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CSC moves to clear $1.5m debt

The Cold Storage Company (CSC) plant in Bulawayo Oliver Kazunga, Senior Business ReporterTHE Cold Storage Company (CSC) will next month convene a scheme of arrangement with its creditors including foreign creditors who are owed about $1.5 million. The ailing parastatal intends to turn its operations around riding on capital injection from the National Social Security Authority (NSSA), which will see …

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12 models to graduate from Strides Agency

Some of the Strides Modelling Agency graduands Showbiz ReporterTHE stage is set for the Strides Modelling Agency graduation ceremony that will be held on Saturday where 12 models are set to be capped with organisers saying they had to change the venue for logistical purposes. Ten years since the last graduation, the modelling agency popular for hosting much talked about …

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EDITORIAL COMMENT: CSC board must work on resuming beef exports urgently

Cold Storage Company Bulawayo branch FOR many years the Cold Storage Company (CSC) has remained a sleeping giant despite its economic potential. Saddled with legacy debts running into millions of dollars owed to different creditors accrued since adoption of the multiple currency system in 2009, CSC has been in the red, failing to attract lines of credit to reboot its …

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Zimpost eyes 5 percent market share

Kiyapili Sibanda, Business ReporterPOSTAL and courier service provider Zimpost has set a target of snapping five percent market share this year through its Zipcash electronic money transfer platform. Zipcash is Zimpost’s electronic money transfer service that is available at its more than 240 outlets around the country. The company said the target would be achieved through expanding partnership with players …

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South Sudan unveils strategic plan to protect oil fields

April 24, 2017 (JUBA) – South Sudan government has unveiled a strategic plan to protect its oilfield in order to curb sabotage and allay fears of kidnapping by the armed opposition of foreign workers. Soldiers from the South Sudanese army (SPLA) guard an oil facility (AFP) The presidential advisor on security affairs, Tut Kew Gatluak told reporters that the general …

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Sudan’s legislature endorses constitutional amendments on freedoms

April 24, 2017 (KHARTOUM) – Sudan’s National Legislature on Monday passed by majority draft constitutional amendments on freedoms on the Third Reading stage but the final approval was delayed due to lack of quorum. The Sudanese Parliament building In February, Sudanese presidency deposited new amendments to the 2005 transitional constitution with the parliament providing to restrict the powers of the …

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S. Sudan security recommends dismissal of chief justice

April 24, 2017 (JUBA) – South Sudanese security service officials have allegedly advised President Salva Kiir to remove and replace the country’s Chief Justice, Chan Reec Madut, warning that a delay to could result in the situation being exploited by political dissidents and sections of frustrated populations to go on a mass demonstration. “The issue of chief justice is a …

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Sudan, Nigeria agree to join forces to fight terrorism

April 24, 2017 (KHARTOUM) – Sudan’s Defence Minister Awad Ibn Ouf and his visiting Nigeria counterpart Mansur Mohammed Dan-Ali Monday have discussed issues of common concern between the two countries. Following the meeting, Ibn Ouf told reporters they agreed to promote cooperation and coordination between the two countries in all fields particularly ways to combat terrorism, pointing to Nigeria’s great …

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Joseph Kamwendo, four others joins Flames camp

Flames head coach Ronny Van Geneugden has called into camp veteran Be Forward Wanderers midfielder Joseph Kamwendo ahead of the upcoming second leg clash in the 2018 Championship of African Nations (CHAN) preliminary round. Kamwendo called into Flames camp. The Malawi Senior National team conceded with three minutes to play on the clock against the Barea Stars.Now, with the second …

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