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Zimbabwe: Cotton Farmers ask to reinstate price setting

By  |  March 9, 2015

Zimbabwean cotton growers are asking the competition regulator to reconsider its decision removing a price guarantee for their crop, said Garikai Musikavanhu, vice president of the Zimbabwe National Farmers Union.

The Harare-based Competition and Tariff Commission on Monday announced that individual lint farmers must negotiate prices with buyers, removing a government-set minimum price.

The cotton-selling season is expected to start in May in the southern African nation, where merchants include Cottco Zimbabwe , and the local unit of Olam International.

 

Full Content: AFK Insider

 

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