Cottco in talks to pay off legacy debt

The Cotton Company of Zimbabwe (Cottco) is seeking strategic partnerships for its Gokwe oil expression plant as it moves into cooking oil production.

THE Cotton Company of Zimbabwe (Cottco) has engaged relevant authorities over the payment of US$5,6 million in legacy debts owed to farmers.Cottco’s chief executive, Rockie Mutenha, confirmed that the outstanding debts date back to the 2022-2023 period.“… we acknowledge that we owe farmers US$5,6 million, half of which must be paid in ZiG. We are…

Subscribe to read full article. Subscribe today

Related posts

Zim 2026 Central Budget panned

SOSES launches next week

World Bank gives thumbs up to Zim reforms

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More