OK Zimbabwe,one of the country’s leading retailers has denied social media reports that the company is on the verge of collapse.
The reports started circulating during the just-ended festive season as most of its supermarkets were understocked, causing panic among its customers.
However, the retail giant assured its consumers and other stakeholders that it is still on sound footing despite the intermittent supply chain challenges experienced over the Christmas and New Year’s holidays.
"We assure all stakeholders, including customers, shareholders, employees, and partners, that our stores are open for trading," part of the statement reads. "Although the company faced intermittent product supply challenges during the festive period, we continue to serve our loyal customers and contribute to the economic growth and development of Zimbabwe," the retailer said.