Policy to boost cotton unveiled

The government has unveiled a draft local content policy for the oil and gas industry.

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>In last week’s article, the author outlined the need for periodic policy reviews in Tanzania with the Small and Medium Enterprises (SMEs) Development Policy, 2003 as a case study. The article described what policies are and why policy reviews are necessary.

Cotton is no longer king of the US apparel industry as lower prices fail to revive consumer demand and once-mocked man-made fibres take a permanent place in American wardrobes.

Empowerment of cotton farmers has been cited as crucial in the development of an effective contract farming arrangement.

Contract farming will make cotton weighing accurate at buying centres and subsequently improve the crop quality.

Low cotton prices are forcing small scale Zimbabwean farmers to grow other crops.

Cotton price has increased from Sh700 per kilogramme last buying season to Sh750 as the new 2014/15 season starts.