NOTICE IS HEREBY GIVEN THAT the Sixteenth Annual General Meeting of Members of OK Zimbabwe Limited will be held in the OKmart Functions Room, First Floor, OKmart, 30 Chiremba Road, Hillside, Harare on Thursday, 27th July 2017 at 1500 hours for the following purposes: ORDINARY BUSINESS CONSOLIDATED FINANCIAL STATEMENTS AND REPORTS To receive and adopt [...]
NOTICE is hereby given that on the 23rd of May 2017, the Board of Directors declared a final dividend (number 21) of 0.26 cents per share payable out of the profits of the Group for the year ended 31 March 2017. The dividend will be payable on or about 3 July 2017 in United States [...]
The Directors of OK Zimbabwe Limited are pleased to announce the release of the Group's 2017 full year results ad presentation for the year ended 31 March 2017. Below is an extract of the Chairman's Statement and a few financial highlights. Financial highlights Revenue US$472.4 million Profit after tax US$6.1 million Attributable earnings per share [...]
The Board of OK Zimbabwe Limited ("the Company") is pleased to announce the appointment of Ms. Rufaro Audrey Mwanatsa Maunze and Mrs. Rose Mavima to its Board of Directors as Non-Executive Directors with effect from 1st of April 2017. MS. RUFARO AUDREY MWANATSA MAUNZE Rufaro holds a Bachelor of Accounting Science (Honours) degree from the [...]
Retirement of Chief Executive Officer The Board of OK Zimbabwe Limited (“the Company”) wishes to announce that Mr. Willard Zireva, the Company’s Chief Executive Officer, will leave the Company on the 31st of March 2017 having decided to take early retirement. Willard joined the Company in 1984 as Finance Director before rising to the positions [...]
CHAIRMAN'S STATEMENT OVERVIEW The operating environment continued to be hampered by weak and declining macro-economic performance which was characterised by low manufacturing productivity, increasing unemployment, depressed consumer spending and limited access to cash. Prices of goods across the various product groups continued to decrease albeit at a reducing rate with the government statistical office reporting [...]
The Directors of OK Zimbabwe Limited are pleased to announce the release of the Group's 2016 annual report for the year ended 31 March 2016. Below is an extract of the Chairman's Statement and a few financial highlights. Chairman's Statement Overview Persistent economic headwinds hampered business operations throughout the financial year. Combined effects of drought, [...]
NOTICE IS HEREBY GIVEN THAT the Fifteenth Annual General Meeting of Members of OK Zimbabwe Limited will be held in the OKmart Functions Room, First Floor, OKmart, 30 Chiremba Road, Hillside, Harare on Thursday, 28 July 2016 at 1500 hours for the following purposes: ORDINARY BUSINESS STATUTORY FINANCIAL STATEMENTS To receive and adopt the Financial [...]
OK Zimbabwe Limited today (6th June 2016) held their presentation to analysts and asset managers in respect of the full year results for the year ended 31 March 2016. From left: Messrs A.E. Siyavora, V.W. Zireva and A.R. Katsande at the results presentation today Below are some excerpts from the results: - Revenue : [...]
CHAIRMAN'S STATEMENT OVERVIEW Challenges presented by the declining economic environment have continued unabated and indeed have worsened coupled with the effect of a depressed world economy. Businesses continue to fail and unemployment continues to rise. Every business and company in Zimbabwe has been adversely affected. In our sector, the direct effect is that no matter [...]