African Investor Relations

OK Zimbabwe Limited

The Company is a leading supermarket retailer whose business covers three major categories, which comprise groceries, basic clothing and textiles and house ware products. The groceries category includes dry groceries, butchery, delicatessen, takeaway, bakery, provisions and fruit and vegetable sections. The bakeries and fruit and vegetable operations are currently outsourced to Innscor and Favco respectively. Another specialist area is school wear.

OK Zimbabwe Limited was first incorporated as Springmaster Corporation in 1953. In 1984, the name was changed to Deltrade Limited and this was in turn, subsequently changed to the current name in July 2001. The inaugural branch opened at OK First Street (Harare) in 1942 and the second branch in Bulawayo in 1952. A further five outlets were opened across the country by the end of 1960.