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Carraparel feuds with BITC, threatens to relocate

Textiles company, Carraparel Botswana has threatened to cease local operations and relocate to Lesotho if a dispute with Botswana Investment and Trade Centre (BITC) over a dilapidated factory shell it rents from the parastatal is not resolved quickly.

Carraparel, which  is the only local textile and clothing company that has been exporting to the US under the African Growth and Opportunity Act (AGOA), is also complaining of other factors that it says have made doing business in Botswana difficult.

Due to the challenges it says it is facing, the company indicated that it might relocate to the mountain kingdom, which has to an extent been one of the largest beneficiaries of AGOA with around 80% of their textile and garment exports going to the US.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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