• Wealth and poverty

    True riches would be to create a safe and satisfied community for all South Africans.

  • SABC shenanigans

    SA has already embarked on a slippery slope to autocracy, warns Terry Bell in Inside Labour.

  • Zim tastes people power

    Protests in Zimbabwe are forcing Mugabe to face anti-government sentiment, says Memory Mataranyika.

All data is delayed
Loading...
See More

Clothing sector sheds fewer jobs

Nov 14 2011 17:21
Sapa

Johannesburg - There has been a significant slowdown in retrenchments in the clothing and textile industry, a trade union report showed.

A drop of more than 50% in retrenchments was recorded in the first nine months of 2011 compared to the same period last year, the SA Clothing and Textile Workers Union (Sactwu) said on Monday.

The report was tabled at the union's national executive committee meeting at the weekend.

"This slowdown is mainly attributed to the assistance... by government in the form of support measures to increase factories' competitiveness," general secretary Andre Kriel said in a statement.

"Sactwu's efforts to increase demand for local goods and to ensure the full implementation of the industry development strategy through its 'save jobs campaign' were also highlighted as a significant contributor."

job losses  |  sactwu

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE SAVINGS ISSUE

Saving can make a lot of things possible, but we all know how hard it is to save. This special Savings Issue will help you get focused.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Sarb's decision to keep the repo rate unchanged is:

Previous results · Suggest a vote

Loading...