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Mr Willard Zireva - CEO, at the OK Zimbabwe Limited FY2015 results' analyst briefing

Outlook
Overview
  • Economy forecast to continue to post negative growth
  • Subdued business activity expected to continue into F16
  • The market will remain very competitive.
  • Liquidity expected to get tighter
Operational
  • Focus on maintaining market position through the following initiatives:-
    • More efficient use of existing capacity
    • Continue expanding financial services offering by leveraging on good IT capabilities
    • Expand Farm it Build itconcept
    • Continue roll-out of own bakeries.
    • Continue pushing growth in fruit & vegetables as well as butcheries
  • Emphasis on cost reduction & margin protection
Expansion
  • Opportunities exist to enter new locations with different store formats.
  • Follow through on the regional expansion initiative

FY 2015 financial results presentation

FY 2015 financial results

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