EMA to go after chrome miners over abandoned pits
The struggle for survival leaves Darwendale environs scarred
Zesa disconnets CSC-Boustead Beef over US$27K debt
New twist to CSC, Boustead Beef saga
Boustead Beef seeks to end CSC corporate rescue
CSC entered administration in 2020 after the government claimed that the Livestock Joint Farming Concession Agreement (LJFCA) it entered into with Boustead in 2019 was difficult to implement.
Boustead Beef seeks to end CSC corporate rescue
CSC entered administration in 2020 after the government claimed that the Livestock Joint Farming Concession Agreement (LJFCA) it entered into with Boustead in 2019 was difficult to implement.
British investor makes new claim over CSC . . . Boustead says it took over full control of the beef processor in 2019
The document, which is dated April 8, 2019 reads: “Extract of minutes of a board meeting held at Harare, Zimbabwe on Monday, 8 April 2019. It was agreed that after the acquisition of the Cold Storage Company Zimbabwe and its subsidiary Wetblue Industries Pvt Ltd by Boustead Beef Zimbabwe Pvt Ltd, that the subsidiary be removed from judicial management”.
British investor makes new claim over CSC . . . Boustead says it took over full control of the beef processor in 2019
The document, which is dated April 8, 2019 reads: “Extract of minutes of a board meeting held at Harare, Zimbabwe on Monday, 8 April 2019. It was agreed that after the acquisition of the Cold Storage Company Zimbabwe and its subsidiary Wetblue Industries Pvt Ltd by Boustead Beef Zimbabwe Pvt Ltd, that the subsidiary be removed from judicial management”.
CSC debt saga takes shocking turn
The LJFCA deal empowered Boustead Beef to assume control of CSC’s ranches and meat processing facilities across the country, along with managing distribution centres and residential properties in Harare, Gweru and Mutare for a period of 25 years.
