Swaziland investment promotion bureau Phiwayinkhosi Ginindza said yesterday, general manager of South Africa already beginning active textile enterprises, they are going to close to Swaziland will companies moved Swaziland.

However, Ginindza cannot confirm whether these companies located in Newcastle wholly-owned company, China earlier this year they threatened, if forced them to execute the minimum wage weekly 324 rand, they will leave the country.

Ginindza said, some company plan into Swaziland reason is, according to the African growth and opportunity act, Swaziland has access to the U.S. market preferential policy, meanwhile, is they expand outside South Africa market expansion strategy.

Newcastle about 8,000 employees factory. Seven months ago, clothing manufacturing negotiating committee began to close those not implemented the minimum wage factory.

By the end of the month, minimum wage is expected to increase to 336 rand/week and by the end of the year is expected to increase to 465 rand, till April increased to 516 rand.

Newcastle Chinese chamber has said that its members will not continue to operate, instead, they suggested lower minimum wage level.

Source "Chinese textile nets"

Author: Thai Thai editor: lara