Cheap imports force closure of Bolux’s pasta plant
Friday, November 03, 2023 | 240 Views |
![Moving on: Bolux says the competition from imported pasta has become too intense to bear](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2023/11/03/91476.jpg&w=800&q=72&f=jpg&t=1)
Moving on: Bolux says the competition from imported pasta has become too intense to bear
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.
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