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We are Still In talks with Shoprite OK Zimbabwe Insists

We are Still In talks with Shoprite OK Zimbabwe Insists

OK Zimbabwe has once again insisted that it is in talks with Shoprite, almost two months after the latter announced that it had put off negotiations.
This has led the market to speculate further on what is happening with suggestions that there may be some secret talks which had continued.
“Further to the cautionary notice published on [...]

OK-Shoprite Deal Still On?

OK-Shoprite Deal Still On?

Is the R167 million deal between Ok Zimbabwe and South Africa’s Shoprite still on, this is the question which the market seeks to answer on Thursday.
OK Zimbabwe advised its shareholders that it was in negotiations.
“Further to the cautionary notice published on 23 September, 2009, OK Zimbabwe Limited advises its shareholders that negotiations are still in [...]

South African Shops Continue to Advertise in Zimbabwe

South African Shops Continue to Advertise in Zimbabwe

South African companies have continued to advertise their products in Zimbabwe, even though locally produced goods are available on the market.
South African companies have been providing the local market with some of the food stuffs and this has continued.
Most of the companies are based in either Musina (Messina) or Louis Trichardts.
Products which are being offered [...]

Home and Lifestyle Show on in November

Home and Lifestyle Show on in November

The Home and Lifestyle Show is scheduled for the 7th and 8th of November this year at the Harare Sports Club.
Organisers of the event, Visibly Heard confirmed the dates and they have already started inviting exhibitors to this year’s show.
Apart from the serious business of exhibition, there would also be entertainment for the children which [...]

Family Basket for September declines 1.01%

Family Basket for September declines 1.01%

The September family basket declined by 1.01% to US$490.08, the Consumer Council of Zimbabwe has said.
It has also been revealed by CCZ that many local products are now readily available on the market which could have also resulted in the drop in prices.

Locally manufactured products always have a competitive advantage over imports though they have [...]

Truworths Posts $US439 888 Loss but Confident of the Future

Truworths Posts $US439 888 Loss but Confident of the Future

Truworths, the clothing retail group, posted a $US439 888 loss in the first four months of the year but the company is confident the future is bright.
Speaking at the presentation of the group’s results in Harare on Thursday, the chairman of the group, Mr Peech, said the first eight weeks of the 2009 – 2010 [...]

Price of traded goods to remain depressed – analyst

Price of traded goods to remain depressed – analyst

The pricing pressure on traded goods will not disappear so long as Chinese and South African competition is strong, the chief executive of Imara Asset Management Mr John Legat has said.
 He said the price of non traded goods may increase with time.
“Pricing pressure on non-traded goods, such as hair cuts as an example, can only [...]

Easy way do your shopping – Maybe the Kingdom FCA swipe card

Easy way do your shopping – Maybe the Kingdom FCA swipe card

Tired of having to buy sweets that you dont want to eat simply because the supermarket does not have change?
I had one such experience. Went into a Supermarket at Five Avenue looking to buy a few groceries. Got my groceries and when got to the counter, checkouts had the notes but not the 33cents that [...]

New Trend As Shops Open Till Late

Its no longer business as usual as some shops now close late as competition continues to grow in the retail sector.
It used to be the grocery shops which closed late but a survey by Business Zimbabwe on Monday revealed that clothing shops were also closing late.
Most of the clothing shops operated on an 8 to [...]

Afro Foods Continues With Expansion Drive

Afro Foods, an emerging player in the retail sector has continued with its expansion drive opening a new branch in Rusape.
This means that the retail chain now has more than 10 branches across the country with less than five years of operation.
It is also scheduled to open a new branch in Kwekwe making it the [...]

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