Local firms vie for CSC
The Zimbabwe Independent TINASHE KAIRIZA 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. However, there are fears that the new proposal may trigger a legal battle as the government already has a deal with British firm, Boustead (Pvt) Limited. The subsisting agreement is valued at US$130 million. Documents show that the consortium, trading as CSC 2016, is represented by a team led by former CSC chief executive and Monetary Policy Co...
Source: theindependent.co.zw