Wednesday, June 6, 2018

Fed up

People of Rwanda in central Africa have been pulling the country together since the 1994 catastrophe to create better lives for everyone. Background stories are here.

Thriving businesses of all kinds, creating value and creating jobs, are essential to prosperity. Rwanda's new clothing industry is very small - and it is undercut by shiploads of used clothing coming in from the West. "African governments have become increasingly fed up."


To protect the young clothing industry, Rwandan President Kagame has placed bigger tariffs on those containers full of used clothing.

(Oddly, the clothes that Americans donate for free wind up being sold (cheaply) to poorer countries . . and it's a billion-dollar industry. Kind of hard to believe.)

(cont'd tomorrow)

No comments:

Post a Comment