OK Zimbabwe Weighs More Asset Sales

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OK Zimbabwe Limited is struggling with severe liquidity shortages, prompting plans to sell $27.7 million in properties. Cash constraints have caused stock shortages, disrupted supply chains, and slashed half-year revenue by 84% to $28.26 million, producing a net loss of $17.81 million. Management secured banking facilities, used supplier-finance arrangements, and aims to stabilise operations, restore liquidity, and rebuild inventories to improve trading performance.