Govt scouts for fresh CSC investors
April 23, 2018
Government is scouting for fresh investors to revive operations at the ailing CSC. According to sources a joint venture proposal by Swiss and UK investors to revive the CSC is set to be finalised by end of month.
NSSA pumps $20m into CSC plant revival
February 21, 2018
NSSA has unveiled a $20 million loan facility to recapitalise the CSC in Masvingo Industrial Area.The CSC’s beef processing plant has been lying idle for the past 12 years. Over 500 direct jobs are expected to be created once the plant starts operating.
NSSA to acquire 80 percent of CSC
December 07, 2017
In a quarterly update issued last week, NSSA chairman Robert Vela said the cash-rich statutory fund had started conducting a due diligence probe into CSC, which would lead to the capital injection.