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Topic : Cold Storage Company

CSC gets US$9m injection to settle local debts

MIF’s milestone follows the April approval of a revival plan crafted by CSC corporate rescue practitioner Crispen Mwete, aimed at resuscitating what was once Africa’s largest integrated meat processor

By Tinashe Kairiza Aug. 1, 2025

CSC gets US$9m injection to settle local debts

British investor clings to CSC abattoir despite deal collapse

Despite the termination, Boustead Beef has refused to vacate the Bulawayo facility, one of the country’s largest abattoirs with a daily slaughter capacity of 800 cattle.

By Mthandazo Nyoni Jun. 20, 2025

British investor clings to CSC abattoir despite deal collapse

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CSC re-opening uncertain

Government transferred the once mighty meat processor to the Mutapa Investment Fund following the collapse of a US$130 million joint venture with British investor Boustead Beef.

By Harriet Chikandiwa Apr. 4, 2025

Proper due diligence vital in state deals

Court documents did not disclose whether Boustead lacked the financial capacity or simply lost interest.

By The Zimbabwe Independent Aug. 23, 2024

Proper due diligence vital in state deals

CSC deal collapses

CSC had held lucrative export quotas to European Union markets in the 1990s before collapsing due to extensive mismanagement.

By Mthandazo Nyoni and Shame Makoshori Aug. 16, 2024

Zanu PF’s unfulfilled promises loom large in region ahead of elections

The government was forced to place CSC under corporate rescue in December 2020 after realising that Boustead Beef had failed to fulfil its part of the agreement.

By Silas Nkala Aug. 13, 2023

Zanu PF’s unfulfilled promises loom large in region ahead of elections

Govt moves to relocate Gwayi-Shangani villagers

Moyo told NewsDay that construction work had already commenced at the site where the villagers would be relocated.

By Patricia Sibanda Jul. 13, 2023

Govt moves to relocate Gwayi-Shangani villagers

EMA to go after chrome miners over abandoned pits

They said big miners, or their representatives, were also roaming the Great Dyke, including invading open cast chrome shafts left by other miners before.

By Elma Zhoya Apr. 14, 2023

EMA to go after chrome miners over abandoned pits

The struggle for survival leaves Darwendale environs scarred

Areas bearing the worst scars of Great Dyke’s chrome rash include a Cold Storage Company (CSC) farm where artisanal miners have left a trail of destruction.

By Elma Zhoya Mar. 17, 2023