The textile industry is one of the most strategic platforms through which South Africa can bolster trade of its local products. The textile manufacturing industry is an ideal model for sustainable entrepreneurship as it encourages productivity, hard work and self-reliance.
The recently launched Ivili Loboya Textile in Rosebank, Johannesburg is evident of this fact. Ivili Loboya, which is Africa’s first cashmere fabric manufacturer, was first established in 2015 as a wool processing hub in Ibika village in Butterworth, Eastern Cape.
Initiatives like Ivili Loboya Textile are a very important intervention in bolstering rural economies and addressing some of the South Africa’s national imperatives. Ivili Textiles is also commended for their strategic focus of promoting women participation, improving productivity through agronomic and development skills, as well as promoting entrepreneurship, thus contributing directly to the objectives of boosting their county’s economy.