The COSATU-affiliated Southern African Clothing & Textile Workers' Union appreciated the signing of Retail, Clothing, Textile, Footwear & Leather master plan. This plan makes a point to lay a firm for future growth and keeping the sustainability of our industry.
It was signed today by major CTFL retailers, manufacturers, labor and government, at the 2nd Presidential Investment Conference in Sandton, Gauteng.
In particular, we are pleased with the commitments made by government to help strengthen the inspections and compliance enforcement capacity of the South African Revenue Services (SARS) to stamp out illegal imports and under-invoicing, major retailers to procure more clothing, textile, footwear, and leather goods locally (up to 65 percent), and CTFL manufacturers to increase investment in modernizing productive capacity in our industry.
This R-CTFL Master plan sets the objective of creating more than 70 000 new manufacturing jobs in our industry, over the next few years. We look forward to the constructive and effective implementation of this new and innovative tri-partite social compact, the first of its kind to be signed by our industry's major stakeholders.