News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise

Fashion & Homeware News South Africa

Textiles get lifeline to boost jobs

The KwaZulu-Natal department of economic development and tourism has thrown a lifeline to retrenched workers from the textile industry - pumping a whopping R30-million into it.

What was once a vibrant and competitive industry is today challenged by a large numbers of retrenchments.

The reasons for the layoffs include cheap imports from China and a lack of modernisation and upgrading of machinery.

Department MEC Mike Mabuyakhulu said the intervention was aimed at achieving the broad-based economic empowerment policy (BBEE) through cooperatives encompassed with provision of sustainable employment.

It also intends to increase the participation of previously marginalised individuals in the textile and clothing value chain.

He said the department was providing the necessary support and assistance through start-up funding that would assist the 18 hubs throughout the province.

"The project started to function in August 2009 and to date 18 hubs have been established," Mabuyakhulu said.

"The department pumped R30million into the project. Hubs are at different levels of production. The project is supported by retailers and municipalities like eThekwini and uMgungundlovu."

Source: Sowetan

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za



Let's do Biz