CSC gets US$9,3m lifeline
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CSC Roars Back: Zimbabwe's Beef Giant Trebles Slaughter Rate After US$9.3m Rescue
Zimbabwe’s state-run Cold Storage Company (CSC), once one of Southern Africa’s largest meat processors and a beef exporter to the European Union, is showing its strongest signs of recovery in two decades after being pushed to the brink of collapse by mounting debt. The Bulawayo-based processor has trebled its daily slaughter figures from 50 to […]
CSC gets US$9,3m lifeline
Judith Phiri in BULAWAYO THE Cold Storage Company has received a US$9,3 million cash injection from Mutapa Investment Fund and this has been channelled towards refurbishing facilities at the company’s flagship operations in Bulawayo, boosting the abattoir’s capacity from 320 to 800 cattle per day. The investment offers a potential lifeline to livestock farmers in […]
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