OK Zimbabwe Edges Closer To US$30 Million Capital Raise

OK Zimbabwe Edges Closer To US$30 Million Capital Raise - Zimbabwe Situation

Source: OK Zimbabwe Edges Closer To US$30 Million Capital Raise ⋆ Pindula News OK Zimbabwe Limited has announced that its proposed capital raise of up to US$30 million has reached an advanced stage, with discussions nearing finalisation. This development was shared in a further cautionary announcement released on June 4, 2025, following an earlier advisory issued on May 2. In the statement, the company’s board of directors advised shareholders …

OK Zimbabwe Edges Closer To US$30 Million Capital Raise

WhatsApp Facebook Twitter This development was shared in a further cautionary announcement released on June 4, 2025, following an earlier advisory issued on May 2. In the statement, the company’s board of directors advised shareholders and the investing public that full details of the transaction will be disclosed in due course. The statement reads: Further to the cautionary announcement dated 2 May 2025, Directors of OK Zimbabwe Limited wish t…

OK Zimbabwe's US$30 million lifeline nears as retail crisis deepens in the country – Nehanda Radio

HARARE - OK Zimbabwe Limited, one of the country's prominent retailers, is in advanced discussions to raise up to US$30 million, a move that reflects the significant financial distress gripping the company and also highlights the broader struggles of Zimbabwe's formal economy. The post OK Zimbabwe’s US$30 million lifeline nears as retail crisis deepens in the country appeared first on Nehanda Radio.