{"id":61998,"date":"2022-07-02T18:05:03","date_gmt":"2022-07-02T16:05:03","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cottco-bosses-arrested-over-corruption-allegations"},"modified":"2022-07-02T20:18:00","modified_gmt":"2022-07-02T18:18:00","slug":"cottco-bosses-arrested-over-corruption-allegations","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/cottco-bosses-arrested-over-corruption-allegations","title":{"rendered":"Cottco Bosses Arrested Over Corruption Allegations"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Zimbabwe. <\/strong><\/span>The Zimbabwe Anti-Corruption Commission (ZACC) has arrested two Cotton Company of Zimbabwe (Cottco) bosses who are now facing corruption charges.<\/p>\n<p>The two are, Pius Manamike (managing director ) and Maxmore Njanji (head of ginning, marketing and business development ).<\/p>\n<p>NewsDay reports that they were remanded in custody until Monday when they will be expected to appear in court for bail hearing. ZACC spokesperson John Makamure told the publication:<\/p>\n<p>Manamike was arrested on Tuesday. He appeared at the Rotten Row Magistrates Court on Thursday and was remanded in custody to yesterday for bail application, whereas Njanji was arrested on Thursday and detained at Avondale Police Station until his court appearance for initial remand yesterday. Their bail bids apparently flopped.<\/p>\n<p>They are accused of securing a contract for their fleet of 40 trucks to deliver inputs from Cottco\u2019s major supplier Ferts, Seed and Grain (FSG) Private Limited.<\/p>\n<p>Government is the major shareholder in Cottco with a 37% stake after its privatisation in 1994. The remaining shares are spread across a number of shareholders with the second largest two shareholders owning 10% shares each.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/zimbabwe\">Zimbabwe<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zimbabwe. The Zimbabwe Anti-Corruption Commission (ZACC) has arrested two Cotton Company of Zimbabwe (Cottco) bosses who are now facing corruption charges. The two are, Pius Manamike (managing director ) and Maxmore Njanji (head of ginning, marketing and business development ). NewsDay reports that they were remanded in custody until Monday when they will [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":61997,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,35,15],"tags":[1493,2189,4424,19,4608],"class_list":{"0":"post-61998","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"category-homepage-english","10":"category-twitter","11":"tag-africa-press","12":"tag-africa-press-zimbabwe-2","13":"tag-cotton-company-of-zimbabwe-cottco","14":"tag-zimbabwe","15":"tag-zimbabwe-anti-corruption-commission-zacc"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cottco Bosses Arrested Over Corruption Allegations - zimbabwe<\/title>\n<meta name=\"description\" content=\"The Zimbabwe Anti-Corruption Commission (ZACC) has arrested two Cotton Company of Zimbabwe (Cottco) bosses who are now f ...\" \/>\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-bosses-arrested-over-corruption-allegations\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cottco Bosses Arrested Over Corruption Allegations\" \/>\n<meta property=\"og:description\" content=\"The Zimbabwe Anti-Corruption Commission (ZACC) has arrested two Cotton Company of Zimbabwe (Cottco) bosses who are now f ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cottco-bosses-arrested-over-corruption-allegations\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-02T16:05:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-02T18:18:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/07\/postQueueImg_20.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"394\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cottco-bosses-arrested-over-corruption-allegations\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/cottco-bosses-arrested-over-corruption-allegations\",\"name\":\"Cottco Bosses Arrested Over Corruption Allegations - 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