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Cheap imports force closure of Bolux’s pasta plant

Friday, November 03, 2023 | 290 Views |

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.

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Cheap imports force closure of Bolux’s pasta plant

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.