Meikles bets future on retail
MEIKLES’ proposed US$15 million exit from the Victoria Falls Hotel is a major capital-allocation bet, with its success hinging on the group’s ability to generate stronger returns from its remaining businesses, an analyst has said. The group’s shift away from hospitality to concentrate on its retail supermarket business began with the US$20 million disposal of… Subscribe to read full article. Subscribe today The post Meikles bets future on retail appeared first on The Financial Gazette .
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MEIKLES’ proposed US$15 million exit from the Victoria Falls Hotel is a major capital-allocation bet, with its success hinging on the group’s ability to generate stronger returns from its remaining businesses, an analyst has said. The group’s shift away from hospitality to concentrate on its retail supermarket business began with the US$20 million disposal of…
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The post Meikles bets future on retail appeared first on The Financial Gazette.
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About this article
- Length
- 76 words · 1 min read
- Published
- October 17, 2026
- Byline
- Kudzanai Gerede
- Source
- Financial Gazette