Govt targets devious retailers
Government has begun taking steps to curb wanton price increases by retailers to avoid plunging the country’s fragile economy into bouts of instability.
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Government has begun taking steps to curb wanton price increases by retailers to avoid plunging the country’s fragile economy into bouts of instability.
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 liable to a fine as high as US$60 million.
The Zimbabwe Electricity Supply Authority (ZESA) has approached the Administrative Court trying to challenge an order by the Competition and Tariff Commission compelling them to bill consumers using actual meter readings and desist from unfair load-shedding.