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South Africa to launch black industrialist textile firm

Bulelani Magwanishe, the Deputy Minister of Trade and Industry and Sihle Zikalala, KwaZulu-Natal MEC for Economic Development, Tourism and Environmental Affairs will launch Africa Bespoke Apparel (ABA), an R81 million black Industrialist textile firm in Verulam, KwaZulu-Natal, South Africa on January 22, 2019. ABA is one of the first black industrialists beneficiaries to have created around 450 job opportunities within four months of its operations. The company received a grant of R35.5 million from the Department of Trade and Industry and also Black Industrial Scheme (BIS). The project is co-funded by KwaZulu-Natal government’s Growth Fund.

The latest technology installed through BIS will help ABA increase its production by three times. Besides BIS will extend its support to ABA to expand into the sub-Saharan African markets.