ACT New Zealand Primary Industries spokesman Don Nicolson called for an urgent inquiry into monopoly kiwifruit exporter ZESPRI International’s operations after allegations of dodgy business practices were highlighted on TVNZ’s ‘One News’ last night. It is alleged that ZESPRI had full knowledge of the actions of their importer in China and was complicit in their actions to defraud the Chinese …

Synlait Milk, the dairy company controlled by China’s Bright Dairy & Food, is considering an initial public offering in New Zealand three years after abandoning such a capital raising because of lack of investor demand. Bright Dairy emerged with a 51 percent stake in 2010, paying $82 million and said at the time it would consider a share market listing …

The New Zealand Superannuation Fund has excluded Barrick Gold, the world’s biggest gold miner, and an African subsidiary from its $22 billion investment fund, citing its human rights and environmental record. The Canada-based mining giant, which has a market capitalisation of C$21 billion, didn’t meet the human rights and environmental standards of the UN Global Compact, which the Super Fund …