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National Foods to Pay Unfairly Dismissed Worker Over US$86,000
National Foods Limited is yet to pay an unfairly dismissed employee over US$86,000, as ordered by the High Court.Tendai Bonde, a former...Published: 02 Oct 2024 at 07:03hrs | 1221 | by Stephen Jakes
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 | 10 | by Staff reporter
Delta takes Zimra to court
Zimbabwe's largest beverages producer recently announced its opposition to a US$54.8 million tax claim, labeling it as unjust enrichment for the Zimbabwe Revenue Authority (Zimra). Delta Corporation, ...Published: 18 May 2024 at 12:17hrs | 22 | by Staff reporter
Clerk arrested for stealing US$17,000
A cashbook clerk employed by National Foods Limited has been brought before the Harare magistrates' court, facing allegations of defrauding his employer to the tune of US$17,000. The case was represen...Published: 29 Sep 2023 at 06:23hrs | | by Staff reporter
Foreign banks troop to Zimbabwe forex auction
UNITED States-based multinational investment outfit JP Morgan was among global lenders that repatriated a combined US$30 million through the Reserve Bank of Zimbabwe (RBZ)'s forex auction system by th...Published: 13 May 2022 at 19:10hrs | 1 | 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 | 13 | by Staff reporter
Milling company splits groceries unit
LISTED milling company, National Foods Limited, is splitting its groceries unit into the down-packed and traded goods units while US$4 million has been planned for investment into additional cereal ma...Published: 15 Nov 2021 at 05:25hrs | 10 | by Staff reporter
LSZ deregisters Bulawayo lawyer for double-dipping
THE Law Society of Zimbabwe (LSZ) has deregistered Bulawayo lawyer Llyod Manokore, who is also the founder of Manokore Attorneys DLA Piper Africa Zimbabwe, for double-dipping after representing two pa...Published: 19 Apr 2021 at 06:24hrs | 4 | by Staff reporter
LSZ deregisters 'double-dipping' lawyer
FOUNDER and managing partner of Manokore Attorneys DLA Piper Africa Zimbabwe, Lloyd Manokore, has been deregistered by the Law Society of Zimbabwe (LSZ) for unethical conduct after representing two pa...Published: 29 Mar 2021 at 06:28hrs | 2 | 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
National Foods offer funds to rehabilitate road
THE National Foods Limited has approached the Bulawayo City Council (BCC) offering funds to rehabilitate one of the roads providing access to its property, on condition that the local authority would ...Published: 31 Dec 2020 at 10:36hrs | | by Staff reporter
RBZ releases US$7m for bonded wheat
The Grain Millers Association of Zimbabwe (GMAZ) says it has secured US$7 million from the Reserve Bank of Zimbabwe (RBZ) to import 19 000 metric tonnes of wheat.The revelation came after sour...Published: 20 Jun 2019 at 07:58hrs | 1 | by Staff reporter
Zimbabwe runs out of wheat
Zimbabwe has run out of wheat and bakeries in the country may soon not be able to produce bread.One of the leading bakeries has suspended operations and other major players are holding their b...Published: 16 Jun 2019 at 09:41hrs | 2 | by Staff reporter
WATCH: Future Zimbabwe President speaks at Dabengwa memorial
Brian Kagoro is a Zimbabwean lawyer. He was instrumental in the formation of Crisis in Zimbabwe Coalition. He has served as a consultant for several regional organisations including the African Union ...Published: 31 May 2019 at 10:11hrs | | by Ndou Paul
Zimbabwe to import 900,000 tonnes of maize
Meanwhile, a Mauritius based firm, Afrigran Trading, has terminated its cereal supply contract with National Foods Limited (Natfoods) after the Reserve Bank of Zimbabwe (RBZ) failed to honour a US$55 ...Published: 28 Mar 2019 at 07:47hrs | 4 | by Staff reporter
RBZ,Nat Foods strikes a deal
DIVERSIFIED milling firm, National Foods Limited, says it has struck a deal with the Reserve Bank of Zimbabwe to assume its legacy debt amounting to $54,9 million owed to one of its major grain suppli...Published: 15 Mar 2019 at 05:53hrs | | by Staff reporter
National Foods switches off wheat milling machines
ONE of the biggest millers in the country, National Foods Limited (NFL) says it will today switch off its wheat milling machines, citing non-payment of its foreign suppliers, with the country facing p...Published: 05 Dec 2018 at 05:44hrs | | by Staff reporter
Fake brown bread on the market
Some unscrupulous bakers are reportedly colouring white flour brown in making bread as a substitute to using brown flour, NewsDay reported.The difference between colouring white flour brown an...Published: 14 Nov 2018 at 05:52hrs | 1 | by Staff reporter
Natfoods bosses accused of looting trust shares
National Foods Limited (NFL) workers have accused their management of 'looting' their trust shares amounting to 0,15% of the company's entire issued share capital.According to the settlement o...Published: 26 Oct 2018 at 07:12hrs | | by Staff reporter
Mnangagwa's gukurahundi commission overlooks Ndebeles for commissioners
THE National Peace and Reconciliation Commission has suspended consultations that were expected to start today after human rights campaigners went to court for the process to be shelved pending the ap...Published: 10 Feb 2018 at 17:03hrs | 1 | by Staff reporter
National Foods offering credit facility to farmers
The National foods limited (NFL) is offering a credit facility to farmers who can account for $5 000, $10 000, $30 000, $100 000, depending on built up capacity of fowl runs or feedlot. A...Published: 04 Jul 2016 at 04:10hrs | 3 | by Stephen Jakes
Woman dumps hubby as 'he loves his mother more than me'
A Mutare woman - Yvonne Chigwanda revealed that she had divorced her husband because he seemed to love his mother more than her.This left Daniel Takawira left stunned in court.Ch...Published: 05 Feb 2016 at 06:58hrs | 1 | by Staff Reporter
Man allegedly divorce wife because he loves mother
A woman from Mutare last week left the court stunned when she claimed that she had divorced her husband because he seemed to love his mother more than her. Yvonne Chigwanda said this whi...Published: 01 Feb 2016 at 13:06hrs | 2 | by Tendai Gukutikwa
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 | 1 | by Staff reporter
Econet under investigation
THE Competition and Tariff and Commission (CTC) has started gathering information which may result in a fully-fledged investigation on alleged uncompetitive behaviour by Econet Wireless.CTC ha...Published: 13 Jun 2014 at 11:07hrs | | by Tinashe Makichi
National Foods worker murdered by fellow employees
A worker at National Foods Limited in Bulawayo has allegedly been killed by other workers.Domingo Ndlovu was crushed by more than 15 tonnes of maize grain when his two unnamed workmates al...Published: 18 Mar 2014 at 19:17hrs | 1 | by Staff Reporter
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 | 2 | by Staff Reporter
Zimbabwe Industrial shares fall
INDUSTRIAL shares on the Zimbabwe Stock Exchange slid into the red on Friday, ending a two-day winning streak mostly on losses in OK Zimbabwe and DZHL.After trades, the mainstream index was do...Published: 24 Mar 2013 at 23:25hrs | | by Staff Reporter
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