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Project 1: House Of David Tlale

Project 1: House of David Tlale

Sector: Manufacturing – Textiles

ZAR125 million (USD9.5 million or €7.9 million)

Project Summary

The project aims to set up a design and production facility in Gauteng, that will service the textiles, retail and corporate wear industry. The entity will add value to textiles through its fabric printing capabilities, manufacture clothing for private designers as well as general retailers; and produce corporate wear for clients such as SAA, National Treasury, etc. The company currently produces designer and retail wear at a small scale. The larger manufacturing facility aims to create over 300 jobs and revive an ailing textiles sector by bringing back manufacturing skills in the country.

Location Johannesburg
Project Development Stage Financial Close
NEF Investment to Date ca. R200 million
NEF Equity
Project Promoter House of David Tlale
Projected Financial Close Requirement ZAR125 million (USD9.5 million or €7.9 million)
Jobs Created  300
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