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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 | 2517 | by Staff reporter
Matinyarare invited to present scientific' evidence against GMOs
Zimbabwean millers have invited activist Rutendo Matinyarare to present scientific evidence supporting his allegations that some of their products contain agents that could cause cancer and HIV....Published: 13 Sep 2024 at 08:07hrs | 512 | by Staff reporter
Rutendo Matinyarare leads battle against GMO infiltration in Zimbabwe
Food security and public health in Zimbabwe are increasingly at risk due to the persistent issue of genetically modified organisms (GMOs). Despite a national ban on GMOs, illegal importation of these ...Published: 12 Sep 2024 at 10:06hrs | 944 | by Staff reporter
Human rights activist engages CCZ over INNSCOR GMOs saga - CCZ responds to her complaint
The human rights activist Abigale Mupambi who joined the ongoing controversy involving Pan-Africanist Rutendo Matinyarare, and the Innscor Group has taken since anged the Consumer Council of Zimbabwe ...Published: 11 Sep 2024 at 15:53hrs | 3099 | by Stephen Jakes
INNSCOR GMO's saga draws fire from activists
The ongoing controversy involving Pan-Africanist Rutendo Matinyarare, and the Innscor Group has taken a new turn with the human rights activist Abigale Mupambi and the International Coalition Against ...Published: 08 Sep 2024 at 11:57hrs | 1089 | by Stephen Jakes
Matinyarare stopped!
A South African High Court has ruled that no amount of monetary compensation can remedy the long-term reputational damage inflicted by social media activist Rutendo Matinyarare on Innscor Africa and i...Published: 02 Sep 2024 at 06:32hrs | 1540 | by Staff reporter
Innscor vs Rutendo Matinyarare takedown order judgement
Yesterday, we finally received the judgment from Judge Makume, following nine days of deliberations on Innscor's court application filed on August 20th, 2024, in which they sought a court order compel...Published: 29 Aug 2024 at 17:54hrs | 1894 | by Rutendo Matinyarare
Chiwenga to officiate at Investment Forum
The Ministry of Industry and Commerce is preparing to host the Investment Forum next Monday, attracting key stakeholders and policymakers from across Africa. The forum, held in collaboration with the ...Published: 26 Jul 2024 at 06:38hrs | 207 | by Staff reporter
Zimbabwe police finalises Matinyarare's docket
Just weeks after receiving a suspended three-month prison sentence for defamation in South Africa, Zanu-PF activist Rutendo Matinyarare faces new legal challenges in Zimbabwe. The Grain Miller...Published: 23 Jul 2024 at 07:29hrs | 1131 | by Staff reporter
Rutendo Matinyarare jailed in South Africa
Zanu PF activist Benson Rutendo Manyarare has been convicted of contempt of court and jailed for three months by a court in Johannesburg, South Africa.The sentence was wholly suspended on cond...Published: 16 Jul 2024 at 20:54hrs | 2544 | by Staff reporter
Matinyarare in big trouble
Zanu-PF activist Rutendo Benson Matinyarare has been accused of perjury by his former lawyer after he told the Gauteng High Court in South Africa that he was unaware of a gag order issued against him ...Published: 01 Jul 2024 at 16:02hrs | 18 | by Staff reporter
Zimra, Nampak clash over ZW$27bn penalty
Nampak Zimbabwe, a major industrial packaging manufacturer, is contesting hefty penalties imposed by the Zimbabwe Revenue Authority (Zimra), amounting to ZW$26.7 billion. The company attributes this d...Published: 30 Jun 2024 at 18:31hrs | 2 | by Staff reporter
Rutendo Matinyarare's alleged sponsor exposed
Controversy surrounds Simon Rudland, co-founder of Gold Leaf Tobacco, amid allegations that he is funding Zanu-PF activist Rutendo Matinyarare's campaign against INNSCOR and its founder, Zinona "Zed" ...Published: 26 Jun 2024 at 07:32hrs | 36 | by Staff reporter
American Chamber of Commerce appoints Dudu Shinya as Executive Director
The American Chamber of Commerce in Zimbabwe (AmCham Zimbabwe) has announced the appointment of Duduzile Shinya as its new Executive Director. Duduzile is a Fellow Chartered Accountant of Zimb...Published: 12 Jun 2024 at 20:18hrs | 27 | by Staff reporter
Bakers Inn to build second plant in Bulawayo
Baker's Inn, a division of Victoria Falls Stock Exchange-listed Innscor Africa, is expanding its operations by adding a second plant to its Belmont factory in Bulawayo.The company recently com...Published: 22 May 2024 at 09:33hrs | 17 | by Staff reporter
'Mnangagwa officiating at all manner of ceremonies becoming problematic'
So, President Emmerson Dambudzo Mnangagwa is still making national news headlines for officially commissioning new companies.In fact, his latest stunt was not even commissioning a new company ...Published: 19 May 2024 at 12:20hrs | | by Tendai Ruben Mbofana
Bulawayo attracts US$135m investment
BULAWAYO has to date attracted investment worth US$135 million in the manufacturing sector, which has seen the creation of more than 33 000 direct jobs, with the Government revealing that the city is ...Published: 19 May 2024 at 10:49hrs | 19 | by Staff reporter
When the president officially commissions companies, then Zimbabwe is still far from developing!
So, President Emmerson Dambudzo Mnangagwa is still making national news headlines for officially commissioning new companies. In fact, his latest stunt was not even commissioning a new company...Published: 18 May 2024 at 20:53hrs | 2 | by Tendai Ruben Mbofana
'FIU and CIO are incompetent' Rutendo Matinyarare says
The controversial claims made by Rutendo Matinyarare, Chairman of the Zimbabwe Anti-Sanctions Movement (ZASM), have sparked outrage and disbelief among security agencies, financial institutions, and...Published: 30 Mar 2024 at 12:49hrs | 14 | by Mandla Ndlovu
Benson Matinyarare ordered to pull down defamatory material from X
The High Court has granted a provisional order directing social media activist Rutendo Benson Matinyarare to pull down from X (formerly Twitter ) defamatory material against members of the Grain Mille...Published: 15 Mar 2024 at 07:07hrs | 3 | by Staff reporter
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
Knives out as battle looms between Benson Matinyarare and the milling industry
In a recent development that has sent shockwaves through the milling industry in Zimbabwe, a looming battle between Rutendo Benson Matinyarare and major players such as Innscor and National Foods has ...Published: 28 Feb 2024 at 16:22hrs | 20 | by Mandla Ndlovu
Benson Matinyarare a threat to national security
In a recent series of claims made by Rutendo Benson Matinyarare against Innscor, Simbisa brands, and Zed Koudounaris, it is imperative to critically analyze the validity of these assertions. These ren...Published: 26 Feb 2024 at 12:43hrs | 4 | by Trevor Nhamburo
Bard Santner sets up New York office
HARARE - Local financial services firm Bard Santner Inc has set up an office in New York, United States, in a move to attract capital investment and transaction opportunities offshore.The comp...Published: 15 Feb 2024 at 18:42hrs | 13 | by Staff Reporter
Mthulisi Ncube exempts VAT on key basic commodities
TREASURY has gazetted the suspension of Value Added Tax (VAT) on selected basic commodities with effect from today as part of Government measures to tame price increases while boosting consumer purcha...Published: 01 Feb 2024 at 04:57hrs | 9 | by Staff reporter
Zanu-PF's Tshuma confident of victory in Pelandaba-Tshabalala
ASPIRING legislator for Bulawayo's Pelandaba-Tshabalala constituency, Joseph Tshuma, says his vision is to empower young people to be economically independent in line with the Government's development...Published: 31 Jan 2024 at 04:46hrs | | 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
Chiwenga's wedding was a political statement
HIGH-PROFILE weddings, especially those of the rich, famous and powerful - very important persons (VIPs) - are renowned worldwide for their grandeur, luxury and vibrant celebrations.These ausp...Published: 27 Dec 2023 at 17:26hrs | 27 | by Staff reporter
Mnangagwa's ED-UNZA Scholarship Fund raises US$600,000
THE ED-UNZA (University of Zambia) Scholarship raised US$600 000 during a fundraising dinner held at State House two weeks ago.President Emmerson Mnangagwa is the patron of the fund, which was...Published: 22 Dec 2023 at 18:17hrs | 10 | by Staff reporter
Chigogwana retires
Access Finance Group, whose strategic network of operations includes Zimbabwe, has appointed Mr Salim Eceolaza as the new chief executive.Mr Eceolaza is succeeding co-founder Mr Raymond Chigog...Published: 20 Sep 2023 at 06:25hrs | 2 | by Staff reporter
Zanu-PF youth bashed for pasting Mnangagwa poster at Chicken Inn outlet
POLICE in Chegutu have launched an investigation following the assault of a Zanu-PF youth for putting President Emmerson Mnangagwa campaign posters outside a fast food outlet, Chicken lnn.The ...Published: 24 Jul 2023 at 06:52hrs | 3 | by Staff reporter
Mnangagwa accuses Indian business people of hoarding basic goods
President Emmerson Mnangagwa has issued a stern warning to the business sector and specifically targeted Indians, accusing them of stockpiling basic supplies to create artificial shortages and boost p...Published: 03 Jul 2023 at 16:10hrs | 2 | by Staff reporter
Mnangagwa barking up the wrong tree
PRESIDENT Emmerson Mnangagwa's first five-year term in office ends in a little less than two months, but his message against so-called "economic saboteurs" remains the same and one wonders if he reall...Published: 03 Jul 2023 at 07:13hrs | 1 | by Staff reporter
Mnangangwa's full speech at yesterday's Bulilima rally
WHEN Jesus was born the three wise men came from the East, Zanu-PF has wise men, they are the chosen ones who were instructed by Jehovah to fight this war of liberating the country.You who are...Published: 02 Jul 2023 at 07:42hrs | 11 | by Dambudzo Mnangagwa
A vote to remain masters of our own destiny
Here we reproduce excerpts of President Mnangagwa's speech to Zanu-PF supporters at Nyele Primary School in Bulilima, Matebeleland South province, yesterday.SalutationsWhen Jesus was b...Published: 02 Jul 2023 at 07:39hrs | 13 | by Emmerson Dambudzo Mnangagwa
Mnangagwa warns economic saboteurs
President Mnangagwa has issued a stern warning to some businesses that have, in the past few weeks, devised new measures to cripple the economy by creating artificial shortages of goods, saying Govern...Published: 02 Jul 2023 at 07:36hrs | 7 | by Staff reporter
Why Mnangagwa failed to improve Zim's economic prospects
IT is now more than five years since President Emmerson Mnangagwa assumed power with a mandate from his backers to improve the country's economic fortunes, the nemesis of his predecessor, Robert Gabri...Published: 29 Jun 2023 at 06:29hrs | 10 | by Martin Majaji
Innscor splashes US$109m on expansion projects
INNSCOR Africa Limited has spent about US$109 million in expansion projects in the country, including building new stockfeed mills and a state-of-the-art bakery in Bulawayo.Innscor group chief...Published: 18 Jun 2023 at 08:41hrs | 1 | by Staff reporter
Mnangagwa singles out Innscor pricing system
PRESIDENT Mnangagwa yesterday singled out diversified conglomerate Innscor as one of the businesses that have been unjustifiably raising prices of basic commodities such as bread leading to the suffer...Published: 16 Jun 2023 at 08:37hrs | 1 | by Staff reporter
MPs summon Mthuli Ncube
MEMBERS of Parliament (MPs) have demanded — again — that Finance minister Mthuli Ncube avail himself to the National Assembly to deal with the fast-deteriorating economic situation and answer ques...Published: 12 Jun 2023 at 06:45hrs | 1 | by Staff reporter
Are investors in African equities poised for wins amidst global turmoil?
It has been a tumultuous first quarter of 2023, and African equities have not been spared.Global markets started the year on a very positive note, with the S&P 500 up 9.0% at its peak in e...Published: 12 May 2023 at 11:17hrs | 6 | by Rami Hajjar, portfolio manager of the Allan Gray Africa ex-SA Equity Fund
Zimbabwean companies descend on the London Stock Exchange
Zimbabwean companies and corporate executives from home and in the diaspora will tomorrow descend on the London Stock Exchange (LSE) - one of the world's biggest bourses in the world with a market cap...Published: 19 Apr 2023 at 20:39hrs | | by Staff reporter
Zimbabwe to woo capital markets investors in London
ZIMBABWEAN government officials and corporate leaders are gearing for a major capital markets conference in London, United Kingdom, during the last week of next month to mobilise private capital to fi...Published: 08 Mar 2023 at 05:27hrs | | by Staff reporter
Zimbabwean children denied schooling in South Africa
Chicken Inn loses trademark row with Chicken SliceINNSCOR Africa Limited's bid to interdict its competitor, Slice Distributors (Pvt) Ltd, also trading as Chicken Slice, for trademark infringement ...Published: 22 Jan 2023 at 13:05hrs | 3 | by Staff reporter
Innscor invests in beer plant
ZIMBABWE Stock Exchange-listed Innscor Africa Holdings has invested close to US$70 million into a beer manufacturing plant under its Buffalo Brewing Company (Buffalo) with more funds expected to be in...Published: 11 Nov 2022 at 05:08hrs | 1 | 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
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 | 10 | by Staff reporter
Zimbabwe: Class IN itself versus Class FOR itself
US goose versus NED ganderTHERE is always more to write about than there is space to publish. Last week I had to drop two key matters, to allow myself to address in extenso what I sought to ra...Published: 21 May 2022 at 17:53hrs | | by Staff reporter
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