The value of Tanzania’s cotton exports rose by 55 per cent last year to reach $46.8 million from $30.2 million, according to Bank of Tanzania (BoT) figures. The increase was propelled by increase in both export volume and unit price.
The TCB director general, Mr Marco Mtunga believes much more is to come, saying in Mwanza for instance, the area planted by cotton has increased by 66 per cent from 69,886 acres in 2015/16 season to 116,110 acres in 2016/17 season.
