SA’s textile sector is staging a comeback

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South Africa Headlines News

SA’s textile sector is staging a comeback, as retailers look to locally sourced products to offset dependence on the East.

If by mid-January you’re already feeling a little underwhelmed by what 2022 has on offer — a miserly 2% economic growth rate, the Zondo-accused continuing to roam free, wannabe ANC leaders taking pot shots at all and sundry, a still-not-dead pandemic and a still-not-alive Eskom — well, there’s some good news. At least one important sector of SA’s economy is in strong revival mode, pushing out ever-larger production volumes and increasing employment numbers by the month.

Just 20 years after China joined the World Trade Organisation and proceeded to flood the world with cheap goods, SA’s clothing, textiles, footwear and leather sector is showing impressive signs of a comeback from the impact...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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Won't last long The unions will make sure of that.

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SA’s textile sector is staging a comebackSA’s textile sector is staging a comeback, as retailers look to locally sourced products to offset dependence on the East. As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of AMBREYMARCUS1 I made a successful withdrawal of R 200,000 with the help of AMBREYMARCUS1 . I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Leticia_thomas7 on Twitter She guides me through and i made a return of R15500 after a week of trading, connect with her This is good news.
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SA’s textile sector is staging a comebackSA’s textile sector is staging a comeback, as retailers look to locally sourced products to offset dependence on the East. Long overdue Yeah! 👏👏👏👏
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