In a statement issued on 18 December but published in the Sunday Mail yesterday, Masuka said Kudenga should examine investments made by Boustead Beef since it entered into a joint venture agreement with the government on 22 January 2019 and operational initiatives it implemented since the signing of the agreement.
Boustead Beef, which was touted as a British investor ready to pour in US$130 million into the ailing beef parastatal, failed to implement the agreement leading the government to seek judicial management of the company to save it from collapse.
Under the joint venture agreement signed in 2019, Boustead Beef was supposed to:
It was also supposed to:
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