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DTI to spend R1billion on TCLF industries

Published: 6th Mar 2017
Author: Tony Dickson - S&V Editor

Pretoria (SA) – The Department of Trade & Industry has allocated R1 billion to the textiles, clothing, leather & footwear (TCLF) sector for incentives in its 2017/18 budget, according to Abisha Tembo, chief director, IDD Textiles, Clothing, Leather & Footwear at the DTI. This is out of total incentives budget of R5.5 billion.

        “This is good news for the local manufacturing industry,” said Association of SA Manufacturers of Luggage, Handbags & General Goods chairman Shaun Esson. “We would like to thank all of the people involved at the DTI and the IDC for supporting our industries and for keeping us top of mind at Treasury. These are the types of interventions that allow us to grow and remain competitive.”

        “We hope the footwear industry will get a significant portion of the funding,” said Jirka Vymetal, executive director of the Southern African Footwear & Leather Industries Association (SAFLIA), “and that it will go towards benefitting the industry overall and strengthening areas of structural weakness, such as various categories of components.”

        He also expressed his gratitude to the DTI and the IDC for the continued support.

©2017 S&V Publications
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