ZIMBABWE’S textile and clothing industry, once a major employer, has seen capacity utilisation fall below 30 percent in some segments, as the competition watchdog proposes phased local content increases to revive the value chain.Advertisements Competition and Tariff Commission (CTC) spokesperson Prosper Ziyadhuma said the sector’s decline since the 2000s has been driven by outdated machinery,…
Textiles sector’s capacity utilisation falls below 30 pct
Competition and Tariff Commission (CTC) spokesperson Prosper Ziyadhuma said the sector’s decline since the 2000s has been driven by outdated machinery, foreign currency shortages, and cheap imports.