Bleak year ends for CSC, will 2022 be any better?

Uppermost in workers’ minds is who is really behind the so-called British investor?  Why is he still at the plant when he has totally failed to revive the plant?

There is a feeling that he has some very powerful political connections because he has not been kicked out despite failing to invest US$45 million in the first year, 2019, as agreed.

He has not given way to the corporate rescuer despite a High Court judgment ordering that the company be placed under judicial management to revive the company which used to be the largest meat processor in Africa.

But more importantly why is the investor, who was supposed to pay rentals of US$100 000 per annum during the first five years of the concession agreement, taking all the rent from  CSC properties and stashing it into his own account?

This is one of the reasons why the corporate rescue has sought legal advice on the way forward.

The arrogance being displayed by the investor gives the impression that some powerful person is protecting the investor.

During negotiations to retrench workers, representatives of the investor told the workers that President Emmerson Mnangagwa was personally involved.

Mnangagwa’s administration has successfully revived projects that had stalled during the first administration raising questions as to why it is dilly-dallying on the CSC?

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