Cottco completes ZAMCO loan repayment

The Cotton Company of Zimbabwe (Cottco) has completed repayment of a $54 million loan granted by ZAMCO in 2014, marking a milestone in the revival of the company, backed by government support granted ...

By Staff reporter | Published: 06 October 2019


Cottco scoffs at takeover plans

Cotton Company of Zimbabwe (Cottco) managing director Mr Pious Manamike has scoffed at Surface Wilmar's proposal to take over 50 percent shareholding in the company, saying the partnership will not ad...

By Staff reporter | Published: 30 May 2018


Surface Wilmar eyes Cottco

Surface Wilmar Group Zimbabwe is set to acquire a 50 percent stake in the Cotton Company of Zimbabwe (Cottco) and has plans to immediately invest $100 million in the agro-industrial firm.Surface is a ...

By Staff reporter | Published: 23 May 2018


Cottco under ZACC probe

The Zimbabwe Anti-Corruption Commission has launched an investigation into The Cotton Company of Zimbabwe amid revelations the company could have lost millions of dollars in a botched lint deal involv...

By Staff reporter | Published: 13 April 2018


Cottco bosses in vicious fight

An ugly fight has erupted among top executives at agro-industrial firm Cottco Holdings over a contentious sell of lint to a local merchant that overseas buyers had allegedly paid for in advance. The t...

By Staff reporter | Published: 06 April 2018


Farmers against Cottco monopoly

Cotton farmers are against the Cotton Company of Zimbabwe's current push to have its monopoly on cotton marketing restored, saying this will grossly be prejudicial.Farmers want the current arrangement...

By Staff reporter | Published: 05 April 2018


Cottco seeks monopoly

The Cotton Company of Zimbabwe has called on Government to reinstate its monopoly on cotton marketing in order to ensure its viability and combat side marketing of the produce. In an interview recentl...

By Staff reporter | Published: 02 April 2018


Cottco closes selling points

Cotton Company of Zimbabwe has closed most of its depots in Masvingo to mark the end of the selling season, amid projections that the province was poised for a bumper harvest after favourable rains in...

By Staff reporter | Published: 05 September 2017


Minister blasts Cottco

Agriculture, Mechanisation and Irrigation Development Minister Dr Joseph Made has hit out at Cottco officials for making public statements that distabilise the sector.In an interview, Dr Made said the...

By Staff reporter | Published: 14 August 2017


High court orders Altifin to pay Cottco

THE High Court has ordered Altifin Insurance to pay the Cotton Company of Zimbabwe about $117 000 plus interest which arose from an insurance claim raised by the cotton producer.High Court Judge Justi...

By Staff reporter | Published: 03 July 2014


Cottco expects profitability in 2016

Cottco Group Limited has recorded a significant $6,9 million profit less than it recorded the prior year and is now expecting to start seeing profits in two years.Head of finance Dacyl-Ray Rambanepasi...

By Staff reporter | Published: 27 June 2014


China-Africa Fund to acquire stake in Cottco

THE China-Africa Development Fund, China's largest private equity fund focusing on African investments, has moved to buy a significant shareholding in Cottco Holdings Ltd through its wholly-owned subs...

By Martin Kadzere | Published: 14 June 2014


Cottco anticipates increased production

The Cotton Company of Zimbabwe (Cottco) expects production of the crop to rise this year as more farmers utilise the communication facility that it introduced to relay technical information.Cottco int...

By New Ziana | Published: 06 March 2014


Cottco block deal buoys ZSE daily turnover

A block deal of about 107 million Cottco shares worth $1.88 million booked over at 1.1c bolstered ZSE's daily turnover on Wednesday but trading across the board remained mixed with Industrials staying...

By zfn | Published: 05 March 2014


AICO Africa rebrands to Cottco Holdings

The Zimbabwe Stock Exchange listed firm AICO Africa Lt has rebranded to Cottco Holdings Ltd with effect from today.The company said shareholders had approved the name change. "The Board of directors a...

By Staff reporter | Published: 03 March 2014


Chihuri appointed CottCo MD

The Cotton Company of Zimbabwe has appointed Mr Collins Chihuri as Managing Director. Mr Chihuri is a holder of a Masters in Business Administration and a Bachelor of Accountancy Honours degree both ...

By Staff reporter | Published: 19 December 2013


Cottco to earn $50m

The Cotton Company of Zimbabwe will earn $50 million from the imminent unbundling of Aico Ltd, its parent company, with the amount set to be channelled towards recapitalisation.Cottco managing direct...

By Business Reporter | Published: 01 December 2013


Cottco seeks partners for beneficiation

The Cotton Company of Zimbabwe is looking to partner local and foreign companies in the beneficiation of cotton to promote higher producer prices for farmers.Addressing members of the National Assembl...

By Staff reporter | Published: 21 November 2013

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