Related Keywords: cotton farmers, cotton resource, liberal market, recapitalize, technology upgrade, textile sector, Zeparu, Zimbabwean textile industry
The Zimbabwean textile industry requires at least $200 million in the short to medium term to recapitalize, this was revealed by the Zimbabwe Economic Policy Analysis and Research Unit (Zeparu) based on the research study conducted on the Zimbabwean cotton and clothing industry. But, the biggest challenge for the Zimbabwe government with global competitive pressure is to find a way out to make the most of the cotton resource to industrialize in the context of a liberal market.