Minister: Leather, footwear exports have increased significantly
The SA Clothing & Textile Workers Union is hosting an imbizo at the CTICC today.
CAPE TOWN - Trade and Industry Minister Rob Davies says leather and footwear exports have increased significantly in the last five years.
The South African Clothing and Textile Workers Union is hosting an imbizo at the Cape Town International Convention Centre (CTICC) today where Davies is a speaker.
Davies says the department has injected R3.5 billion in incentives for the sector.
He says his department has increased incentives for the clothing, textile, footwear and leather industry.
Davies says one of these incentives is implementing a "fast-fashion" policy.
"A four week period between the arrival of an import and the placing of an order. This creates an opportunity to present a product more quickly to a retailer."
The minister adds the competitiveness of the local industry has been rising over the last few years. He says this is largely thanks to growing support from his department.
Davies says exports in the footwear and leather sector have begun to increase, contributing about R5 million to the export industry.