Farewell to the Cottco Chief
Cottco's head office staff bade an emotional farewell to Group Chief Executive Officer Sylvester Nguni who resigned following his
appointment as Deputy Minister of Agriculture.
Addressing staff gathered in the canteen, Cde Nguni spoke of his long
association with the business and thanked everyone for their contributions
and support over the years.
Cottco Managing Director Happymore Mapara replied on behalf of the
staff and was able to lift spirits by injecting his own style of very
appropriate humour into the occasion. He wished him well in his
new role as a key member of government, overseeing the agroindustrial
heart of the nation.
Cde Nguni was appointed general manager of the Cotton Marketing
Board in 1990, guided the parastatal through its commercialization
process to privatization as The Cotton Company of Zimbabwe
Limited and its listing on the stock exchange in 1997. More than
any other individual, he has been responsible for the development
of Zimbabwe's cotton industry and creating the biggest buyer,
ginner and marketer of cotton in Southern Africa, Cottco.
In Cde Sylvester Nguni's appointment to Government, Cottco's
loss is the nation's gain. With over 20 years' work in the
local and international cotton industry, Zimbabwe can only
benefit from his wealth of experience.
Cottco's management also hosted a befitting farewell function for the Honourable Deputy Minister, on 10
June 2005 at the Cotton Pavilion. This is Cottco's stand in the Exhibition Park, also operating throughout
the year for corporate functions, a brilliant idea which originally was his brainchild.
The function was well attended by captains of industry who had interacted with him during his tenure as
leader of Cottco. Mr Happymore Mapara, Mr Nicholas Nyandoro, the board chairman and Cde Nguni, made
some memorable speeches during this event, which ended with a presentation of two lovely olive wood and
carved ivory candleholders to our former chief executive officer. The managing director Mr Mapara noted
that the light shining from these candle holders represented the deputy Minister's role which he played when
he showed the way forward for us all at Cottco and made it a southern African market leader with real fibre.