The Cotton Company of Zimbabwe Limited (Cottco) has put the value of cotton lint burnt at the firm’s Chipinge South depot early Monday morning at US$2,5 million.
In a statement Monday afternoon, Cottco managing director Pious Manamike also said fire fighters were still toiling to completely kill the fire.
Said Manamike, “The Cotton Company of Zimbabwe Limited (Cottco) wishes to advise its stakeholders that at one of its toll ginning sites at Checheche growth point in Chipinge South, a fire broke out in the early hours of Monday.
“The fire was detected by a truck driver near the ginnery who immediately alerted the guards and management.”
Manamike said when it broke out, fire tenders from Green Fuels and Hippo Valley were called to assist extinguish it.
“The fire fighting operation was hampered by strong winds that were experienced in the area at that time.”
The Cottco boss said, “Preliminary assessment indicate that the Company lost about 1 221 000kg of cotton lint that was ready for export with an estimated value of US$2 500 000. A forklift was also lost in the inferno.
“The fire is still raging on as fire fighters continue with their efforts to completely extinguish the fire.
“The cause of the fire has not yet been established and investigations are underway.”