From left: Mr Katsande, Mr Siyavora and Mr Zireva at the HY2016 results' presentation
The difficulties of the economic environment with which we continue to grapple are expected to persist. Nevertheless, the Group will increase its efforts to improve sales generation and profitability. The expansion of the OKmart chain will continue as will the refurbishment programme.
Considerable effort is being made to improve our operating efficiencies as well and to ensure that our well- motivated staff deliver an even better service for our customers. Early indications are that these initiatives give cause for optimism.
In conjuction with our supplier partners we are importing raw materials for increased local production which will help to reduce imports of finished goods and stimulate local demand from increased employment.
HY 2016 financial results presentation
HY 2016 financial results