The case for localisation in South Africa’s retail sector

You can also listen to this podcast on iono.fm here.

In an effort to drive industrialisation, South Africa adopted a reimagined industrial strategy in 2019 that included masterplans for specific sectors.

In this episode of The Business of Africa podcast, we hone in on one of the four masterplans: the Retail-Clothing, Textile, Footwear and Leather (R-CTFL) Masterplan. This social compact between government, retail, manufacturing and labour seeks to revitalise South Africa’s rich textile and clothing industry.

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SA clothing industry applauds tax on online retailers Temu and Shein

Irshaad Kathrada, CEO of the Localisation Support Fund, joins us to discuss the findings of a feasibility study on localisation in South Africa’s garment industry.

The study reveals that increasing local garment sourcing could unlock up to 81 million additional locally produced garments per year by 2030, add nearly R8 billion in annual manufacturing output, and create up to 34 000 new jobs.

Tune in to learn more about how South Africa can better protect local manufacturers from cheap imports.

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Listen/read:
The risks of retail for investors
Fashion fail: Policy gaps expose local manufacturers to offshore disruptors
Why locally made can still trump cheap imports

* You can listen to the full podcast above or download it from iono, Spotify or Apple Podcasts. 

For previous episodes of The Business of Africa podcast, click here. 

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