Cotton revenue set to soar this year—Aicc - The Nation Online

Cotton revenue set to soar this year—Aicc - The Nation Online: Cotton revenue set to soar this year—Aicc
Orama Chiphwanya July 4, 2018 0 Comments
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Players in the cotton sector are projecting revenue from the crop to rise to $12 million (about K8.7 billion), thanks to good prices and increased output than last year.

This means revenue will� rise by 200 percent from the previous year’s $4 million (K2.9 billion), according to African Institute for Corporate Citizen (Aicc) projections.

Aicc chief executive officer Felix Lombe said in an interview on Monday the country will produce slightly below 20 000 metric tonnes (MT) from last year’s 11 000MT.