Battle for survival: Embattled OK Zimbabwe inches closer to securing US$30m capital lifeline

Battle for survival: Embattled OK Zimbabwe inches closer to securing US$30m capital lifeline

SAMANTHA MADE OK Zimbabwe Limited, once regarded as a corporate bellwether in the country’s retail sector, is inching closer to securing a critical US$30m capital lifeline in a last-ditch effort to steady its financial ship after months of mounting losses and operational turmoil. The capital raise—which will involve a blend of a rights issue, private…

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