Cotton Company of Zimbabwe (Cottco) paid $21m to 7,700 farmers but still owes $2.8m amidst drought concerns.
Cotton Company of Zimbabwe (Cottco) has reportedly paid $21m to 7,700 farmers, but they still claim $2.8m is owed. Delayed payments raise concerns amidst drought and the need for financial resources for food security. Cottco encourages farmers to collect payments at designated locations. Despite the payment, $323k remains uncollected. Cottco is committed to transparency and efficiency in the payment process.
May 09, 2024
4 Articles