Home / Knowledge / News / Textiles / Swaziland govt raises cotton price by 7% for 2013-14
Swaziland govt raises cotton price by 7% for 2013-14
16
Apr '14
The Government of Swaziland, through the Cotton Board, has raised the price of cotton to be paid to the farmers by seven percent for 2013-14 season.
 
The increase in cotton price, which will benefit about 3,000 farmers, was announced by Minister of Agriculture Moses Vilakati at a press conference in Mbabane, reports Times of Swaziland.
 
Despite the current trading difficulties, the Government has decided to increase the cotton price for this season by over seven percent from the current E5.45 per kg to E5.85 per kg for top grade cotton, the Minister said.
 
Mr. Vilakati said cotton is a major cash crop for farmers in the country’s Middlevel and Lowveld regions. He added that the Swazi cotton industry has been struggling due to drought and unstable cotton prices.
 
In accordance with the objectives mentioned in the Government’s strategy for turn-around of the cotton sector, the Ministry is committed to revive the industry as a means to fight against poverty and unemployment in the rural areas, he said.
 
Earlier this year, the Swaziland Government constructed a ginnery in Big Bend town, as part of its measures to boost cotton production in the country.
 
The ginnery processes cotton and also provides raw material to the domestic textile industry, while creating a market for Swazi cotton growers.
 
In Swaziland, cotton cultivation begins in October each year.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search