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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 Committee (MPC) member Eddie Cross, Presidential Advisory Committee (PAC) member and United Refineries executive Busisa Moyo and Southern Africa Regional Roundtable for Sustainable Beef vice-president Max Makuvise. ....
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 Committee (MPC) member Eddie Cross, Presidential Advisory Committee (PAC) member and United Refineries executive Busisa Moyo and Southern Africa Regional Roundtable for Sustainable Beef vice-president Max Makuvise. ....