Govt saves 2, 831 textile jobs
Government’s P38 million rescue package for the troubled textile industry has thus far benefited 44 companies, employing 2, 831 citizens and disbursing P5.6 million in the process.
On Monday, a Ministry of Trade and Industry statement announced that of the 44 companies, 11 were large scale, seven medium, 25 small and one a micro-business. Successful applicants for the rescue package are mainly from Gaborone and Francistown with 19 companies in total, followed by Molepolole, Selebi-Phikwe, Tutume, Bobonong and 10 other villages.
“There has generally been slow growth in the coverage of the locations of companies that have benefited,” the statement reads. “The Ministry is, however, hopeful that the spread of [continue reading]