The Department of Trade and Industry (the dti) together with the Industrial Development Corporation (IDC) remains engaged in seeking ways to preserve employment and industrial capacity from the Frame Vertical Textiles business.
Discussions are currently underway with Frame, the IDC and the dti to explore the possibility of attracting a foreign investor into a new venture. Further details will be made available when this process has been completed.
For more information, contact:
Clement Manoko
Tel: 012 394 1712
Cell: 082 311 8931
Issued by: Department of Trade and Industry
9 July 2009
