CSC sinks in $22 million debt

BULAWAY0, October 9 (The Source) – State-owned meat processor Cold Storage Company (CSC) is saddled with a $22 million debt and owes workers $2,1 million in outstanding salaries, chief executive officer Ngoni Chinogaramombe said on Wednesday. Chinogaramombe told the two deputy ministers of agriculture, Paddy… Read More

Sable seeks $12 million capital injection

KWEKWE, October 7 (The Source) – Nitrogenous fertilizer manufacturer Sable Industries is seeking $12 million in new capital to boost its production capacity, the company’s chief executive officer said on Monday. Sable is Zimbabwe’s sole manufacturer of ammonium nitrate (AN) but is currently operating at… Read More