US$70 million down the drain as Mangudya gives brutal assesment of COTTCO’s mismanagement

MUTAPA Investment Fund (MIF) Chief Executive Officer (CEO) John Mangudya has offered a brutal indictment of the mismanagement at the Cotton Company of Zimbabwe (COTTCO), which is financially bleeding despite the government sinking in excess of US$70 million. COTTCO was recently placed under a corporate rescue practitioner by the board in a bid to pluck […] The post US$70 million down the drain as Mangudya gives brutal assesment of COTTCO’s mismanagement  appeared first on NewZimbabwe...