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The South African Clothing, Footwear and Textiles Industry The South African Clothing, Footwear and Textiles Industry Where to from here? EXECUTIVE SUMMARY "Welcome
goods, computer peripherals and components, and automobiles and auto parts. Major exports include textiles and clothing, electrical appliances, rice, fish products,
dominate Morocco's manufacturing sector. Factories produce chemicals (phosphoric acid), textiles, construction materials (cement), footwear, processed foods, wine,
sectoral initiatives on labour-intensive products of export interest to developing countries, such as textiles, clothing and footwear, to bring tariffs on these products
South Africa's most prominent black capitalist and a former militant trade unionist. By this time, South African Breweries was the world's fourth largest brewer and
Submitted by franzhirschberg on September 4, 2005
Category: Business
Words: 5352 | Pages: 22
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The South African Clothing, Footwear and Textiles Industry
Where to from here?
EXECUTIVE SUMMARY
"Welcome to Ghost Town."
The title of an article published in the Clothing industry Pursuit magazine. Dimbaza once a thriving hub of clothing and garment factories now lies deserted with 110 of the once 120 active factories mothballed, 5000 job losses in 18 months.
Unfortunately this is not an uncommon story but rather one which is becoming all the more frequent as the local Clothing, Footwear and Textiles industries are ravaged by the competitive global juggernaut, China!
But surely this could have been avoided the lament rises.
The truth is that global move to free trade and the effects of a rampant Rand in recent years have all but blindsided an industry which for years existed in a artificial vacuum, blissfully ignorant to the slumbering global forces that would change the market for ever.
And laments there have been! COSATU have held national strikes, Retailers have diplomatically fended off local procurement commitments and the government has steadfastly remained stoic help yourself and we will assist the continued view. A divided sector in a time when division is not only ill-advised but tantamount to suicide!
Where to for here?
This discussion analyses the contributing factors and outlines policy recommendations, vital to the survival of the sector in ANY form.
CONTENTS
EXECUTIVE SUMMARY 2
1. INTRODUCTION 4
2. CONTEXT 4
2.1 Formation of the South African Clothing, Footwear and Textiles Industry 4
2.2. The current reality is bleak! 4
3. CONTRIBUTING FACTORS 6
3.1. Overview 6
3.2. Trade liberalisation 6
3.3. Local Competitiveness 8
3.4. Less protectionism and compromised competitiveness = more imports 9
3.5. Reasons for...
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