News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise with us

Enterprise Mauritius team in SA

Mauritian business representatives descended on Durban on Monday, and will be in Johannesburg later this week, to promote the country's trade opportunities in textile manufacturing, accessories, jewellery, and agricultural products.
Enterprise Mauritius team in SA
© Oleksandr Shevchenko – 123RF.com

The Enterprise Mauritius team said it was already talking to big chains, such as Mr Price, Ackermans and Reebok about manufacturing in the Indian Ocean country.

The same group was in Cape Town earlier this year to expand its manufacturing contracts with large retailers, such as Woolworths and The Foschini Group which are already sourcing some of their production in Mauritius. The country is already doing business with the likes of Edcon and major brand names, such as Calvin Klein, Puma, River Island and Levi’s.

Europe and the US account for more than 50% of Mauritian textile and clothing products, while SA accounts for about 24%, as the fourth-largest importer of apparel.

Enterprise Mauritius CE Arvind Radhakrishna said the trade missions sought to strengthen existing relationship, while seeking new buyers in different categories, such as boutique outlets.

"The timing of the mission is particularly opportune in light of the depreciation of the South African rand, since Mauritian manufacturers enjoy zero rate of duty when entering the South African market."

Radhakrishna encouraged South African companies, especially big fabric manufacturers, to set up their plants in Mauritius. The textile and apparel industry employs about 55,000 people on the island.

Source: Business Day

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za
Let's do Biz