BOTSWANA EXPORT FIGURES RAISE CONCERNS ABOUT TEXTILE SECTOR’S HEALTH
November 1st, 2012
BY ANDREW MARAMWIDZE, IN GABARONE
Economic uncertainties are keeping Botswana's textile industry teetering on the brink, with its exports falling hard, despite a USD4.5 million (Botswana Pula BWP38 million) government stimulus package spent during and after 2010.
The latest export figures from the Botswana ministry of trade and industry show Botswana netted a paltry USD41 million in textile exports during the first quarter of 2012. This is down from USD226 million in all of 2011, raising concerns the sector was falling into commercial difficulties.
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