Footwear sector shows promising jobs growth
Fin24 - Sep 1st 2014, 10:46
Johannesburg - Employment in the footwear and leather sector has grown by 5% between 2012 and 2014, Trade and Industry Minister Rob Davies Sunday.
"What we've actually seen is that this industry to a high degree has stabilised," he said during his visit to House of Monatic factory in Cape Town.
He said the growth stabilised the industry and enabled it to establish 11 new companies.
"We have through the incentive programme deployed through the production incentive part of it R2.46bn and (a) further R645m through the competitiveness improvement programme," said Davies.
He said government prioritised the sector, and has been supporting the establishment of national clusters to raise competitiveness.
"In addition to the enterprise level support programmes we have supported the national fashion council to the tune of R33m, the footwear and leather cluster to the tune of R79m and cotton cluster to the tune of R120m."
His visit coincided with the launch of the department of trade and industry (DTI) factories campaign, which would be rolling out to the factories.
Five years ago, House of Monatic found itself on the edge of closing down; through the DTI's intervention, they survived closing.
"This particular company has received support to the tune of roughly R30m over the period and we can see that has gone into purchasing acquisition of new machinery which has enabled the cutting operation to take place much more competitively and much more accurately than before.
"There are new sewing machines that have been acquired through that support program. The other thing that we saw concretely on the ground was that this company is producing uniforms for South African Airways cabin staff," he said.
House of Monatic chairperson, Fred Robertson, said the support they have received from government has enabled them to keep 800 jobs in the company.From Fin24.com
All women team brew special beer to celebrate Women's Month
05/08/2019 - 10:38
SAB will be launching BOLD BREW– a beer designed and brewed entirely by women– this limited edition small batch beer is exclusively available at the SAB World of Beer in Newtown, Johannesburg.
Cape Town vs Johannesburg- where are retailers really winning?
15/07/2019 - 16:11
New global research by Vend, a cloud-based retail software platform for independent retailers, has found that Cape Town independent stores enjoy average transaction values up to 49% higher than retailers in Johannesburg.
Bain's launches SA's oldest Single Grain Whisky in Travel Retail
18/02/2019 - 18:32
Bain’s Cape Mountain Whisky, the proudly South African and internationally award-winning single grain whisky, has launched a limited edition 15-Year-Old Single Grain Whisky exclusive to Big5 Duty Free Cape Town International and OR Tambo International Airports, and The James Sedgwick Distillery in Wellington.
Cape wine production set to be low after 3-year drought
07/02/2019 - 19:19
The Cape's three-year drought has taken its toll on the wine industry and early indications are that this year's harvest will be even lower than the poor 2018 harvest.
SA preparing for all Brexit outcomes
19/12/2018 - 08:05
South Africa's Department of Trade and Industry (dti) is preparing for all eventualities regarding Brexit, says Minister of Trade and Industry Rob Davies.