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