Connect with us

Hi, what are you looking for?

BUSINESS NEWS

OK Zimbabwe Refutes Closure Rumors, Attributes Empty Shelves to Supply Disruptions

OK Zimbabwe Limited

OK Zimbabwe Limited has refuted rumors of an impending shutdown after images of empty shelves in some of its supermarkets circulated widely on social media.

Concerns among Zimbabweans escalated following the viral photos, prompting speculation about the company’s future and possible challenges.

In a statement released on Thursday, the company attributed the empty shelves to temporary supply disruptions during the festive season. The statement reassured stakeholders, including customers and partners, that operations were ongoing despite recent challenges.

OK Zimbabwe acknowledged facing intermittent supply issues but emphasized its commitment to serving customers and supporting the country’s economic development.

The company dismissed speculation about closure and assured the public that efforts were underway to address the stock shortages. Discussions with suppliers are ongoing to ensure shelves are restocked swiftly.

Advertisement. Scroll to continue reading.

The company also expressed gratitude to suppliers, financial institutions, and stakeholders for their support during a period marked by economic volatility.

OK Zimbabwe reaffirmed its dedication to transparent communication, promising to inform stakeholders of any major developments through official channels. The rumors about the company’s closure come amid a broader trend of retail sector challenges in Zimbabwe.

Other retailers, such as Choppies Zimbabwe and Food World Zimbabwe, have faced closures due to competition from the informal sector and economic pressures.

For comments, Feedback and Opinions do get in touch with our editor on WhatsApp: +44 7949 297606.

Advertisement. Scroll to continue reading.
Join Our WhatsApp Channel - https://whatsapp.com/channel/0029VayakkT60eBljXo25N2V

For comments, Feedback and Opinions do get in touch with our editor on WhatsApp: +44 7949 297606.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Catch More Updates Below

BUSINESS NEWS

Retail giant OK Zimbabwe is set to reopen its Entumbane branch, which was closed earlier this year, and will transform it into a wholesale...

BUSINESS NEWS

Retailer OK Zimbabwe reported that stable pricing during the four months ending June 30, 2024, played a key role in boosting sales volumes, as...

LOCAL NEWS

OK Zimbabwe, a leading retail giant, has officially launched the 35th edition of its renowned Grand Challenge promotion, boasting a prize pool exceeding US$1...

Advertisement