More than 34 000 Local Jobs Could Be Lost to Platforms like Shein and Temu

Loading player...

A new study into the Retail-Clothing, Textile, Footwear and Leather (R-CTFL) industry has found that more than 34 000 local jobs could be displaced by 2030 if offshore e-commerce platforms like Shein and Temu continue to grow their market share in South Africa.

The report reveals that in 2024 alone, Shein and Temu captured over R7.3 billion in South African clothing sales, accounting for more than a third of total online clothing spend.

We chat to Irshaad Kathrada, CEO of the Localisation Support Fund for more on this study.

11 Aug English South Africa Business News

Other recent episodes

Vodacom Business SME Technology Day in Partnership with SACCI in Mpumalanga

Vodacom Business in partnership with the South African Chamber of Commerce and Industry (SACCI) held the SME Technology Day in Mbombela on Tuesday, 23 September 2025. This event was aimed at showcasing the latest technologies and tools designed to empower SMEs in today’s digital-first world. We caught up with Vodacom…

23 Sep 11 min

PAAQ App Connects Knowledge Seekers to Experts in Realtime

Today being a Thursday, we shift our focus to the entrepreneurship and this afternoon we chat to Olusegun Adeleke, he is the founder of PAAQ application. The PAAQ App is a platform for booking one-on-one video calls with verified experts for advice and personalized knowledge. Users can seek guidance on…

18 Sep 7 min

Top 16 Nedbank Pitch & Polish Contestant - Xolani Gininda On His Revolutionary Smart Glasses

Xolani Gininda is a Mpumalanga born visionary innovator whose groundbreaking creation is transforming lives - smart glasses that allow deaf and hard-of-hearing individuals to see spoken words in real time. By converting speech into live captions that appear on the lenses, his invention bridges the gap between sound and understanding,…

11 Sep 10 min

One Year of Two-Pot Retirement - What the Withdrawals Mean for Retirement

One year on - South Africa's two-pot retirement system has proven to be one of the most significant financial reforms of a generation. With approximately R60 billion withdrawn, the initial experiment offers a powerful case study, providing valuable insights into member behavior and the challenges that lie ahead. Nashalin Portrag…

11 Sep 7 min

NAFCOC Mpumalanga Announces Two Strategic Partnerships To Boost Local Economy

NAFCOC Mpumalanga has recently announced two strategic partnerships, which include the acquisition of a 20% stake of two Engen Fuel stations and the signing of an MOU which will make it easier for its members to acquire and open Barcelos franchises across the province. These partnerships are aimed at driving…

10 Sep 11 min

All episodes