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CBZ blocked from increasing FMHL stake
CBZ Holdings has confirmed that it will not proceed with its planned buyout of minority shareholders in First Mutual Holdings Limited (FMHL), following a decision by the Competition and Tariff Commiss...Published: 10 Dec 2024 at 06:52hrs | 209 | by Staff reporter
CTC to investigate surge of counterfeit toothpaste in Zimbabwe
The Competition and Tariff Commission (CTC) has announced an investigation into reports of counterfeit toothpaste products flooding the Zimbabwean market, citing potential serious health risks to cons...Published: 18 Oct 2024 at 08:42hrs | 195 | by Staff reporter
Innscor booted out of Profeeds
Innscor Africa Limited has been ordered to divest from Profeeds after the Supreme Court ruled that the merger of Profeeds and National Foods created a near monopoly in the stockfeed industry.S...Published: 10 Oct 2024 at 13:11hrs | 2523 | by Staff reporter
Hwende joins Zanu-PF
Former Chiredzi Town Council (CTC) Chairperson, Alderman Gibson Hwende has officially joined Zanu-PF after serving two decades as opposition's Ward 1 councilor in Chiredzi Urban.Hwende confirm...Published: 14 Jul 2024 at 10:47hrs | 1469 | by Staff reporter
Ex-CCC Council chair Gibson Hwende joins Zanu-PF
Former Chiredzi Town Council (CTC) Chairperson, Alderman Gibson Hwende has officially joined Zanu-PF after serving two decades as opposition's Ward 1 councilor in Chiredzi Urban.Hwende confirm...Published: 13 Jul 2024 at 12:22hrs | 48 | by Staff reporter
Varun's plea to curb imported energy drinks goes flat
Competition regulators have turned down a request by Varun Beverages, the bottler of Pepsi in Zimbabwe, to restrict imported energy drinks.Imports of energy drinks have surged by over 7 000% s...Published: 03 Dec 2023 at 17:30hrs | 13 | by Staff reporter
CBZ close to ZB takeover
CBZ Holdings Limited (CBZHL) is on the verge of acquiring a controlling stake in ZB Financial Holdings Limited (ZBFHL) as part of its strategy to become a significant player in the financial services ...Published: 14 Sep 2023 at 06:34hrs | 12 | by Staff reporter
Cholera breaches 3000 cases mark
ZIMBABWE has surpassed the 3 000 mark for new suspected and confirmed Cholera cases since an outbreak was reported in February this year with reports that a total of 57 people are hospitalised due to ...Published: 16 Jun 2023 at 08:04hrs | 1 | by Staff reporter
Sanctions eroding value of Zimdollar
The depreciation of the Zimbabwe dollar is partly due to illegal economic sanctions imposed on the country by Western countries, the African Development Bank (AfDB) said in its African Economic Outloo...Published: 29 May 2023 at 06:30hrs | | by Staff reporter
Cholera death toll rises to 17 in Zimbabwe
THE cholera death toll has risen to 17 in Zimbabwe following two deaths recorded on Monday with reports that the water-borne disease has been detected in Midlands.In a post-Cabinet briefing ye...Published: 26 Apr 2023 at 06:16hrs | | by Staff reporter
Seke Teachers College under investigation
THE Competition and Tariff Commission (CTC) has launched investigations into alleged restrictive practices by Seke Teachers College for allegedly producing branded attire that it forces students to bu...Published: 05 Mar 2023 at 06:17hrs | | by Staff reporter
Foul play disguised as incompetence at the Competition and Tariff Commission
I am an avid reader and consumer of all things Competition and Anti Monopolies related. I believe in healthy competition and have learnt a thing or two from watching the American Sherman act evolve in...Published: 27 Jun 2022 at 12:48hrs | 3 | by Thabo Nkiwane
Innscor fined US$9m, ordered to divest from Probrands
THE Competition and Tariff Commission (CTC) imposed a fine of US$9,1 million on Innscor Africa Limited (Innscor) for consummating the merger of one of its subsidiaries without the Commission's approva...Published: 26 Jun 2022 at 12:26hrs | 13 | by Staff reporter
GMAZ Boss Tafadzwa Musarara takes Competition and Tariff Commission head on
Grain Millers Association of Zimbabwe (GMAZ) Chairman Tafadzwa Musarara has come out guns blazing against the Competition and Tariff Commission saying the law which gives power to the CTC does not tak...Published: 22 Apr 2022 at 12:57hrs | | by Mandla Ndlovu
Tariffs commission probes schools over monopolised uniform supplies
The Competition and Tariff Commission (CTC) has launched an investigation into reports of schools compelling parents and guardians to buy uniforms from preferred retailers and suppliers, a clear breac...Published: 25 Mar 2021 at 06:07hrs | 1 | by Staff reporter
Mutsvangwa joins Mnangagwa, goes on leave
Information minister Monica Mutsvangwa has joined President Emmerson Mnangagwa on leave in the midst of a worsening Covid-19 pandemic.ICT minister Jenfan Muswere is the acting minister. ...Published: 04 Jan 2021 at 20:13hrs | 2 | by Staff reporter
Mnangagwa in crucial Sadc Troika meeting
PRESIDENT Mnangagwa is expected to join other Heads of State and Governments in Botswana today for a one-day SADC Extraordinary Organ Troika Summit that will focus on emerging terrorism threats in the...Published: 27 Nov 2020 at 06:53hrs | | by Staff reporter
Zimbabwe crafts e-vehicles policy
Zimbabwe has commenced the drafting process of an E-Mobility Framework that will guide the use of electric vehicles and benchmark the phasing out of fuel powered automobiles. The framewo...Published: 30 Oct 2020 at 17:45hrs | | by Kenneth Matimaire
Open letter over illegal immigrant Indians in Zimbabwe
The borehole drilling industry is a lucrative industry that has the capacity to transform Zimbabwe's agricultural sector.It is unfortunate that illegal Indians are running this industry and ta...Published: 25 Sep 2020 at 16:44hrs | 1 | by John Mbizvo
Mnangagwa's latest bid to arrest price distortions
THE National Competitiveness Commission (NCC) is currently engaging manufacturers and producers countrywide to establish pricing formulae , a strategy meant to arrest the current distortions on cost o...Published: 25 Aug 2019 at 08:41hrs | | by Staff reporter
Competition and Tariffs Commission exposes consumers
The Competition and Tariff Commission has banned the self regulation mechanisms which had been setup by the Grain Millers Association of Zimbabwe and other retailers in a bid to cushion the consumers ...Published: 05 Aug 2019 at 13:30hrs | | by Mandla Ndlovu
Mnangagwa swoops on cartels and monopolies over pricing
GOVERNMENT has begun enforcing a combination of strategies to break monopolies and foster competition among companies in key sectors providing basic commodities, which have come under siege from price...Published: 16 Jun 2019 at 09:33hrs | | by Staff reporter
Job hunting with the help of technology: A Guide
Technological advances have impacted almost every segment of society. No surprise then that it's also made a significant difference when it comes to looking for employment. If you've recently reintrod...Published: 07 Jun 2019 at 17:39hrs | 11 | by Staff Writer
Zimbabwe now in de-facto dollarization
The persistent price volatility in the economy has left producers and retailers in Zimbabwe with very limited options apart from indexing their products in the US Dollar or pegging their RTGS prices u...Published: 02 Jun 2019 at 21:06hrs | | by Victor Bhoroma
Edcon to sell Edgars Zimbabwe
South African retail giant, Edcon, is selling its shareholding in local clothing chain Edgars Zimbabwe, as the struggling group realigns operations to stay afloat.News of a possible collapse o...Published: 29 May 2019 at 07:56hrs | | by Staff reporter
Anti-drug laws for students abroad
For many students, going to study abroad will be the first time of being far away from home. While this can be very exciting news, moving to a new city and a new country can be a nerve-wracking experi...Published: 26 May 2019 at 13:50hrs | | by Cleto Mhuru
Zimbabwe blighted by a 'tsunami' of fake news
Zimbabwe has once been described as a country blighted by a 'tsunami' of fake news since the beginning of a "new dispensation" following the largely unexpected or seemingly impossible removal of forme...Published: 01 May 2019 at 09:31hrs | 14 | by John Masuku
NOIC to assume full ownership of Feruka-Harare fuel pipeline
THE Competition and Tariffs Commission (CTC) has approved a deal in which State-owned National Oil Infrastructure Company of Zimbabwe (NOIC) assumes full ownership of the Feruka-Harare fuel pipeline a...Published: 08 Apr 2019 at 06:42hrs | 1 | by Staff reporter
Key constraints to economic growth in Zimbabwe
Zimbabwe is a naturally endowed country with unimaginable potential across various economic sectors from mining, tourism, agriculture and manufacturing among others. The country has a highly diversifi...Published: 04 Mar 2019 at 10:11hrs | 1 | by Victor Bhoroma
Unethical uniform suppliers warned
THE Competition and Tariff Commission has warned businesses and schools engaging in anti-competitive practices in the supply and distribution of uniforms that the body will not hesitate to invoke the ...Published: 31 Jan 2019 at 22:49hrs | | by Staff reporter
Industry Minister dates Bulawayo businesses
INDUSTRY and Commerce Minister, Nqobizitha Mangaliso Ndlovu, will meet businesses in Bulawayo today as the city hosts the Competition and Tariff Commission (CTC) conference. The event is being...Published: 05 Dec 2018 at 05:39hrs | | by Staff reporter
Jonathan Moyo's Gukurahundi massacre beef with Mnangagwa is over
Exiled former Higher Education Minister Jonathan Moyo says he was never close to Emmerson Mnangagwa and the claim that his was a myth which exposes the lack of fact-checking in the Zimbabwean media an...Published: 14 Nov 2018 at 07:51hrs | 3 | by insiderzim.com
Mnangagwa's govt unveils parastatal reform strategy
Government has rolled out detailed plans for the restructuring of State-owned Enterprises (SOEs), with 41 entities lined-up for privatisation, departmentalisation and listing on the Zimbabwe Stock Exc...Published: 13 Nov 2018 at 05:42hrs | 9 | by Staff reporter
Competition Commission probes chicks and feeds distributors
THE Competition and Tariff Commission (CTC) has launched an investigation into the distribution of stock feeds and day old chicks after cases of suspected restrictive practices in the market. ...Published: 12 Nov 2018 at 05:32hrs | | by Staff reporter
'Rand answer to Zimbabwe export competitiveness'
ZIMBABWE needs to adopt a soft currency like the South African rand as reference exchange money to become competitive and attract the much-needed foreign direct investment, economics researcher and bu...Published: 08 Oct 2018 at 06:16hrs | | by Staff reporter
Residents associations and water rights campaigners challenge govt's appointment of caretaker commissions
HIGH Court Judge Justice Edith Mushore will on Friday 31 August 2018 preside over the hearing and determination of an urgent chamber application filed by some residents associations and water rights c...Published: 30 Aug 2018 at 18:15hrs | 1 | by Stephen Jakes
'Heavy tax on beef'
ZIMBABWE'S beef industry is heavily taxed and Government needs to review downwards, streamline compliance costs to create room for growth in the sector and enable livestock farmers to realise high ear...Published: 02 Aug 2018 at 07:29hrs | | by Staff reporter
Competition Commission probes NOIC's 50% acquisition of Petrozim
THE Competition and Tariffs Commission (CTC) has launched a probe into the acquisition of PetroZim's 50% stake by the National Oil infrastructure Company of Zimbabwe (Noic), NewsDay reported.I...Published: 16 Jul 2018 at 07:21hrs | | by Staff reporter
Bulawayo businesses call for CTC decentralisation
BUSINESS leaders in Bulawayo have pressed the Competition and Tariff Commission (CTC) to decentralise its operations by opening local offices to effectively assist companies.Speaking during a ...Published: 29 Jun 2018 at 07:22hrs | 1 | by Staff reporter
Zimbabwe losing the product counterfeit war
The unchecked growth of counterfeit (fake) products dumped in the Zimbabwean market has reached alarming levels. Although the country's official import bill shows that imports into the country have sl...Published: 18 May 2018 at 17:38hrs | 2 | by Victor Bhoroma
Inflation stands at 3%
ZIMBABWE'S year-on year inflation rate closed 2017 at 3.46 percent gaining 0.49 percentage points on the November rate of 2.97 percent, official figures show.This means that prices as measured...Published: 17 Jan 2018 at 06:00hrs | 1 | by Staff reporter
Chiwenga to deal with price hikers
The Zanu-PF Politburo yesterday set up an ad-hoc committee to deal with wanton price increases for basic commodities in the past three months, with President Mnangagwa warning unscrupulous businesspeo...Published: 11 Jan 2018 at 05:32hrs | | by Staff reporter
Mzembi: 20 questions and answers as Foreign Minister Zimbabwe
HARARE - The Honorable Dr. Walter Mzembi, Minister of Foreign Affairs Zimbabwe, provided Worldtourismwire a copy of this Q&A first published in the Zimbabwe Daily News....Published: 31 Oct 2017 at 07:36hrs | | by EINPresswire
Zimbabwe won't shut down struggling embassies, says Mzembi
Daily News Editor Gift Phiri sits down for a wide-ranging interview with new Foreign Affairs minister Walter Mzembi. Find below excerpts of the interview.Q: Congratulations on your appointment...Published: 29 Oct 2017 at 10:28hrs | | by Staff reporter
When scriptural fraud and spiritual illiteracy dominate at high levels
The current hurried wave of religion sweeping over Africa, driven by "Man of God" of all sorts, has, in some cases, brought more both scriputural and spiritual confusion than emancipation.A fe...Published: 27 Apr 2017 at 07:52hrs | | by Evangelist Reginald Thabani Gola
Fossil fuel industry responsible for the climate damage
It will be genocidal, atrocious and treasonous for fossil fuel companies that include Shell, EXmobil and Exxon to be left alone without being held accountable for the global climatic genocide they hav...Published: 04 Oct 2016 at 14:07hrs | 3 | by Mbizo Chirasha
'Secretive' bureaucracy controlling WHO Tobacco Treaty is 'a threat to public health' - new report
A recent report from the Royal College of Physicians concluded that vaping is "at least 95% safer" than smoking ...Published: 28 Sep 2016 at 09:15hrs | 1 | by APO
A Global Call to Push out unrepentant Fossil Fuels Industry
Boldness and sound advocacy is highly required for the ban of Fossil Fuels Industry in the implementation processes of averting the effects of Climate Change. The global movements on climate change ar...Published: 18 Sep 2016 at 07:52hrs | | by Mbizo Chirasha
Innscor will not pay CTC penalties
Innscor Africa Limited has been absolved from paying $2,5 million in penalties imposed by the Competition and Tariff Commission over the food group's merger with the agro-processor, National Food...Published: 31 Jul 2015 at 07:03hrs | | by Staff reporter
RBZ, Potraz seek clarity on EcoCash
The Competitions and Tariff Commission (CTC) has held talks with the Reserve Bank of Zimbabwe seeking clarity on Econet's mobile money business, which has been the subject of an investigation in recen...Published: 12 Feb 2015 at 12:36hrs | | by Staff reporter
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