Home / Knowledge / News / Textiles / South Africa disbursed R3.1 billion for textiles
South Africa disbursed R3.1 billion for textiles
06
Apr '17
South African government approved R4.9 billion and disbursed more than R3.1 billion in its clothing and textiles sector to create and save jobs till the last financial year through the department of trade and industry. The funds were disbursed through the Production Incentives Programme within the Clothing and Textiles Competitiveness Programme (CTCP).
 
This was stated by minister of trade and industry Dr Rob Davies at the first clothing manufacturing industry sector summit hosted in Durban by the National Bargaining Council for the Clothing Manufacturing Industry (NBCCMI).
 
According to Davies, a number of companies who qualified and drew from both the programmes were able to save 81,252 jobs and create 9,672 additional jobs. The net new jobs grew by 4,785 till the last financial year from the inception of the CTCP.
 
This indicated that these were significantly labour-absorbing sectors and the government needed to create more opportunities in these to keep them sustainable, Davies noted.
 
"The issue of rebates in the clothing and textile sector is still a burning issue within the industry, and part of the government's plan is still to tighten control of imports and the raising of tariffs to the maximum boundary like we did in the beginning when we were revamping the whole industry. The whole value chain must still be involved in the sector going forward," said Davies.
 
The minister added that localisation in every sector would no longer be an option. Once designation had been translated into a practice note by the national treasury, it would be an obligation that public entities buy locally produced goods, he said. 
 
"Whatever is needed to be done to protect the industry, it must be done, but it should be in the interest of industry development and to improve local supplier base. We want to see consequences for those who do not want to implement localisation and empowerment," he said and urged delegates to start a dialogue with retailers and manufacturers around local production and not abandon the issues of empowerment and transformation. (SV)

Fibre2Fashion News Desk – India


Must ReadView All

Market share of Indian textile items expand in 13 nations

Textiles | On 11th Dec 2017

Market share of Indian textile items expand in 13 nations

Thirteen countries — Germany, France, Italy, the United States,...

Courtesy: EUBrasil

Textiles | On 11th Dec 2017

Euratex, ABIT welcome negotiations for EU-Mercosur FTA

European Apparel and Textile Confederation (Euratex) and the...

Most firms expect no change in investment plans: CII survey

Textiles | On 11th Dec 2017

Most firms expect no change in investment plans: CII survey

Despite visible optimism in Indian industry with the Confederation of ...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search