Textile exportsv to US collapse
Thursday, February 13, 2014

In previous years, the local industry flocked to the US market empowered by the African Growth and Opportunities Act (AGOA), which provides duty free access and also allows manufacturers to source their fabric from other countries.
Although textile exports under AGOA peaked at US$15.5 million in 2011, they have generally been declining for years due to factors such as the effects of the global recession, greater competition for the US market with giants such as China and Vietnam, higher quality and volume demands from the US and local capacity constraints.
We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...