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

He volunteered to kill Zim This Mtuli

2030 ndendichipo m u c h a m a m a

😭

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

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?

Vote Zunu. If. Your savours

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

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

Welcome back to 2008 viva viva✊

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 🤦🏽‍♂️

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.

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

robert was better

zvichireva kuti gore rino hakuna OK grand-challenge zve

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.

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

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

Haaa pakaipa vanhu avo vatorasikirwa nemabasa

🤣🤣 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

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.

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

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

N Richards yakavhara kuTynwald

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

Masoja akarwira rusununguko kuti Chivhayo aite mari muripi ko

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.....

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

NDS 1 handeyi tione kusvika 2030

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

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

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

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

"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

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

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

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

Vanhua vese stove marovha ummm pasaat

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

Kuramba uri muzim dzangove nharo

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

nyika irku ma mi rwa nevene vayo

Deno ndiri Mtuli ndaitiza 😂🤞

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

2008 is repeating itself