HARARE, December 5 (The Source) – State-run pension fund, National Social Security Authority (NSSA), says it has started due diligence processes to acquire an 80 percent stake in the struggling Cold Storage Company (CSC) after the government approved the transaction.
HARARE, September 21 (The Source) – The National Social Security Authority’s (NSSA) $18 million deal to recapitalize Cold Storage Commission (CSC) will go ahead after the High Court approved a scheme of arrangement between the meat processor and its creditors, an official has said.
HARARE, July 10 (The Source) – The National Social Security Authority said on Monday that it will increase minimum retirement pension benefit by 33 percent from $60 per month to $80 per month with effect from October 1.
BULAWAYO, June 7 (The Source) — Zimbabwe’s debt-stricken meat processor, Cold Storage Company (CSC), owes Bulawayo City Council (BCC) $1.5 million as at April 30 this year in outstanding rates, latest council minutes show. “The Town Clerk reported (26th May, 2017) that (CSC) owed council… Read More
HARARE, March 29 (The Source) – State-run pension fund, the National Social Security Authority (NSSA), says it is investing $18 million to revive struggling Cold Storage Company (CSC), with the deal expected to begin this year. CSC, at one time the largest meat processor in… Read More
VICTORIA FALLS, July 28 (The Source) – Finance and economic development Minister Patrick Chinamasa says government is considering shutting down non-performing state-owned companies because they have become a drag on the country’s economic recovery efforts. State-owned companies have come under spotlight in recent months after… Read More