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Mutapa to shake-up State firms
Mutapa Fund Plots Major Shake-Up of State-Owned Enterprises to Enforce Governance and ProfitabilityZimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out swe...Published: 13 Jul 2025 at 16:12hrs | 649 | by Staff reporter
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 850 | by Tendai Ruben Mbofana
CSC, Boustead Beef deal sparks court battle
The Cold Storage Company (CSC) has officially terminated its partnership with Boustead Beef, leading to legal action, according to Lands, Agriculture, Fisheries, Water and Rural Development Minister, ...Published: 21 Oct 2024 at 07:42hrs | 256 | by Staff reporter
Zimbabwe govt terminates CSC deal
The Zimbabwean government has terminated a US$130 million joint venture (JV) agreement with British investor Boustead Beef, which was intended to revive the Cold Storage Company (CSC). This decision c...Published: 16 Aug 2024 at 13:27hrs | 2158 | by Staff reporter
Mnangagwa's Mutapa fiasco raises eyebrows
Observers have raised concerns over President Emmerson Mnangagwa's decision to transfer the shareholding of 20 state-owned companies to the renamed Mutapa Investment Fund (MIF) without parliamentary i...Published: 24 Sep 2023 at 09:09hrs | 2 | by Staff reporter
Mutapa looting machine
PRESIDENT Emmerson Mnangagwa is full of surprises.He wants to be seen to be doing something and, in many instances, creates new offices that in reality are as clear as mud.Mutapa Inves...Published: 23 Sep 2023 at 21:34hrs | 1 | by Paidamoyo Muzulu
Chiwenga says Mnangagwa deserves another term
VICE-PRESIDENT Dr Constantino Chiwenga yesterday implored the electorate to vote for President Mnangagwa in the August 23 harmonised elections as he has religiously fulfilled the promises he made when...Published: 03 Aug 2023 at 06:44hrs | 17 | by Staff reporter
CCC MP candidate to push for laws against deindustrialisation
The Citizens Coalition Candidate for Change (CCC) candidate for Nketa Constituency, Obert Manduna, has a lofty goal to push for laws prohibiting deindustrialisation in Bulawayo once he is in Parliamen...Published: 21 Jul 2023 at 16:27hrs | 7 | by Staff reporter
Govt moves to relocate Gwayi-Shangani villagers
Matebeleland North Provincial Affairs minister Richard Moyo says government has deployed teams to plan for the relocation of Lubimbi villagers in Binga whose homesteads are in the Gwayi-Shangani dam c...Published: 13 Jul 2023 at 07:02hrs | | by Staff reporter
CSC takeover deal hits fresh turbulence
COLD Storage Company (CSC) corporate rescue practitioner has filed an urgent High Court application seeking the suspension of a Livestock Farming Concession Agreement (LFCA) signed between government ...Published: 02 Jul 2023 at 07:44hrs | 13 | by Staff reporter
Revived CSC fast gaining traction
THE revived Cold Storage Company (CSC), now CSC-Boustead Beef Zimbabwe, is fast gaining traction among stakeholders amid increasing business orders, as more players in the meat value chain utilise the...Published: 12 Jan 2023 at 07:23hrs | 59 | by Staff Reporter
CSC Boustead Beef Zimbabwe strikes gold in US
MEAT processor, CSC Boustead Beef Zimbabwe has struck a partnership agreement with United States-based Ethos asset management Inc in an arrangement that will see the American firm providing capital in...Published: 04 Nov 2022 at 05:36hrs | 2 | by Staff reporter
Mnangagwa son-in-law linked to attempt to seize CSC cold chain facility
Cold Storage Company (CSC) management in Harare is battling to ward off attempts by a close friend of President Mnangagwa's son-in-law Gerald Mlotshwa to seize control of a refurbished cold-chain faci...Published: 14 Sep 2022 at 06:05hrs | 3 | by Staff reporter
Chiwenga duped
The Cold Storage Company in Bulawayo remains closed, despite a grand "official re-opening" by Vice President Constantino Chiwenga on August 22, ZimLive can reveal.Chiwenga, then the acting pre...Published: 09 Sep 2022 at 19:57hrs | 7 | by Staff reporter
Zimbabwe on alert for measles outbreak
Cabinet received an update on the Country‘s Response to the Covid-19 pandemic, and a report on the procurement and roll-out of vaccines, as presented by the Chairman of the National Covid-19 Inter-M...Published: 24 Aug 2022 at 06:36hrs | 1 | by Staff reporter
Chiwenga praises Boustead Beef
BOUSTEAD Beef, a firm that is currently undertaking the revival of the Cold Storage Company (CSC), has so far pumped in US$24 million into the business, which is a complete violation of the Livestock ...Published: 20 Aug 2022 at 17:05hrs | 3 | by Staff reporter
Zanu-PF supporters go hungry and angry at Bulawayo beef company event
SCORES of Zanu-PF supporters, who attended the official re-opening of Boustead Beef Cold Storage Company (CSC) plant in Bulawayo Thursday, left the venue hungry and angry after the organisers of the e...Published: 19 Aug 2022 at 06:51hrs | 1 | by Staff reporter
Chiwenga shoots first beast in the resuscitation of CSC
THE revamped Cold Storage Company(CSC)-Boustead Beef factory, which resumed operations yesterday after 22 years of closure, will never be allowed to collapse again as its re-opening is anchored on ren...Published: 19 Aug 2022 at 06:41hrs | 1 | by Staff reporter
Zanu-PF bigwigs 'blocking' parastatal reforms
CONCERTED efforts by Treasury to push for key parastatal reform and privatisation of the loss-making entities have been frustrated by some hawkish cabinet ministers and senior bureaucrats, who have fo...Published: 17 Jun 2022 at 08:58hrs | 13 | by Staff reporter
Zanu-PF eyes Bulawayo seats in 2023
Zanu-PF's Bulawayo Greens district political commissar Elias Mweneziko said the party was set to regain all the seats it lost to the opposition in 2018.Bulawayo has been an opposition strongho...Published: 25 May 2022 at 06:40hrs | 6 | by Staff reporter
Govt mum on Gwayi-Shangani relocations
BINGA villagers in the Lubimbi area have accused government of not clear on their relocation from the Gwayi-Shangani dam catchment.A total of 2 422 people, whose homes lie in the dam's catchme...Published: 23 May 2022 at 06:42hrs | 2 | by Staff reporter
Brawl over CSC turns nasty
A nasty brawl between new investor in Cold Storage Company (CSC) and the judicial manager, which threatens to scupper current initiatives to revive the once-vibrant meat processor, has emerged, The Su...Published: 01 May 2022 at 11:05hrs | 4 | by Staff reporter
Mnangagwa showers praise on Bulawayo
PRESIDENT Mnangagwa is confident that Bulawayo will host a flawless Zimbabwe International Trade Fair (ZITF) this week.In his weekly column in The Sunday Mail, the President clearly had his fo...Published: 26 Apr 2022 at 08:19hrs | 1 | by Staff reporter
Money heist at CSC pension fund
THE Cold Storage Company (CSC)'s pension fund has been rocked by a scandal involving some former top executives, who are allegedly implicated in the spiriting away of millions of United States dollars...Published: 08 Apr 2022 at 12:11hrs | 12 | by Staff reporter
ED's penchant for dodgy deals ruins economy
PRESIDENT Emmerson Mnangagwa's penchant for dodgy deals from businesspersons and shady companies was once again brought into the spotlight this week after the government awarded Lithunian printing com...Published: 18 Dec 2021 at 11:23hrs | 15 | by Staff Reporter
20-year-old 'steals' 10 cars in a 2-months spree
POLICE in Bulawayo have arrested a 20-year-old man and four of his accomplices who had stolen 10 cars in a two-month spree of carjacking and car theft.The five reportedly stole 10 cars in the ...Published: 05 Dec 2021 at 06:15hrs | 11 | by Staff reporter
Subdued trade fair mirrors state of the country
AN old Zimbabwe International Trade Fair (ZITF) flag flutters at the entrance outside the exhibition grounds in Bulawayo. The sun-burnt and worn flag has clearly seen better days and maybe should have...Published: 23 Sep 2021 at 06:22hrs | 12 | by Staff reporter
Mining destroys CSC ranches
Some mining activities have left a trail of destruction at the Cold Storage Company (CSC)'s ranch and feed lot in Darwendale where the company used to keep at least 25 000 cattle. Mining compa...Published: 26 Aug 2021 at 06:32hrs | 3 | by Staff reporter
The MDC Alliance's warped view of democracy
Over a week ago, President Mnangagwa launched his biography, "A Life of Sacrifice". As expected, his detractors like journalist Hopewell Chin'ono and self-exiled G40 kingpin, Professor Jonathan ...Published: 16 Aug 2021 at 06:40hrs | 1 | by Nobleman Runyanga
Mnangagwa's penchant for dodgy companies astonishing
PRESIDENT Emmerson Mnangagwa's appetite for opaque deals from shady shelf companies and dodgy businesspersons was once again brought into the spotlight this week after British-registered Coven Energy ...Published: 14 Aug 2021 at 18:26hrs | 5 | by Staff reporter
Informal sector keeps Bulawayo running
THE informal sector in Bulawayo has contributed more than $13 million to council coffers through licence fees and rentals during the first six months of the year, Southern Eye has learnt.The l...Published: 10 Aug 2021 at 08:48hrs | | by Staff reporter
Govt delays bungle US$150m solar deal
A US$150 million solar power plant deal is facing collapse after prolonged bureaucratic delays frustrated the investor, who top government officials say is now considering pulling out and suing for lo...Published: 02 Jul 2021 at 19:40hrs | 1 | by Staff reporter
Farmers call for ban on private cattle sales
LIVESTOCK farmers from Matabeleland South Province have called on the Government to set a standard price for a beast and abolish private cattle sales as buyers are underpaying them for their animals....Published: 08 Jun 2021 at 06:36hrs | | by Staff reporter
Bulawayo industries on the mend, claims Parly
BULAWAYO industry is said to be on a recovery path after major biscuit and sweet manufacturer, Arenel recently got a US$3 million capital injection for new projects.The observation was made by...Published: 24 May 2021 at 06:49hrs | 2 | by Staff reporter
CSC in bid to recoup US$34m debt
COLD Storage Company (CSC) corporate rescue manager Vonani Majoko is planning to institute legal action against the parastatal's debtors to recoup an estimated US$34 million owed it by mostly Zanu-PF ...Published: 07 May 2021 at 06:35hrs | 4 | by Staff reporter
Bulawayo mayor condemns Sidojiwe Flats
BULAWAYO'S overcrowded Sidojiwe Flats in Belmont have been condemned as unsafe for human habitation.Mayor Solomon Mguni called for immediate decongestion of the overcrowded flats during a meet...Published: 29 Apr 2021 at 06:20hrs | 3 | by Staff writer
New farmers revel in land reform glory
ZIMBABWEAN farmers have shown a positive energy, desire and capability to restore the country to being the bread basket of the region as they revel in the success of the land reform programme which re...Published: 18 Apr 2021 at 08:58hrs | 3 | by Staff repoirter
Zanu-PF bigwigs' debts choke CSC
A Cold storage Company (CSC) debtors' list shows that Zanu-PF top officials renting the parastatal's farms owe hundreds of thousands of dollars to the ailing company, with revenue collections dropping...Published: 16 Apr 2021 at 08:03hrs | 3 | by Staff reporter
Ngoni Kudenga rejected by CSC creditors
CREDITORS of the defunct Cold Storage Company have voted Mr Vonani Majoko of Majoko and Majoko Legal Practitioners as the new interim corporate rescue practitioner for the country's meat processor and...Published: 02 Apr 2021 at 09:09hrs | 2 | by Staff reporter
Zanu-PF bigwigs in fresh trouble
THE Zimbabwe Anti-Corruption Commission (Zacc) has launched a fresh investigation into allegations that Zanu-PF bigwigs unjustly benefited from lengthy leases from the ailing Cold Storage Company (CSC...Published: 01 Apr 2021 at 07:27hrs | 2 | by Staff reporter
75% of Bulawayo's industrial plants idle
THE battle to reposition Bulawayo as the heartbeat of Zimbabwe's industries appears to be hitting a brick wall.Just when national manufacturing output is reportedly rising, Bulawayo's industri...Published: 21 Mar 2021 at 08:36hrs | 1 | by Staff reporter
Top banker Jinya makes grand return
IT is an appointment that many least expected. But ex-Nedbank managing director (MD) Charity Jinya made a surprise return to the country's banking industry on Saturday after Finance minister Mthuli Nc...Published: 21 Feb 2021 at 21:43hrs | 3 | by Staff reporter
60% of Bulawayo companies close shop
THE labour movement, consumer rights groups, small enterprises and informal traders have lamented the continuous collapse of Bulawayo industries amid revelations that up to 60% of companies have close...Published: 19 Feb 2021 at 07:04hrs | 146 | by Staff reporter
Pensions scandal rocks CSC
Former managers and ex-board members of the Cold Storage Company (CSC) spirited away millions of dollars from the company's pension fund – magnifying the rot in State owned enterprises and parastata...Published: 12 Feb 2021 at 05:40hrs | 4 | by Staff reporter
Call for revival of Bulawayo industry
CIVIL society organisations have called on the government to formulate a policy aimed at reviving industries in Bulawayo.Zimbabwe's second largest city used to be an industrial hub before a co...Published: 05 Feb 2021 at 06:53hrs | | by Staff reporter
Govt probes CSC investor
A PROBE into the operations of a firm that clinched the deal to revive the Cold Storage Company (CSC) two years ago kicked off in December, with Lands, Agriculture, Water and Rural Resettlement minist...Published: 29 Jan 2021 at 07:01hrs | 2 | by Staff reporter
CSC deal under scrutiny
THE Government says the corporate rescue proceedings being implemented on the Cold Storage Company (CSC), among other issues seeks to examine Boustead Beef operations and capacity to revive operations...Published: 27 Jan 2021 at 05:55hrs | 1 | by Staff reporter
Consortium secretly inspects CSC assets
FRESH details have emerged revealing how a consortium of local industrialists and companies - CSC (2016) - is angling to take over the defunct Cold Storage Company (CSC) through a US$225 million bid....Published: 22 Jan 2021 at 06:48hrs | 10 | by Staff reporter
Local firms vie for CSC
A CONSORTIUM of local companies and industrialists are seeking to seize a 75% stake in the defunct Cold Storage Company (CSC) after tabling a US$225 million investment proposal to the government....Published: 15 Jan 2021 at 07:46hrs | 5 | by Staff reporter
Auditor-General exposes CSC rot
A NUMBER of Cold Storage Company (CSC) senior managers did not have relevant qualifications to drive the turnaround of the company with one line manager exposed as only having an Advanced Level certif...Published: 09 Jan 2021 at 18:37hrs | 3 | by Staff reporter
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