Pioneer Corp. Africa to Take Control of Unifreight Zimbabwe

Pioneer Corp. (6773) Africa Ltd. plans to take control of Unifreight Zimbabwe Ltd. in a transaction worth about $7.2 million, Chief Executive Officer Albert Ushe said.

“We are still waiting for final approval from the Competition Commission,” Ushe said in an interview at his office today in Harare, Zimbabwe’s capital.

Pioneer owns transport businesses in Zimbabwe, South Africa, Botswana and Mozambique.

To contact the reporters on this story: Godfrey Marawanyika in Harare at; Brian Latham in Johannesburg at

To contact the editor responsible for this story: Antony Sguazzin at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.