Textile firms tap into bailout package

Monday, March 22, 2010

Players in the textile industry were last week cobbling together formal applications to access the P38-million bailout the government is extending to the troubled sector over a two-year period.

A committee has been established in the Ministry of Trade and Industry's Industrial Affairs Department to vet an anticipated deluge of applications from an industry among the hardest hit by the recession last year.

Workers estimated in their thousands lost their jobs as many companies in the textile sector went to the wall last year.

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Textile firms tap into bailout package

Players in the textile industry were last week cobbling together formal applications to access the P38-million bailout the government is extending to the troubled sector over a two-year period.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!