Nortex invests P3m to boost capacity

Friday, July 17, 2015

Nortex Textile Managing Director Mukesh Josh..Pic Keoagile Bonang

FRANCISTOWN: In a bid to sustain growth, the country’s largest towel manufacturer, Northern Textiles (Nortex) has announced that it will invest P3 million on machinery.

This was said by the managing director, Mukesh Josh in an interview this week.

“We currently produce six tonnes of towels a day and our plan is to increase production to 6.5 tonnes in the current financial year, which began this month. We will not necessarily be growing the company, but we are maintaining growth,” said Josh, adding that the P3 million will be from the company.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

I know neither

Selefu | 6 h ago

Colonial rule from the grave

Selefu | 6 h ago

Yields fall as gov't raises P1.4bn debt

Mbongeni Mguni | 6 h ago

Botswana sends warning to netball opponents

Calistus Kolantsho | 21 h ago

'All to play for' in Gaborone for Mares

Kabelo Boranabi | 1d ago

Arrested Moeladilotlhoko yet to be charged

Larona Makhaiza | 1d ago

Zoom Club owner passes on

Larona Makhaiza | 1d ago

Diamond slump causes P3 billion trade deficit

Mbongeni Mguni | 1d ago

Molepolole unrest: Urgent attention on missing person cases

From Jakoba's mysterious disappearance on November 9 to the grim discovery of his remains at Mosinki Lands, a gap in the response mechanisms of the police and village leadership has been laid bare. The community's anger is evident, seen in the attack on Bakang Masole, the man found driving Jakoba's taxi and the main suspect, and the subsequent riot. Residents express discontent, citing a troubling trend of missing persons cases often...

The Monitor Editor | 27 November 2023

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More