OKZ - OK Zimbabwe Limited
OK Zimbabwe Limited, first established in 1942, is a leading supermarket retailer in Zimbabwe providing a broad range of retail products and allied services. Historically, the company was incorporated as Springmaster Corporation in 1953, and in 1984 changed its name to Deltrade Limited which was then again changed to the current name in July 2001. OK Zimbabwe, which trades under the popular brand names OK Stores, Bon Marche’ Stores, and OKmart, operates in three major market categories, namely, groceries, basic clothing and textiles, and houseware products. Via a diversified distribution channel, the company is able to target all segments of the market, responding to its customers’ requisite for convenience and value. Despite operating in a highly competitive retail sector, OK Zimbabwe has maintained its dominant position, developing its own brands through the Bon Marche’ Premier Choice and Shopperschoice labels.
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OKZ Stock Market Performance
The stock of OK Zimbabwe Limited (OKZ) is currently trading at 1.65 ZWL per share on the Zimbabwe Stock Exchange. OKZ began the year with a share price of 0.5524 ZWL and has since gained 198.7% on that price valuation, ranking it 8th on the ZSE in terms of year-to-date performance. The table below details the last 10 trading days of activity of OK Zimbabwe Limited on the Zimbabwe Stock Exchange.
Profile of OK Zimbabwe Limited
OK Zimbabwe Limited operates in the Consumer Services sector, specifically, the Broadline Retailers industry. The company is led by Alex Edgar Siyavora as its Chief Executive Officer, since 2017. The company's board of directors, chaired by Herbert Nkala, is composed of eight members whose names are listed below.
- Nkala, Herbert
- Siyavora, Alex Edgar
Chief Executive Officer
- Katsande, Albert R.
- Lake, David B.
- Kembo, Freeman T.
- Maunze, Rufaro Audrey Mwanatsa
- Mavima, Rose
- Moyo, Rutenhuro James
|Factsheet of OK Zimbabwe Limited|
7 Ramon Road, Graniteside, P. O. Box 3081, Harare, Zimbabwe
OKZ Industrial Market Competitors
OK Zimbabwe Limited, issuers of the OKZ stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Consumer Services sector and/or the Broadline Retailers industry. The table below gives you an overview of the market standing of the top eight by year-to-date performance.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|RTG||Rainbow Tourism Group Limited||948.29m||0.3800||+162.1%|
|ZIMP||Zimbabwe Newspapers (1980) Limited||172.80m||0.3000||+123.9%|
|ASUN||African Sun Limited||384.35m||0.4460||+78.4%|
|UNIF||Unifreight Africa Limited||11.50m||0.1080||+20.0%|
|EDGR||Edgars Stores Limited||74.29m||0.2400||+14.3%|
|DAWN||Dawn Properties Limited||135.14m||0.0550||-24.7%|