From Arusha Times, Arusha
Just six years after being re-opened, Arusha's third largest textile firm, the New Kilimanjaro Textile Mills (LKILTEX) has closed down. The management has confirmed the closure but said it will be for a few months. Workers on the other hand are pessimistic.
KILTEX closure has so far sent about 1000 people who were employed at the factory down the streets looking for new jobs. That will not be easy however, because the other two big textile mills in Arusha, Sun-Flag and A-to-Z , are also trimming their work forces apparently to cut down overhead costs especially in view of the recently announced salaries.
Read more:
http://allafrica.com/stories/200711160858.html
Saturday, 17 November 2007
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