Rival retail operator Pick n Pay is also opening new stores in Zimbabwe.
OK Zimbabwe has, however, not entirely been spared the greater challenges afflicting Zimbabwe, with stock replenishment still a challenge, given the disarrays in the country’s financial and productive sectors. The alternative would have been to import, but with foreign currency shortages persisting, this will be a difficult option.
As a result of key challenges being encountered by retailers, OK Zimbabwe expects that “product supply remains a challenge and strategic linkages with suppliers will be key to ensure the stores are stocked” adequately.
Notwithstanding this, OK Zimbabwe has opened two new outlets in the period under review, while about four others were given a facelift. It also intends to continue with an expansion and store refurbishment programme.