CSC Bulawayo branch fully operational
Pretty Manyewe
The recently reopened Cold Storage Company (CSC) Bulawayo branch is now fully operational with a staff complement of 169 employees.
The CSC was resuscitated through a concessionary Rehabilitate, Operate and Transfer (ROT) Agreement. A Livestock Joint Farming Concession Agreement was subsequently signed between the Government of the Republic of Zimbabwe and Boustead Beef (Pvt) Ltd on January 22, 2019.
According to the Minister of Information, Publicity and Broadcasting Services, Monica Mutsvangwa, following the take-over, employees started receiving their contractual salaries and benefits; and statutory payroll deductions were remitted to NSSA, ZIMRA, and ZIMDEF, among other agencies.
“Boustead Beef (Pvt) Ltd has to date utilized US$24 million in the rehabilitation of CSC. The rehabilitation of the Bulawayo plant is now complete, and it was re-opened by the Honourable Vice President, Dr C.D.G.N. Chiwenga on 18th August, 2022. This has paved way for an increase in slaughter capacity to 2 000 cattle per day, from the previous 60. Repairs for the Bulawayo Canning Plant have also commenced. Infrastructure at three ranches has been rehabilitated and modernized,” said Minister Mutsvangwa.
The CSC Board is now in place, and is seized with the accelerated rehabilitation of assets and mapping of a business strategy for the organization.
In terms of future plans for the CSC, she said, “CSC has initiated a livestock feedlot operation and micro-finance facility of US$36million, which at full capacity can finance up to 120 000 head. CSC is also negotiating export contracts for beef products to the United Kingdom, various European Union member States, Malta, and Middle Eastern, Asian and African markets. Samson Brands has also been incorporated to market the CSC products on the local market.”
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