Here’s what Rwanda is doing to revive its textile industry

PUBLISHED: Mon, 02 Mar 2020 14:47:28 GMT

In line with a plan to protect textile industries in the region, governments are considering raise taxes on imported textiles by between 30 and 35 per cent. Part of the regional tax reforms will also see iron and steel, agro-processing, and wood and wood products imported into the region attract similar duty. Rodney Omukhulu, Assistant Investments Analyst at Cytonn joins CNBC Africa for more.