The Cotton Company of Zimbabwe is the largest cotton producing company in the country. It has an 80% market share. The company was privatized in 1994 and was in competition with Cargill at the time.
After 2000 other players came and in 2005 when the foreign currency challenges began Chinese companies also joined the cotton industry. At the peak of hyper inflation 2007/8 there were 28 cotton companies in Zimbabwe although they were fly by night companies.