SA Minister welcomes Foschini clothing factory deal
28 Jan '12
1 min read
A decision by Foschini Group to buy the factory of Prestige Clothing, one of its Cape Town based suppliers has been welcomed by the government.
Minister of Economic Development - Ebrahim Patel said this indicated a confidence in the South African textile and garment industry and will also help boost job prospects.
A deal was signed recently between business and labour, which will strengthen the local supply chains and also help in new job creation.
“The Local Procurement Accord will positively contribute to achieving these goals”, the minister added.
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