South Africa Textile News Summaries

SOUTH AFRICA: Long term Raw Material-Commodity Purchase Contract with India
The South African and Indian trade ministers have decided to enter into long term contracts for purchase of raw materials and commodities, and the recently opened office of MMTC in South Africa has been mandated by Shri Anand Sharma to work on this proposal expeditiously.

SOUTH AFRICA: Finished garments show to promote SA-India trade relations
To further promote trade relations between South Africa and India, 30 clothing and textile manufacturers from India would show their collections of finished garments and interior décor at the Indian clothing and textile trade show in March.

SOUTH AFRICA: South Africa textile association to argue for lower wages
The ReDress Consultancy’s Renato Palmi, who assisted in setting up the new United Clothing and Textiles Association (Ucta), said yesterday that the bargaining council’s plan to phase in the minimum wage was a “big concern”.

SOUTH AFRICA: CTCP launched PI to revitalize clothing and textile sector
A new Clothing and Textile Competitiveness Program (CTCP) from South Africa, with a core funding mechanism, “The Production Incentive” (PI) has been launched recently, by the Trade and Industry Minister of South Africa, Mr. Rob Davies.

SOUTH AFRICA: South Africa wool ban might kick local demand
A halt to raw wool and mohair exports from South Africa to China might benefit Australian growers of non-mulesed wool if it continued, a South Australian marketer said this week.

SOUTH AFRICA: Tension rises in textile and clothing industry
Tension in the textile and clothing industry grew last week when two companies charged with flouting industry wage agreements barred a sheriff of the court from entering their premises.

SOUTH AFRICA: SARS announces new VAT form
The South African Revenue Service (SARS) has announced a new form for the remittance of Value Added Tax. The VAT 201 form became available on e-filing on Monday.

SOUTH AFRICA: Another S A Textile Group is Shutting Down
Another South Africa textile group is going to close down. SA Fine Worsteds, manufacturer of worsted for wool suits among other things. As it is receiving less orders. This closure will leave more than 325 people without jobs.

SOUTH AFRICA: Market Closes Virtually Unchanged
Supported by a weaker rand, the market held up fairly well at this week’s sale following last week’s slide and Cape Wools’ Merino indicator closed down a marginal 0,4 at R46,91/kg (clean).

SOUTH AFRICA: South Africa - Wool prices up at year's final sale
CAPE Wools said that wool prices were up at its last sale before the Christmas break.

SOUTH AFRICA: Emporio Roma Chooses Socially Conscious Manufacturing
Emporio Roma provides economic opportunity to rural women by choosing South Africa to manufacture its clothing line.

SOUTH AFRICA: Wool market retract marginally due to the stronger rand
Due to the stronger rand, the market retracted marginally from last week’s price levels and Cape Wools’ Merino indicator closed

SOUTH AFRICA: Wool prices post solid gains
The South African wool market made a turnabout at this week's sale following last week's poor performance and the prices of most types posted solid gains. Cape Wools' Merino indicator rose 4.8 percent to close at R60.68 per kilogram

SOUTH AFRICA: Textile exporters heave a sigh of relief
The government has extended the duty credit certificate scheme (DCCS), intended to strengthen the export competitiveness of the industry, which will bring certainty for clothing exporters. Thousands of workers have been laid off, as doubts about the future of the program forced companies to

SOUTH AFRICA: Itac to review textile tariffs
The International Trade Administration Commission (Itac), with an aim to lower...

SOUTH AFRICA: Itac launches review program on textile inputs
The organisation, which falls under the aegis of the bigger Department of Trade and industry, the International Trade Administration...

SOUTH AFRICA: Weak dollar takes its toll on wool sale
The weakening of the US dollar, resulting in the strengthening of the rand, was the foremost reason for the 2,5% drop in prices at Wednesday‘s Cape Mohair and Wool sale. The market performed well, with 97% of the offering sold under good competition

SOUTH AFRICA: ATF 2007 to focus on textiles, apparel segment
An accredited, professional company formed by a highly skilled exhibition team, Lte South Africa is organising the 9th Intl Apparel, Textile...

SOUTH AFRICA: Imposition of quots on Fabric imports was an error
Aaron Searll, CEO of the R 3.5 billion a year clothing and textile giant Seardel has said that the imposition of quotas on fabrics in January 2007, was a mistake. In reviewing the China Voluntary Restraint Agreement for the

SOUTH AFRICA: Seardel to manufacture 2010 FIFA World Cup clothing
Global Brands Group, one of the world's leading independent, international brand management, retail and licensing companies, has signed up Seardel Investment Corporation to create official licensed clothing bearing the 2010 FIFA World Cup trademark.

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