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State to pump more money into struggling Rivatex

Paul Korim at his cotton farm in Serwok village in Salawa Baringo County. [File, Standard]

The government is set to pump more money into Rivatex East Africa after the textile firm failed to make profits despite a Sh5 billion modernisation plan five years ago.

The Parliamentary Committee on Trade, Industry, and Cooperatives said the state-owned company cannot expand its operations due to poor returns and difficulty in sourcing cotton, the main raw material, locally.

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