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This report examines the South African textile industry, from the manufacture and distribution of basic textiles, yarns, and fabrics, to the large retail market for finished textile products like towels and linen. It includes comprehensive information on the state and size of the sector, demand, sales trade and employment statistics, sector trends, corporate actions and major developments.
There are profiles of 23 companies including manufacturers such as Standerton Mills and Aranda Textile Mills, Associate Spinners and The Good Hope Textile Corporation (Da Gama).
The Textile Industry:
Retail trade sales of textiles have continued to expand although the country s protracted struggle with low economic growth and falling incomes, recently exacerbated by the coronavirus outbreak and national lockdown, have restrained consumer spending. In the manufacturing sector, production and employment have stagnated and
South Africa Textile Industry Report 2020 with Profiles of 20+ Players Including Standerton Mills, Aranda Textile Mills, Associate Spinners and The Good Hope Textile yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
A blanket manufacturer and blanket reseller have been issued
fines of R5 million and R500 000 respectively after being found guilty of
collusion in government tenders, the Competition Tribunal said on Wednesday.
Blanket manufacturer Aranda Textile Mills and blanket
reseller Mzansi Blanket Supplies were found guilty of price fixing and collusive
tendering relating to a 2015 National Treasury tender.
Both Aranda and Mzansi submitted bids to procure blankets
and other items on behalf of several state departments including the Department
of Correctional Services, South African Police Service, South African Military
Health Service and Emergency Medical Services, the Tribunal said.
It said it had studied the evidence submitted by both companies and that the only reasonable inference that can be drawn is
Government blanket tender winner fined R5m for collusion 23 December 2020 - 21:28 By TimesLIVE Blanket maker Aranda Textile Mills and blanket reseller Mzansi Blanket Supplies were found guilty of price fixing and collusive tendering in relation to a 2015 National Treasury tender. The picture shows a blanket made by Aranda Textile Mills. Picture: SUPPLIED Image: Supplied
A blanket manufacturer that won a lucrative government tender been fined R5m for collusion.
The Competition Tribunal said on Wednesday that Aranda Textile Mills (Pty) Ltd and blanket reseller Mzansi Blanket Supplies (Pty) Ltd were found guilty of price fixing and collusive tendering in relation to a 2015 National Treasury tender.