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
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Have a Story? Send Us a tip
arrow up