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OK in 87pc profit surge

HARARE – One of Zimbabwe’s largest supermarket groups, OK Zimbabwe (OK), says its first half profit surged 87,1 percent on the back of lower overheads. The retailer’s chief executive, Willard Zireva, on Thursday said revenue for the period had gone up 2,3 percent to $218,6 million from the $213,6 million. “Gross margins improved due to efficient…

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