Is $130M “UK Meat Giant” actually a briefcase company?

HARARE: The much-touted “UK Beef Giant” which is supposed to be taking over the Cold Storage Commission (CSC) has been revealed by Netizens as nothing more than a briefcase company which has no history of any business activity in the country.

It now appears that Boustead Meats which was described by  Zimbabwe state media as a “UK Beef Giant” does not have any physical premises in the UK and is actually using a mobile number as its contact line.

This does not reflect the mega deal promised by state run newspapers which wrote the lines below:

ZIMBABWE Parliament has approved a joint venture between the Cold Storage Company (CSC) and a United Kingdom firm, Boulstead Beef (Pvt) Limited, which will see the investor injecting US$130 million into the meat processing firm.

See photos doing rounds on social media posted below: