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Ama Restructures, Seeks Sanity in Agric Markets

Ama Restructures, Seeks Sanity in Agric Markets January 7, 2021 For long, farmers have been calling for overhauling of AMA to ensure better service delivery. Some stakeholders where viewing AMA as a ‘revenue collector’ rather than a partner in development and promoting fair market practices. It had repeatedly failed to solve the chaotic marketing of various crops, particularly cotton where side marketing is rampant. AMA, which is charged with enforcing cotton regulations has over the years demonstrated reluctance to enforce effective deterrent penalties resulting in total chaos in the marketing of the commodity. The primary cause of the failure of the cotton industry between 2012 and 2015 was side marketing largely due to regulatory failure.

Cottco confirms Manamike as MD, names new chair

THE Cotton Company of Zimbabwe (Cottco) has confirmed Mr Pious Manamike as the company’s substantive managing director with effect from November 28, 2020. Mr Manamike, with over 30 years of experience in corporate governance, financial management, strategy preparation and implementation, has been the acting managing director of the country’s largest cotton company since 2016, having been appointed following the dissolution of the previous board led by Ms Cecelia Paradza. Industrialist Mr Sifelani Jabangwe was appointed non-executive chairman following the death of Dr Abraham Babs Nyoni. Dr Ezekia Svotwa, a seasoned agriculture expert, and Ms Cynthia Tapera, a marketer filled in the position left following the death of another board member and the resignation of Mr Paul Zakaria.

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