BUSINESS NEWS

Debt-ridden CSC downscales

COLD Storage Company (Ltd), a beef producer with refrigerated warehousing, has downscaled its operations and put its employees on a "short time" work schedule under which they will now be paid based o...

By Staff reporter | Published: 13 September 2018

LANDS & AGRICULTURE

CSC revival brings hope to livestock farmers

PLAYERS in the livestock industry have hailed efforts by the Government to revive ailing meat processor and marketer, Cold Storage Company (CSC), describing them as a major stride towards enhancing th...

By Staff reporter | Published: 20 July 2018

LANDS & AGRICULTURE

UK investor eyes CSC

THE Cold Storage Company (CSC) has identified a United Kingdom-based investor set to inject $100 million into Zimbabwe's largest beef processing firm.The ailing State-owned entity, which requires betw...

By Staff reporter | Published: 12 July 2018

LANDS & AGRICULTURE

Govt moves to recapitalise CSC

Government has moved closer to concluding a deal to recapitalise the Cold Storage Company (CSC) with potential investors, Lands, Agriculture and Irrigation Development Minister Perrance Shiri has said...

By Staff reporter | Published: 12 July 2018

BUSINESS NEWS

Investor beefs up CSC revival, says Mnangagwa

Cabinet will next week approve an investor to partner Government in reviving the Cold Storage Company (CSC), as the new administration continues implementing a raft of measures to resuscitate companie...

By Staff reporter | Published: 18 June 2018

BUSINESS NEWS

UK market craves for Zimbabwe beef, says CSC

THE UK is craving for Zimbabwean beef products and has engaged the Cold Storage Company (CSC) to resume exports to the lucrative market, an official has said.The country's largest beef processor and m...

By Staff reporter | Published: 15 June 2018

BUSINESS NEWS

Mnangagwa to tour CSC, Mashava Mine

President Mnangagwa will on Friday tour the Cold Storage Company's Masvingo plant and Mashava Mine ahead of plans to reopen the two firms, a development expected to breathe life into the province's ec...

By Staff reporter | Published: 06 June 2018

BUSINESS NEWS

Command livestock to ensure CSC revival

GOVERNMENT is anchoring the revival of the Cold Storage Company (CSC) on Command Livestock, with emphasis on artificial insemination, which has a 60 percent success rate for a new breed of bulls and h...

By Staff reporter | Published: 25 May 2018

BUSINESS NEWS

CSC recapitalisation deal edges close

THE Cold Storage Company (CSC) recapitalisation deal is expected to be finalised early next month, Lands, Agriculture and Rural Resettlement deputy minister, Davis Marapira has said.Marapira told News...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

Govt identifies investors for CSC

Government has identified several investors willing to fund the resuscitation of the Cold Storage Company amid reports that at least $100 million was required to bring the parastatal back on its feet....

By Staff reporter | Published: 07 May 2018

BUSINESS NEWS

Zimbabwe scouts for fresh CSC investors

GOVERNMENT is scouting for fresh investors to revive operations at the ailing Cold Storage Company (CSC) as part of measures to stimulate economic growth and create jobs, a Cabinet Minister said.CSC i...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Govt urged to prioritise CSC revival

GOVERNMENT should fast track the revival of the Cold Storage Company (CSC) to stimulate growth of the leather industry and ensure increased contribution to the economy, players in the sector have said...

By Staff reporter | Published: 16 April 2018

BUSINESS NEWS

CSC market share shrinks

THE ailing Cold Storage Company (CSC)'s market share has shrunk, with the company processing 2% of the country's 300 000 slaughter levels per annum, an official has said.Responding to questions from d...

By Staff reporter | Published: 10 April 2018

INDUSTRIALS & ENERGY

Mnangagwa to tour CSC Masvingo unit

PRESIDENT Emmerson Mnangagwa will in the next few weeks visit the Cold Storage Company (CSC) unit in Masvingo and also tour the defunct Mashaba Mine in Mashava, a senior ruling party official has sai...

By Staff reporter | Published: 06 April 2018

LANDS & AGRICULTURE

CZI pushes for CSC revival

The Confederation of Zimbabwe Industries (CZI) Masvingo chapter says the government should prioritise the recapitalisation of the Cold Storage Commission (CSC) as many downstream industries stand to b...

By Staff reporter | Published: 13 February 2018

BUSINESS NEWS

NSSA seeks to revive CSC

The National Social Security Authority (NSSA) is targeting to release the approved US$18 million investment by March towards the revival of Cold Storage Company (CSC). The development comes after Gove...

By Staff reporter | Published: 08 January 2018

INDUSTRIALS & ENERGY

NSSA to acquire 80% of CSC

THE National Social Security Authority (NSSA) will take up 80 percent equity in the Cold Storage Company, injecting a reported $20 million, as it embarks on the resuscitation of the stricken meat proc...

By Staff reporter | Published: 07 December 2017

BUSINESS NEWS

NSSA eyes CSC equity

THE National Social Security Authority (NSSA) says its $18 million investment deal to revive Cold Storage Company (CSC) was on course, with positive engagements underway that will culminate in the eve...

By Staff reporter | Published: 19 October 2017

BUSINESS NEWS

CSC partners NSSA

Plans are at an advanced stage to resuscitate the Cold Storage Commission here, with the National Social Security Authority (NSSA) partnering Government as the majority shareholder.Modalities for the ...

By Staff reporter | Published: 25 September 2017

BUSINESS NEWS

CSC revival to boost national economy

THE demise of the Cold Storage Company (CSC) had negative ripple effects to the downstream industries culminating in the closure of hundreds of companies, an official has said.Leather Institute of Zim...

By Staff reporter | Published: 10 September 2017

BUSINESS NEWS

NSSA to invest $18 million in CSC

CABINET has approved investment of $18 million towards the revival of the Cold Storage Company (CSC) by the National Social Security Authority (NSSA).Deputy Minister of Agriculture, Mechanisation and ...

By Staff reporter | Published: 06 September 2017

LANDS & AGRICULTURE

CSC rolls out green pastures programme

THE Cold Storage Company (CSC) has engaged livestock farmers on a programme dubbed "green pastures" meant to enhance development of feedlots for quality production.CSC Marketing director, Mr Isaiah Ma...

By Staff reporter | Published: 31 July 2017

LANDS & AGRICULTURE

Zim govt cranks up CSC revival

AFTER years of going back and forth on Cold Storage Company (CSC)'s revival, government believes it has finally found that missing link which could do the trick - Command Livestock.Command Livestock i...

By Staff reporter | Published: 26 July 2017

LANDS & AGRICULTURE

CSC disputes leave investors with cold feet

DELAYS in resolving the dispute between the Cold Storage Company (CSC) and its creditors, mainly former workers, is likely to frustrate investors and prejudice already secured markets, analysts have ...

By Staff reporter | Published: 23 July 2017

LANDS & AGRICULTURE

CSC tannery improves operations

Meat processor Cold Storage Company says it has registered an increase in hides processed at its tannery following the imposition of an export levy on raw hides by Government.Government introduced a 7...

By Staff reporter | Published: 24 June 2015
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