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Boustead Beef blocked Kudenga from accessing CSC books

Boustead Beef, which entered into a US$130 million joint venture agreement with the government to revive the Cold Storage Company at the beginning of 2019, blocked Ngoni Kudenga who was appointed the company’s corporate rescue practitioner in December last year from accessing the CSC’s financial records. Instead, the Boustead Beef with the help of lawyer ....

Vonani Majoko , Dumisani Dube , Ngoni Kudenga , Boustead Beef Pvt Ltd , Cold Storage Company , Boustead Beef , Insolvency Act , Joint Venture , Livestock Growth ,

Zimbabwe government team locked out of CSC offices, meets in car park

Members of a sub-committee appointed by Bulawayo Provincial Affairs and Devolution Minister Judith Ncube to look into what is stalling the turnaround of the Cold Storage Company, which was placed under a corporate rescue plan in December 2020, were locked out of the CSC offices and had to meet in the car park. The CSC, ....

United Kingdom , Zimbabwe General , Ngoni Kudenga , Vonani Majoko , Judith Ncube , Bulawayo Provincial Affairs , Cold Storage Company , Devolution Minister Judith Ncube , Boustead Beef , Agriculture Minister Anxious Masuka , Deputy Minister , Raj Modi , Ian Smith ,

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 Agr. ....

Zimbabwe General , Vonani Majoko , Crispen Mwete , Nicholas Havecroft , High Court On , Boustead Beef Uk Pvt Ltd , High Court , Storage Company , Livestock Farming Concession Agreement , Boustead Beef United , Boustead Beef , Anxious Masuka ,

Power restored at CSC-Boustead Beef after more than 7 weeks

Power was restored at CSC-Boustead Beef after the company had gone for more than seven weeks without electricity over the failure to pay an electricity bill of about US$20 000 clearly indicating that the investor has no capacity to revive the meat processor which was one of the biggest on the continent. Power was cut ....

Constantino Chiwenga , Vonani Majoko , Cold Storage Company , Boustead Beef , Vice President Constantino Chiwenga , United States , Ethos Asset Management ,