{"id":47716,"date":"2021-10-05T20:30:35","date_gmt":"2021-10-05T18:30:35","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/?p=47716"},"modified":"2021-10-05T19:40:47","modified_gmt":"2021-10-05T17:40:47","slug":"cottco-loses-1-2m-kg-of-cotton-lint-in-fire","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cottco-loses-1-2m-kg-of-cotton-lint-in-fire","title":{"rendered":"Cottco Loses 1.2m\u00a0KG Of Cotton Lint In Fire"},"content":{"rendered":"

Africa-Press<\/a> – Zimbabwe<\/a>. <\/strong><\/span>TimesLIVE<\/b> – ZIMBABWE\u2019S largest cotton-producing company, Cotton Company of Zimbabwe (Cottco), has lost 1.2 million kilogrammes of cotton lint worth an estimated US$2.5m (about R37.5m) in a fire at a ginning site in Chipinge, in the southeast of the country.<\/p>\n

The fire broke out early Monday morning and was still raging in the afternoon as firefighters continued with their efforts to extinguish it.<\/p>\n

Cottco MD Pious Manamike said in a statement the firefighting operation was hampered by strong winds in the area at that time.<\/p>\n

\u201cPreliminary assessments indicate that the company has lost about 1 221 000kg of cotton lint that was ready for export with an estimated value of US$2 500000. A forklift was also lost in the inferno.<\/p>\n

\u201cThe fire was detected by a truck driver near the ginnery who immediately alerted the guards and management. The cause of the fire has not yet been established and investigations are underway,\u201d Manamike said.<\/p>\n

Zimbabwe has 400,000 cotton farmers and cotton is second only to tobacco as a foreign-currency generator for the country.<\/p>\n

SA is the main destination for its cotton exports. However, cotton production has declined in major growing areas in the county over the past decades.<\/p>\n

The government-owned cotton dealer is struggling financially and has failed to pay the cotton farmers 1.5bn for the 2020 crop.<\/p>\n

The cotton farmers were not paid in cash, instead, they received groceries \u2014 two dozen bottles of cooking oil and 20 bars of soap as a form of payment.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. TimesLIVE – ZIMBABWE\u2019S largest cotton-producing company, Cotton Company of Zimbabwe (Cottco), has lost 1.2 million kilogrammes of cotton lint worth an estimated US$2.5m (about R37.5m) in a fire at a ginning site in Chipinge, in the southeast of the country. The fire broke out early Monday morning and was still raging in […]<\/p>\n","protected":false},"author":84,"featured_media":47715,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,35,15],"tags":[1493,2189,19],"class_list":["post-47716","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-zimbabwe-2","tag-zimbabwe"],"yoast_head":"\nCottco Loses 1.2m\u00a0KG Of Cotton Lint In Fire - zimbabwe<\/title>\n<meta name=\"description\" content=\"TimesLIVE - ZIMBABWE\u2019S largest cotton-producing company, Cotton Company of Zimbabwe (Cottco), has lost 1.2 millio ...\" \/>\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\/zimbabwe\/all-news\/cottco-loses-1-2m-kg-of-cotton-lint-in-fire\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cottco Loses 1.2m\u00a0KG Of Cotton Lint In Fire\" \/>\n<meta property=\"og:description\" content=\"TimesLIVE - 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