{"id":22582,"date":"2022-07-08T15:46:13","date_gmt":"2022-07-08T15:46:13","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique"},"modified":"2022-07-08T15:52:39","modified_gmt":"2022-07-08T15:52:39","slug":"plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique","title":{"rendered":"Plexus is staying in Cabo Delgado \u2013 Cotton Association of Mozambique"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The Cotton Association of Mozambique (Associa\u00e7\u00e3o Algodoeira de Mo\u00e7ambique \u2013 AMM), says that British company Plexus\u2019 position is to stay in Cabo Delgado, although on 28 June it expressed its intention to leave the region, allegedly because of insecurity in the province. Plexus also faces economic and financial problems.<\/p>\n

In email correspondence with \u2018Carta\u2019, the president of AAM, Francisco dos Santos, said that the association had seen the news published a few days ago, but that, \u201cwith regard to AAM, Plexus\u2019 official position to date remains the same, that is, to find a solution to the economic and financial problem it is experiencing\u201d.<\/p>\n

Dos Santos said that Plexus had been in contact with the relevant public entities regarding attempts to solve its problems.<\/p>\n

\u201cAs AAM, we are following the matter closely and carefully, firstly for the families affected, and secondly because it is a very important area for the subsector. We will do everything in our power to see that the situation in the region can be definitively remedied,\u201d dos Santos said.<\/p>\n

Plexus, the only cotton concessionaire in Cabo Delgado, is in financial trouble and has, at least once, been bailed out by the government. In February, 2020, its 100 workers went on strike demanding four months back-pay, and Plexus owes money to 48,000 unpaid cotton farmers. In all, Plexus says it is US$1.5 million in debt.<\/p>\n

In February, 2020, Minister of Agriculture and Rural Development Celso Correia promised that he would find a solution within two weeks, and a few weeks later, the government gave Plexus over US$2 million to pay the producers and get back up and running.<\/p>\n

Cotton is the most important source of income for thousands of smallholders in the southern districts of Cabo Delgado, particularly Montepuez, Balama, Namuno and Chiure<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The Cotton Association of Mozambique (Associa\u00e7\u00e3o Algodoeira de Mo\u00e7ambique \u2013 AMM), says that British company Plexus\u2019 position is to stay in Cabo Delgado, although on 28 June it expressed its intention to leave the region, allegedly because of insecurity in the province. Plexus also faces economic and financial problems. In email correspondence […]<\/p>\n","protected":false},"author":84,"featured_media":22581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-22582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nPlexus is staying in Cabo Delgado \u2013 Cotton Association of Mozambique - Mozambique<\/title>\n<meta name=\"description\" content=\"The Cotton Association of Mozambique (Associa\u00e7\u00e3o Algodoeira de Mo\u00e7ambique \u2013 AMM), says that British company Plexus\u2019 posi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plexus is staying in Cabo Delgado \u2013 Cotton Association of Mozambique\" \/>\n<meta property=\"og:description\" content=\"The Cotton Association of Mozambique (Associa\u00e7\u00e3o Algodoeira de Mo\u00e7ambique \u2013 AMM), says that British company Plexus\u2019 posi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-08T15:46:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-08T15:52:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/07\/postQueueImg_4-62c852a025493.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1556\" \/>\n\t<meta property=\"og:image:height\" content=\"1037\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Plexus is staying in Cabo Delgado \u2013 Cotton Association of Mozambique\",\"datePublished\":\"2022-07-08T15:46:13+00:00\",\"dateModified\":\"2022-07-08T15:52:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique\"},\"wordCount\":313,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/07\/postQueueImg_4-62c852a025493.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/plexus-is-staying-in-cabo-delgado-cotton-association-of-mozambique\",\"name\":\"Plexus is staying in Cabo Delgado \u2013 Cotton Association of Mozambique - 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