The revival of the Cold Storage Company (CSC) will see small scale beef farmers in local rural communities receive support on how to rear livestock.
Out of the call to invest in Zimbabwe under the initiative of government, a British company, Boustead Beef, has come on board to revive the CSC.
The scheme upon which CSC will be revived takes note of the importance of small-scale cattle farmers in the rural areas, says Mr Nick Havercroft, a representative of Boustead Beef.
He added that beyond selling their cattle to the company, the farmers will also be issued with share certificates.
“We will support farmers in the village by helping them in looking after their cattle. we will get markets for the cattle and we have made arrangements to keep track of the sales that farmers are rewarded for their work,” Mr Havercroft said.
The investors in CSC have also revealed that more than two hundred and fifty feedlots will be set up in communities. Boreholes will also be put up to sustain the livestock which farmers will be rearing.
Among the markets which the CSC will be exporting its beef to are United Kingdom, United Arab Emirates, Russia and other countries in the European Union.
At its peak, the CSC used to handle up to 150 000 tonnes of beef and associated by-products annually and exported to the European Union, where it had an annual quota of nine thousand one hundred tonnes of beef.
The company used to earn the country approximately $45 million per year.