Subscribe & Follow
Advertise your job vacancies
Jobs
Everything-must-go-in-Baisch-sale
A report in Eyewitness News says that the contents of one of Cape Town's last remaining knitwear factories has gone on auction - and the closure of the Maitland based Baisch Knitwear factory is evidence of the crisis facing the local Apparel Manufacturers industry, which is increasingly threatened by the growth in illegal Chinese imports.
Eyewitness News reports that a 2011 research by the Apparel Manufacturers of South Africa (Amsa) revealed that some 6,000 informal Chinese shops operate in South Africa.
Dozens gathered at the Baisch Knitwear Factory to buy machinery, and almost everything was on sale - over lockers, chairs and even boards where workers once clocked-in are being sold for between R50 and R1,000. According to Eyewitness News, over 200 workers lost their jobs when the factory closed.
Read the full article on ewn.co.za