Home / Knowledge / News / Textiles / Race for Zimbabwean cotton intensifies
Race for Zimbabwean cotton intensifies
Nov '11
The fight for Zimbabwe's cotton continues to get acute as newer firms join the race to serve as contractors for seed cotton for the ongoing season.

In all 14 companies – Cargil, Sino Zimbabwe, Cotton Company of Zimbabwe, Olam, Alliance, Parrogate, Viridis, Romsdal, Insing, Grafax, CottZim, Fahad, Jimmac Zimbabwe Cotton and Southern Cotton Company – have registered themselves to serve as seed cotton contractors for 2011-12 season.

Serving as contractors, these firms would distribute seeds required by farmers for undertaking cotton cultivation, by setting up distribution points across the country, the Agricultural Marketing Authority (AMA) said.

As stated by AMA, Zimbabwe's cotton consumption till October 31 this year came to be 249.904 million kg as against the consumption of 93.44 million kg during the corresponding period of last year.

Zimbabwe's cotton exports are expected to grow by 20 percent from last year's 326,400 bales to 408,000 bales during this fiscal. The rise in exports is greatly supported by a rise in production which is attributable to legislative reforms that have brought stability to the sector.

The new laws aided establishment of a more transparent and stable legal framework governing trade relations between the cotton producers and ginners. This has perked up the supply of seeds and chemicals to small-scale cultivators, while restraining them from “side marketing” or selling their produce to a firm other than the ginnery that provided them with the inputs.

In order to protest against low prices being offered by local buyers, small farmers stopped selling their crops in the market during early July this year. Following this, the minimum procurement price was raised from US$ 0.75 per kg to US$ 0.85 per kg. According to AMA, at least one-fourth of the country's rural population depend on cotton cultivation for their livelihood.

Owing to its superior quality, Zimbabwean cotton usually attracts a premium in global markets. Hence, the Government has announced that it would prioritize the cotton and textile industry in its Industrial Development Policy to ensure economic development.

Stanislaus Mangoma, Director of Enterprise Development, Ministry of Industry and Commerce, said cotton industry is a major income and employment generator, which is a key to economic development and hence the Government has recognized textiles and garments as one of the priority sectors, which would be concentrated on in the current Industrial Development Policy.

He, however, added that it is required to introduce latest machineries in the sector to facilitate production of quality textiles, as the majority of the textile units were compelled to cease their businesses when they failed to introduce new advanced machines needed to produce viable products.

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search