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 Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Courtesy: IVL

Textiles | On 26th Jul 2017

IVL completes PTA capacity expansion in Europe

Indorama Ventures Public Company Ltd (IVL), a global chemical...

Textiles | On 26th Jul 2017

Vietnam’s textile & garment exports cross $13bn in H1

Vietnam earned $13.... billion from textile and garment exports in...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Johan Berlin
InvestKonsult Sweden AB

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Bani Batra

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

Tony Ward
Tony Ward

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

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X