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Matinyarare's 'Innscor has destroyed the taste of Zim food' comments cause consternation
If Zimbabwe Stock Exchange (ZSE)-listed food giant Innscor was hoping to avoid press scrutiny, it could hardly have chosen a more self-destructive path than seeking a gag order against journalist Rute...Published: 04 Mar 2024 at 21:20hrs | | by Staff reporter
Innscor goes after Zanu-PF activist
Innscor Africa has obtained a takedown order against Zanu-PF social media activist Benson Rutendo Matinyarare, who posted videos online accusing the company of "destroying the taste of Zimbabwean food...Published: 17 Jan 2024 at 05:05hrs | 11 | by Staff reporter
Looting fears as ministries secretly invest in companies
GOVERNMENT ministries are under scrutiny for investing in private companies without the knowledge of Treasury and also illegally dishing out loans to struggling parastatals, raising corruption fears, ...Published: 27 Sep 2022 at 19:26hrs | 4 | by Staff reporter
Chiwenga warns Innscor
A TENSE meeting between President Emmerson Mnangagwa and Innscor Africa shareholders over allegations of fuelling currency volatilities rocking the market had a chilling effect after Vice-President Co...Published: 12 Aug 2022 at 20:21hrs | | by Staff reporter
Apostolic sect seeks to cash in on followers
AN apostolic sect is seeking business ventures with food manufacturers in a deal that would see some products bearing the logo of the religious group.In a letter to food companies dated Decemb...Published: 24 Dec 2021 at 07:30hrs | 7 | by Staff reporter
Innscor shells US$70m on expansion
ZIMBABWE Stock Exchange-listed blue-chip, Innscor Africa Limited, has injected about US$70 million to consolidate its expansion operations, according to the group's chairperson, Addington Chinake....Published: 23 Nov 2021 at 05:58hrs | 7 | by Staff reporter
Shops continue using 'illegal' rates
WARNINGS by the Reserve Bank of Zimbabwe's (RBZ) Financial Intelligence Unit and the recent arrest of directors of some top companies over foreign currency manipulation seem to have fallen on deaf ear...Published: 21 Oct 2021 at 06:17hrs | | by Staff reporter
Mudzuri probe latest
Police have intensified investigations into the case in which MDC-T vice president Elias Mudzuri is being accused of murdering a 23-year-old-man at his Duriro Bar in Harare last week.The Crimi...Published: 16 Jun 2021 at 17:14hrs | | by Staff reporter
'Innscor revenue to rise 395%'
ADVISORY firm IH Securities has projected a 395% rise in revenue at the Zimbabwe Stock Exchange-listed conglomerate, Innscor Africa Limited, during the year to June 30 2021, underpinned by high consum...Published: 25 Mar 2021 at 05:49hrs | | by Staff reporter
Proudly made in Zimbabwe
The advent of globalization has demonstrated that each country has expertise in a certain trade and there are commodities that resonate with certain countries more than others. It is often argued that...Published: 02 Feb 2021 at 00:25hrs | 1 | by Victor Bhoroma
Simbisa Brands slashes prices
LISTED quick service business, Simbisa Brands, has set the pace by slashing prices of its major products by 20 percent margins in response to monetary and fiscal consolidation measures being implement...Published: 04 Jul 2019 at 07:57hrs | 2 | by Staff reporter
Trevor Ncube angry at Colcom over pork pie
Presidential Advisory Council member and Alpha Media Holdings is not a happy man after buying a colcom pork pie which has little pork inside of it. The AMH Boss took to Twitter to register his...Published: 24 May 2019 at 14:28hrs | 7 | by Mandla Ndlovu
3-gun thief committed to mental institution
A man who escaped from police custody before stealing three guns at Gwanda Urban Police Station has been committed to Mlondolozi Mental Prison after doctors confirmed that he was mentally unstable. ...Published: 11 Jan 2019 at 09:22hrs | | by Staff reporter
Innscor reports good performance in all business portfolios
INNSCOR Africa Limited posted a $48,6 million profit after tax in the full-year ended June 2018 from $34,4 million in prior period, as all its business portfolios reported good performance.The...Published: 01 Oct 2018 at 07:07hrs | | by Staff reporter
Top entrepreneurs, firms talk service innovation
A CUSTOMER service symposium held last week attracted Zimbabwe's top entrepreneurs and firms, including quoted companies who gathered in Harare to explore strategies on how the country could catch up ...Published: 17 Sep 2018 at 07:03hrs | | by Staff reporter
Colcom reverting to original pork pie
Zimbabwe's largest meat processor Colcom Foods has bowed down to public pressure and announced it is working on plans for alternative means of producing a pie that includes the aspects of the "origina...Published: 04 Jul 2018 at 14:40hrs | | by Staff reporter
Command Agriculture requires $1,3 billion
Zimbabwe's main agro-import substitution programme, commonly referred to as Command Agriculture, requires close to $1,3 billion to take off as the country steps up efforts to raise local production an...Published: 27 May 2018 at 10:08hrs | 6 | by Staff reporter
PHOTOS: A reflection of what Bulawayo is today
Hopewell Chin'ono, an award-winning journalist and documentary filmmaker posted a collage of pictures that are a reflection of what Bulawayo is today on Twitter.Said Chin'ono, "A friend posted...Published: 17 May 2018 at 17:58hrs | 2 | by Hopewell Chin'ono @daddyhope
Zimbabwe dispels listeriosis fears
THE Ministry of Health and Child Care has assured Zimbabweans that they are safe from listeriosis as appropriate measures have been put in place at the Beitbridge Border Post to avoid importation of p...Published: 14 Mar 2018 at 06:11hrs | 2 | by Staff reporter
Innscor considers share buy-back
Innscor Africa Limited directors seek shareholders' approval to purchase its own shares listed on the Zimbabwe Stock Exchange at the next Annual General Meeting (AGM) next month.Innscor will h...Published: 14 Nov 2017 at 16:27hrs | 1 | by Takudzwa Chiwara
Like the mighty Warriors: what's Zimbabwe's game plan?
It is the 117th minute of an African Cup of Nations final at the Stade Ahmadou Ahidjo in Yaoundé, Cameroon. The match is tied 3-3. The Warriors are battling hard and creating chance after chance - wa...Published: 10 Aug 2017 at 11:32hrs | | by Tafi Mhaka
Investors dump ZSE, flee for safety of cash
Fund investors have been pulling out of the risky Zimbabwean stock market at an alarming pace over the last 10 months, against the background of cash and liquidity challenges, weak total demand for go...Published: 13 Dec 2016 at 05:54hrs | 1 | by Staff reporter
35 pigs killed as truck overturns
As reported yesterday, a haulage truck carrying 198 live pigs overturned at Kuwadzana Round-about, about 12km from the city...Published: 17 Nov 2016 at 05:09hrs | | by Staff reporter
Hungry Zimbabweans eat 12 tonnes of meat at Biggest braai
ZIMBABWE is right on track to breaking a Guinness World Record as history was made on Saturday when Delta Beverages' quest of braaing 10 tonnes of meat was surpassed with a total of 12 463kgs braa...Published: 31 Oct 2016 at 06:17hrs | | by Staff reporter
Dairibord scoops CZI company of the Year award again
Dairibord Zimbabwe scooped the Confederation of Zimbabwe Industries Company of the Year award for the second year running. The Zimbabwe Stock Exchange-listed group beat fellow listed companies...Published: 01 Aug 2016 at 07:48hrs | | by Business Reporter
Pig production to increase by 28%
Colcom Holdings Limited has indicated that pig production will grow by 28 % by July after experiencing a 1% drop in the year ending December 31.The firms said its Tripple C Farms delivered 28 ...Published: 06 Mar 2015 at 09:17hrs | | by Thobekile Zhou
I feel vindicated, says Mugabe
PRESIDENT Mugabe turned 91-years-old on the 21st of February, and had his birthday celebrations in Victoria Falls over the weekend. As per tradition, the President granted an interview to ZBCtv Curren...Published: 03 Mar 2015 at 06:29hrs | 1 | by Chris Chivinge
American soldiers singing at Gono's farm
APOLOGIES for going AWOL for the past two editions of the only readable Sunday paper. You see, I could quote several Bible verses on the necessity of resting but I don't want to hypnotise you dear rea...Published: 15 Feb 2015 at 11:57hrs | | by Bishop Lazarus
Zanu PF backers stampede to donate food for women's league conference
SOME corporate organisations and individual ruling party backers yesterday stampeded to donate food hampers for delegates to the high-profile Zanu PF women's league conference, which opens in Harare t...Published: 14 Aug 2014 at 08:12hrs | | by Staff Reporter
Women's indaba back on the rails as VP Mujuru, corporates chip in
Zanu-PF'S 6th Women's League Conference, which begins in Harare today, received a major boost from VP Joice Mujuru, well-wishers and corporates which donated an assortment of foodstuffs and regali...Published: 14 Aug 2014 at 07:27hrs | | by Staff reporter
CSC in bid to tap into the Angolan beef market
THE Cold Storage Company (CSC) says it plans to tap into the Angolan beef market as it plots ways to escape from crippling financial problems.CSC's marketing director Isiah Machingura told Sou...Published: 22 Jun 2014 at 08:13hrs | 10 | by Staff Reporter
Funeral parlours contaminate drinking water
Funeral parlours, service stations, fuel holding depots and food processing plants have been dumping waste in the drinking water system countrywide.This has incensed a Cabinet Committee, which...Published: 09 May 2014 at 06:15hrs | | by Felex Share
Health disaster looms in Bulawayo
Bulawayo Municipality and industries are discharging 35 million litres of raw sewage and hazardous effluent directly into the Umguza catchment per year, which has been linked to the incidence of seri...Published: 07 May 2014 at 07:48hrs | | by Takunda Maodza
Zim economy worsens, as Mugabe remains mum
Zimbabwe is paying a heavy financial price as the economy slows down under President Robert Mugabe's Zanu-PF government, with stocks and bonds on an unprecedented plunge.The Zimbabwe Stock Exc...Published: 20 Mar 2014 at 14:29hrs | | by Staff reporter
The Media should expose corruption even in the private sector
The media, which has taken a major role in exposing corruption in the parastatals, should be applauded for the job well done. However the media seem to have concentrated more on exposing corruptio...Published: 12 Feb 2014 at 13:32hrs | | by Mukachana Hanyani
Innscor could be fined to $60 million
ZIMBABWE Stock Exchange-listed Innscor Africa was found guilty of not following proper regulatory procedures in its acquisition of a majority stake in National Foods Limited (NatFoods) and could be l...Published: 16 Dec 2013 at 14:32hrs | | by Staff Reporter
ZSE:- Industrials rises to another record level in post election trades
ZSE's Industrials continued to rise to record levels on Thursday in a rather quiet post election trading session where only 4 counters managed gains while only one ended in the red out of the 22 count...Published: 01 Aug 2013 at 10:42hrs | | by Business reporter
ZSE: Industrials continues to lose ground ahead of half year end
ZSE's Industrials slumped to their seventh consecutive loss on Thursday as Delta shares plummeted again amid selling pressure with just one trading session left in the first half of 2013.The I...Published: 27 Jun 2013 at 17:27hrs | | by Business reporter
ZSE: Industrials continues to slide on weak blue chips
Heavyweight counters on the ZSE remained weak on Wednesday and dragged the Industrials lower for the 6th straight session as the Constitutional Court was hearing election date extension application th...Published: 26 Jun 2013 at 17:38hrs | 2 | by Business reporter
Bakers Inn to invest in pie making line, to reintroduce half bread
Innscor's Bakers Inn will in September commission a new pie making plant which will raise capacity to 200 000 pies from the current 12 000 daily.Bakers Inn General manager Ketan Patel said dur...Published: 06 Jun 2013 at 05:27hrs | 1 | by Financial Express
Innscor faces penalty for not giving notice of NatFoods acquisition
Innscor Africa faces a penalty from the Competition and Tariff Commission for not giving notice of its intent to acquire a majority stake in National Foods. The commission noted during a stak...Published: 13 May 2013 at 06:39hrs | | by Business reporter
ZSE: Minings wades back into negative territory
ZSEs mainstream Industrials stayed in the red on Tuesday as Econet share price continued to sink while Minings waded back into negative territory after posting significant gains yesterday.The...Published: 23 Apr 2013 at 12:07hrs | | by Business reporter
ZSE:- Industrials stutters as key blue chips weaken
Industrials stuttered on Tuesday after giving in to losses in heavyweights Econet, Innscor and ...Published: 16 Apr 2013 at 11:59hrs | | by Business reporter
ZSE:- Econet, Innscor drag Industrials lower
Losses in heavyweights Econet and Innscor dragged the Industrials lower for the second straight session on Thursday wipi...Published: 11 Apr 2013 at 11:12hrs | | by Business reporter
MDC-T accuses Zanu-PF of rigging
The Morgan Tsvangirai led MDC has accused Zanu-PF of - rigging - forcing hapless citizens to provide personal information to manipulate of the voter's roll.MDC-T claims that the Mugabe ...Published: 10 Apr 2013 at 22:23hrs | | by Ndou Paul
ZSE:- Industrials see-saws back into positive territory in midweek trades
Industrials see-sawed back into positive territory in midweek trades as rising counters outnumbered those trading lower by 11 to 4 while most heavyweight counters traded unchanged.The ...Published: 20 Mar 2013 at 11:50hrs | | by Business reporter
Magistrate up for stocktheft
NKAYI provincial magistrate Thabekhulu Dube on Monday appeared in court in Bulawayo on allegations of stealing a beast from a Nkayi villager seven years ago.Dube, who resides at the Justice m...Published: 20 Mar 2013 at 06:37hrs | | by Staff reporter
ZSE:- Industrials logs 4th straight loss ahead of referendum weekend
ZSE shares remained largely in the negative territory for the 4th consecutive session on Thursday ahead of the Constitutional referendum scheduled for this Saturday, which will pave way for the genera...Published: 14 Mar 2013 at 11:54hrs | | by Business reporter
ZSE:- Delta, Innscor snap Industrials' 4-day rising streak
A raft of selling pressure in Econet and market reaction to Innscor's below expectations December interims saw the Industrials snap its 4-consecutive day rising streak in Thursday's trades.The...Published: 07 Mar 2013 at 10:43hrs | | by Business reporter
Innscor revenue projected to top $345 million
FINANCIAL analysts Renaissance Capital have projected Innscor Africa Limited's revenue to increase by 8 percent to US$345 million in the first six months of its financial period to December 31, 2012....Published: 05 Mar 2013 at 04:39hrs | | by Business Reporter
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