency shenanigans. Just let the formal retailers use USD pricing without factoring in the exchange rate of the useless ZiG and everything will fall into place just like in the GNU period, forcing them to use the false exchange rate is only gonna make things worse for the formal sector while the informal sector does want it wants. To all the ščům who are busy enjoying this, just wait and see until the informal sector takes over, we will see if they continue charging those low prices which you are all praising and another thing they don't accept anything called ZiG so let's see where you will dump that useless currency of yours without the formal retailers who are forced to accept it. Dűmb
 people in this country make me mad busy praising informality, what sort of black empowerment is that huh, selling on pavements using torchlights or in the back of cars, that is regression you dűmb bäșťärds. 

coni

zanu pf yakafanana na satani inoba inouraya inoparadza mado4 achingochemera kuti ediot arambe aripachigaro achiputsa sababake satani what a shame

zanu pf yakafanana na satani inoba inouya inoparadza mado4 achingochemera kuti ediot arambe aripachigaro achiputsa sababake satani what a shame

surely ok Zim is struggling ndaive pa OK zuro yekwamakoni chitungwiza ma shelves haanna kana chinhu iyoyo soon irikuvahara futi zvoreva kuti this year akuna  OK grand challeng

Asi wanga usati wazvarwa 2006 - 2008.Because if u existed those two years,it's either u had dimentia and never so wat was happening around or maybe u lived outside the country,kana kuti wanga uchir sperm hako.
Which is which?

dolla

zvichireva kuti gore rino hakuna OK grand-challenge zve

Most of ok's customers macivil servants aitsvaga kwekurasira Zigi, takambozvitaaura kuti parestocking pane nyaya, barely a year later look at where we @ be oz of zanu 's bush economics strategies 

Are you living in Zim? If they charge bread at 90c you will say i want it in zwg converted at bank rate and it becomes 50c. It's not OK who is sleeping. It's government sleeping on the job.

jivaschihwehwete@gmail.com

Ok's strategic managers are sleeping on duty, they should know which currency is being used by most of it's  customers, in this case most people are using US dollars. But going to buy from you shall find its very expensive to buy using US dollar, and cheat in ZiG a currency that is held by few in formal employment.

S. Class 

007..

on a sad note.we already knew the kind of government we have..they dont care about the citizens clearly seen on the healthy sector.farming .just tu mention a few..everything so xpensive.over taxation of the most poorer.every 5 years chiefs given high terrain xpensive cars just only 4 intimidating the rural folks 4 them tu kip holding onto power.....et the end they cry foul....ma santions anotanga kuraurwa towards elections...mukaimukai kumaruwaa ukoo time up

Tape

Cash shops and runners is the new dawn.  i know a number of those outlets that charge usd only are owned by Zanupf big wigs .. to hell with them

To top it all gvt will no longer have revenue streams. You can't collect tax from tuckshops.

this was absolutely inevitable. imagine those prices that are being charged by informal traders runners etc..... they attract everyone making the supermarkets lose the ground. additionally, the tax burden on formal traders is too much imagine  from paying customs duty, VAT, sugar tax, NASSA to mention a few.  Operational costs due  load shedding and weak Zig currency which is its  value is manipulated by the state.  haaa zim tichasara nema vendor nemakorokoza chete

Marshmello

Haaa pakaipa vanhu avo vatorasikirwa nemabasa

Obvious, excluding telling the truth. Truth is concept you struggle to see.

🤣 so what is the truth according to you then?

🤣🤣 am now being referred to as a hate bot because I tell the uncomfortable truth that most of you skirt around in a squeamish manner... Rant over sanity restored 

jojo

ma doctorates ana musuri nyuve are not working at all. welcome back 2008 crush and don't blace the war veterans for this. 

Mudzviti

Zimbabwe is facing significant challenges in 2025. The economic situation has deteriorated, with businesses struggling to stay afloat. The withdrawal of international aid has exacerbated the crisis. Furthermore, the government's decision to require informal traders to pay taxes has added to the economic burden. Several major companies have been forced to retrench employees, contributing to the growing unemployment crisis. The ZANU-PF party's Agenda 2030 seems increasingly unrealistic in light of these challenges. Harina kumira mushe gore uri, ratanga zvakashata. 

dee~tales

The pop up face will likely be yours seriously. 
Very stu.pid

The face which will pop up is yours. Very stu.pid indeed 

...sinjonjo chaiyo. who cares they're busy singing 2030 mantra.You can never rig the economy. Never

Honour

You can't even spell "stupìd". 🤣🤣🤣 If you want to see someone STUPÍD, look in the mirror! 🤣🤣🤣

@anonymous 
Most probably you're one of the tuckshop owners who thrives on border jumping and evading duty payments.
Definitely you're a zanu pf bootlick.er who thrives on lawlessness and relieves himself at the back of your tuckshop.

Who runs OK? Do not lack knowledge like that.

Legacy stores are outdated and highly inefficient, run using colonial business logic. Saka tochema kuti OK yovhara kanti the goals of indigenization and empowerment have been met? Musaramba muchingoti "sir" munyika yakasununguka mhan

The goals of indegenisation my foot, most of those Tuckshops are owned by foreigners, black people are only vendors 

Those who ululate the closure of OK branches are outright supi.pt

This Vic Venom bot should be banned srs. It's a good hate bot but sometimes feels like the guy moderating this bot is damned poor

😎

Tell them, these are the low dishonoured souls are headlong into the gutter

Why would the real Vic Venom cry over the failure of a legacy company with inbuilt advantages and leeway when it comes to dodging taxes?...Rant over sanity restored 

Vic Venom


Cry my beloved country....Rant over sanity restored

Ctrl Alt Del 



🇿🇼 45yrs

New players like tuckshops all over the CBD really? 

The Curator 

Ana Mutomba supermarkets, Banks supermarkets, Chisvo Spar supermarkets and many more akasovhara kare, but that wasn't the end of the world. New players will come in the supermarket business. 

maenzanise

Patz

ED2030 gaining momentum as the economy is loosing momentum. Upper middle- income economy  is someone's day dream

Mbavha 

Masoja akarwira rusununguko kuti Chivhayo aite mari muripi ko 

Black forest 

some few months ago , a female  tourist from America (celebrity) was surprised to find existance of a supermarkets in my mother land Zimbabwe, and she announced it on social and faced a back lash from patriot Zimbabweans, but little did we know that she actually saw (spiritual eyes) supermarkets actually closing and the emergency of tuckshops which had grown everywhere like confetti.....

vigilante 

iyi ndiyo inonzi economy reset chaiyo big retailers vachagwama vese havasti vati 

Satan 👹

town center 😂 wanq ok yekuno ×3 prices of everything. swera tenga muspar ne spar rewards to reduce price😂 ma1

....

eeeh shamari gaya maheu e$1 for 3 ivo vaiita 90c each chero kuri kuda kutenga ma OK here 

Formal sector is overtaxed leading to higher prices. Forced to accept statutory instruments that the tuckshops do not follow. Government wants the death of formal sector.

PitothMaximus

😂😂 The formal sector overprices basic goods that's why people are now flocking to these tuckshops because they are like a quarter cheaper

Elon 

Vana vako vanototi baba vadzoka kubasa here uchisvika kumba nemafungiro ako iwayo

bro an ok burger cost $3 THREE mari wanzwa but spar 1 plus spar rewards ndiri tenga 0.50cent 50CENTS wanzwa. kidzidza chii apa kwana

makadzidza kupi wakambozvivhunza here kuti y vachidhura you r dull 

E.****

iyo Ok mbare madhuriro ayaiita,ko ye towncenter zvayo .ska hazvishamise vanga vaona kuti ma sells ema branches iwaya anga akadhakwa.coz btr kunotenga mutuckshop.kwete kuita mbiri yeku pushr trolley 

👀👀

zvinhu zvaakungooma mheno kt cy or chii,even muma tuckshops macho masales  ari very down or very low,tomboti ma back to xul,even maFridays mu bar munombozara hwahwa huchitoperevedza,bt its different now,

Wene Wacho

Zvayendwa izvo ukaona OK yavakuvhara zvitoro zvayo gore richingotangisa ko kuzoti panopera gore, kutonga kwaro .

kuwadzana 5

nhaimi ndicha charger phone yangu kupi?
ndaingoisa ma OK kuwadzana..ndozotenga hangu kuma tuckshop bcz OK mvura 5 litre is $2.50....tuckshop its $1

Tambaoga

ndaonawo sekudaro.He is running away from the truth.Grade 5 chaiyo inotoziva chakonzeresa kut ok ivhare

There's absolute truth in OK having an inflated management structure. Why would the board approve dividend payments, remunerate perks and make cash-intrinsic transactions like buying land, yet their core business is cash volume generation through product acquisitions and resale?  Ko vadii kutanga vaundura management iyoyo votengesa mazimota avanopiwa pasare vashoma, then free up cash to restock? Chigandanga papurazi kuuraya vashandi nenzara chirugu chehuku chakazara, hunzi vakuru ngavatange vadya. Haisi nyaya yenyika iyo. Ndeye OK!!! Ngatisasimbirira kurapa mhopo pamusana ipo pane ziso rine mbonje mhan

Ndaitwa!!

The article was taken from the Business Weekly, which is a Zimpapers publication, they won't say anything about the bad economy since they're a ZPf mouthpiece!!

dok25

The one writing the report seems to be blaming the management structure and how the shareholders run the company. One wonders whether the article was written by a trained journalist.

I'm sure we shall for a while walk in darkness until God brings on light. A mistake in forcing circumstances will bring on misery to the poor until God intervenes. How I wish my beloved Zimbabwe was united. 

Unotoshama uchiona makombi asina ma seat akaitamudungwe in front of OK vachitengesa groceries. No rent to pay, no wages to pay, no electricity to pay, no water to pay, no tax to pay. Do I go on and on? Saka price inotadza nei kuderera? And hoe can a sane customer not buy from the van instead of maOK or TM or Choppie. Informal sector taking the market by storm economy ichifa. Soko ngavabvume kuti varemerwa

varakashi 

@anonymous 
mind you, haisi OK chete iri kuvhara, it's just following the likes of Food World, Pick n Pay, Choppies, N Richards bla bla ....
Think mhani.

**** iwe, its not just OK suffering... Tongaat is retrenching workers....Cottco last pay salaries in 2022... Even the Giant Zimplats is retrenching workers.....the list is endless

So OK is your shining example of national development? An entity owned by a few individuals (although listed) manje ndiyo example yako yenational development?  What has hit this company "hard in the nuts" as you say is a lack of innovation, prioritization of non-core activities (e.g. pampering a myopic board of directors with unrealistically excessive perks)  and skewed assessment of the evolving retail environment. Was government responsible for directors opting to buy expensive vehicles vanhu vasingahori? Munozviitireiko zvelusanganisa zvinhu zvisingasangani?

luca

"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." Pindula published an article in which OK dismissed rumours of ongoing financial turmoil. However, nothing confirms the obvious like closing shops. The Giant like other chain store retailers has been hit hard in the n.uts by the corrupt ZANU pf economic policies that focus more on looting and plunder than national development , it's focused on the gratification of a few ediots

Ngavavhare maprices avo anga ave ekupnga ,more space ye ma tuckshops 

Aaah 😅, hayas maybe jokes are what we need to ease our suffering 😅😂😂

Emerson Dambudzo Mnangagwa

I Emerson Dambudzo Mnangagwa do solemnly swear that I I'll at best of my abilities try to destroy and loot Zimbabwe and it's resources as my as I can ill make sure kuti ma Zimbabweans amàmà kusvika vati taboe 

uri darcol, u always defend something that doesn't have a future for the pple

But you promote nepotism and cronyism in other spheres of society. Destruction is your modus. What can you do when you have destroyed everything? Agriculture, Industry and now retail. We all know you don't have the mentality for building.

We all know the reason why these legacy companies are shutting down in Zimbabwe...It has nothing to do with the economy but rather a shifting landscape within the retail sector...
Instead of innovation and looking towards the internet for solutions e.g. online shopping and delivery , OK and Pick and Pay made half ar$ed attempts at it and relied on old and tired trope of brick and mortar...
Vic Venom has always decried the negative effects of nepotism and cronyism in these large cooperations...A legacy of hiring within the family and inner circle has resulted in individuals in upper and middle management who only care about the now instead of the future ..This should serve as a lesson for other retailers still stuck in the past
...Rant over sanity restored 

Was kind'f rejuvenated by Chinese in Manhize new plant. To my surprise i don't see the benefit. Simbi dzacho dziri kuburitswa muno ari ma Bars to nowhere. I wonder. Ukuwo ma canteen ePovo akapazwa pakaiswa Kitchen yamai. Zvakaomera muZimba 

Mono

One of the biggest iron steel company in Africa Zisco steel was destroyed now it's just rust steel hanging there black people are masters of destroying things

Factual 

Vauraya nyika vakomana avoo they only care about their pockets, ngavangoita usd currency in the meanwhile bcz kuma business avo they dont zig apa ndivo varikuti ma multinational company vatambire 

Fireworks 

Mbavha dzakuwedzera,coz vamwe vana vacharega chikoro apa.Daidzai Chamisa apo

Roadkill

mazuva ekurara vanhu vakarindira hupfu ne sugar are around the corner,

dump dumper and the dumperor

2030 anenge achipo ..asi zvitoro zvichivhara

Factual 


Nyika inobirwa nevene vayo vp said so 😂😂😂😂😂😂😂😂😂

Garwe mupfondo

Gaffer 

While Chinese are here to stay. Nyika inovakwa nevene ichiputswa ne machinese 

Mafirakureva

And yet ZANU-PF only care about extending ED's presidential term. 🤣🤣🤣🤣

kkkkk

OK Zimbabwe, the country’s largest retailer by store numbers, has shut down five branches due to a challenging trading environment, reported <a href="https://www.businessweekly.co.zw/ok-zimbabwe-treading-in-choppy-waters-closes-five-branches/">Business Weekly</a>.
However, critics point to several factors behind the closures, including a bloated management structure with at least nine directors and over 30 senior executives, all with luxury vehicles and high perks.
Questions have been raised about decisions made by the company’s leadership, such as multiple land acquisitions and dividend declarations, which have reportedly tied up cash or misallocated funds in recent years.
In addition, OK has faced difficulties restocking, with many outlets experiencing empty shelves, particularly in food products. Suppliers are reportedly unwilling to provide goods on credit or in local currency.
The company is also struggling with US$17 million and ZiG537 million in outstanding payments to suppliers, some of whom have withheld supplies despite part payments.
In an internal memo, OK announced plans to cut its workforce, closing five outlets—Robson Manyika, Glen Norah, Kuwadzana Express, Mbare (all in Harare), and Chitungwiza Town Centre, as well as Entumbane in Bulawayo. A sixth branch is scheduled to close in March.
The closures will result in job losses, primarily targeting low-level workers, with severance pay set at one month’s salary for every year worked, along with three months’ notice pay and payment for unused leave.
The branches being closed are among those making losses or operating from rented spaces. OK operates 72 branches across Zimbabwe.
A company executive, who wished to remain anonymous, told Business Weekly that OK’s troubles are due to currency and economic issues in the US dollar-dominated economy. 
The retailer’s situation worsened after receiving goods on credit in US dollars, which they now struggle to pay off due to cash flow issues.
Despite the introduction of the Zimbabwe Gold (ZiG) in April 2024, which stabilized the local currency, it hasn’t improved OK’s fortunes.
The retailer also faces intense competition from the informal sector, where suppliers prefer cash transactions in US dollars, allowing informal traders to offer lower prices due to fewer regulatory burdens and tax obligations.
Award-winning journalist Hopewell Chin’ono, citing industry insiders, said that six more OK branches will be closing soon. He added:
<blockquote>
These closures bring unemployment not only to OK Zimbabwe but also to downstream and upstream industries.
Downstream industries are businesses that rely on OK Zimbabwe to sell their products, such as farmers, suppliers, and manufacturers of goods stocked in the supermarkets.
Upstream industries are businesses that provide logistics like truckers that moved goods to OK Zimbabwe, packaging and maintenance service providers.
</blockquote>

Pindula News

OK Zimbabwe, the biggest store in the country, closed five branches because they were struggling. People are blaming the company's leaders for making bad decisions and not managing money well. Suppliers don't want to give them products unless they pay in US dollars. The company owes a lot of money to suppliers too. They are cutting jobs and closing more branches to try to save money. The company is having a hard time because of the economy and competition from other stores. Even though the local currency got better, OK Zimbabwe is still struggling.

Retail Giant OK Zimbabwe Shuts Down Five Branches

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