Cheap imports force closure of Bolux’s pasta plant

Moving on: Bolux says the competition from imported pasta has become too intense to bear
Moving on: Bolux says the competition from imported pasta has become too intense to bear

The country’s largest wheat and maize milling company, Bolux is closing its pasta production plant due to severe competition from imported pasta, some from as far as the European Union, BusinessWeek has established.

On Tuesday, Bolux CEO, Christo Ellis told Botswana Investment Trade Centre (BITC) officials that the closure was largely because of stiff competition from imported pasta and declining profitability.

The BITC is visiting some of its assisted companies to assess their operating conditions and gauge any interventions required.

Editor's Comment
Let’s get the constitutional amendment right

Their concerns highlight the need for meaningful dialogue between government and relevant stakeholders to ensure the best interests of the country are served.This was in addition to other voices from opposition politicians and civil society organisations.The stance underscores the importance of citizen participation in the constitutional amendment process. The AFM rightly assert that such weighty matters demand thorough discussions to reflect the...

Have a Story? Send Us a tip
arrow up