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

Ghana makes tax stamp compulsory on imported textiles

Textiles | On 27th May 2018

Ghana makes tax stamp compulsory on imported textiles

To curb illegal imports, Ghanaian authorities will put a tax stamp on ...

Courtesy: Vishal Mega Mart

Apparel/Garments | On 27th May 2018

Partners Group, Kedaara Capital taking over VMM

Partners Group, a private markets investment manager, and Kedaara...

Courtesy: Deckers

Apparel/Garments | On 27th May 2018

Deckers Brands sales soar 8.4% in Q4FY18

Deckers Brands, a global leader in designing, marketing and...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Sanjay Yagnik
Maa Tex Speciality

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

Karel Williams
Dow Microbial Control

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

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Johan Berlin
InvestKonsult Sweden AB

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

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search