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OK Zimbabwe Limited 2015 annual report

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Posted by admin 11 hours ago (http://feedproxy.google.com)
OK Zimbabwe Limited CEO: W.V. ZirevaSource: Biglaw IROutlookTo continue enhancing brand strength and improve sales growth, the Group will embark on full scope refurbishment of OK First Street and OK Marondera. Partial refurbishment will also be carried out at OK Gwanda and OK Mbare. A new OKmart will be opened in Mutare soon while a new OK store is under construction and will be opened in Zvishav

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Meikles posts $34,4 million loss in FY14, eyes the DRC market

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Posted by admin 14 hours ago (http://source.co.zw)
HARARE, July 3 (The Source) – Diversified concern Meikles Limited has reported a $34, 4 million loss for the full year to March 31, 2014 from a profit of $37 million during the same period last year.   Turnover for the group increased by eight  percent with all segments contributing to the increase except agriculture […]

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Meikles posts $34,4 million loss in FY14, eyes the DRC market

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Posted by admin 14 hours ago (http://source.co.zw)
HARARE, July 3 (The Source) – Diversified concern Meikles Limited has reported a $34, 4 million loss for the full year to March 31, 2014 from a profit of $37 million during the same period last year.   Turnover for the group increased by eight  percent with all segments contributing to the increase except agriculture […]

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Telecel pays licence fee installment for June

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Posted by admin 14 hours ago (http://source.co.zw)
HARARE, July 3 (The Source) – Telecel Zimbabwe, which is currently embroiled in a legal battle with government over the cancellation of its operating licence on Friday said it had paid its licence fee for June as part of the $137,5 million it owes to government.   In April government cancelled the company’s licence saying […]

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Telecel pays licence fee installment for June

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Posted by admin 14 hours ago (http://source.co.zw)
HARARE, July 3 (The Source) – Telecel Zimbabwe, which is currently embroiled in a legal battle with government over the cancellation of its operating licence on Friday said it had paid its licence fee for June as part of the $137,5 million it owes to government.   In April government cancelled the company’s licence saying […]

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Zimbabwe central bank says banking sector safe as Metbank recapitalizes

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Posted by admin 14 hours ago (http://source.co.zw)
HARARE, July 3 (The Source) – Zimbabwe’s central bank says the financial services sector is now safe and sound after hitherto weaker Metbank boosted its capital position to $31 million from $24,6 as at December, surpassing minimum capital requirements.   The central bank on Friday announced that it had initiated several measures to ensure that […]

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Zimbabwe central bank says banking sector safe as Metbank recapitalizes

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Posted by admin 14 hours ago (http://source.co.zw)
HARARE, July 3 (The Source) – Zimbabwe’s central bank says the financial services sector is now safe and sound after hitherto weaker Metbank boosted its capital position to $31 million from $24,6 as at December, surpassing minimum capital requirements.   The central bank on Friday announced that it had initiated several measures to ensure that […]

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GEM RioZim Investments ups stake in RioZim

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Posted by admin 14 hours ago (http://source.co.zw)
HARARE July 3 (The Source) – Resources group RioZim’s major shareholder, GEM RioZim Investments has increased its shareholding in the company after taking up more than 20 million ordinary shares following a $10 million rights issue which was subscribed by 67 percent.   RioZim directors proposed the rights offer in January this year to reopen […]

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