Leaders in the Clothing and Textile industry are gathering in Cape Town for a four-day conference.
It’s aimed at finding ways to boost the ailing sector that has shed thousands of jobs due to cheap imports that have crippled it.
ANC’s Enoch Godongwana says revised manufacturing incentive packages, a supportive trade policy and cutting administrative cost will go a long way in supporting growth in the manufacturing sector.
US manufacturing dropped sharply for the second consecutive month in February with across-the-board declines in nearly every category of product, the Federal Reserve reported Friday.
Stats SA data shows mining production decreased by 3.3% year-on-year in January as pressure on the sector continues.