Edgars has replaced its CEO and its Chief Finance Officer, as majority shareholder Sub-Sahara Capital Group (SSCG) makes changes to shore up the struggling clothing retailer. Tjeludo Ndlovu has stepped down as CEO and leaves the company with effect from 31 October. She has been CEO of the company since 2020, when the company was…
LISTED clothing retailer and manufacturer, Edgars Stores Limited, will be relocating its retail chain management offices from Bulawayo to Harare where they have more shops in order to manage them on a day-to-day basis, the company has said. The development is expected to be part of the broader thrust to remodel its business to tap…
A few months ago, Edgars Stores Limited, decided to display prices of merchandise in US dollars only. Since the re-introduction of the local currency, businesses displayed prices in Zimbabwe dollars only in contravention of the law that says prices should be displayed in both the US dollars and Zimbabwe dollars. Statutory Instrument 185 of 2020…