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.

Editor's Comment
Your vote matters

This period, running from May 20 to 31 2024, is crucial for those who have not yet registered to vote. This announcement comes in response to a significant shortfall in registered voters following the recent registration period. As it stands, only 62% of the target number of voters registered, leaving a considerable gap.With Botswana's general elections scheduled for October, every eligible citizen needs to register and exercise their...

Have a Story? Send Us a tip
arrow up