South African Business 2020 edition
A unique guide to business and investment in South Africa. Welcome to the eighth edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa. Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. A special feature focusses on the huge potential for growth and job creation which the tourism industry holds. The possibilities presented by the age of renewable energy for the mining industry is the topic of another special feature and the CEO of Minerals Council South Africa responds to a set of questions on the state of mining in the country. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces.
A unique guide to business and investment in South Africa.
Welcome to the eighth edition of the South African Business journal. First published in 2011, the publication has established itself as the premier business and investment guide to South Africa. Regular pages cover all the main economic sectors of the South African economy and give a snapshot of each of the country’s provincial economies. A special feature focusses on the huge potential for growth and job creation which the tourism industry holds. The possibilities presented by the age of renewable energy for the mining industry is the topic of another special feature and the CEO of Minerals Council South Africa responds to a set of questions on the state of mining in the country. South African Business is complemented by nine regional publications covering the business and investment environment in each of South Africa’s provinces.
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PROFILE INTERVIEW<br />
Michael Brosnahan, CEO<br />
Traceability is a key<br />
differentiator for major<br />
mohair producer<br />
Michael Brosnahan, the CEO of SAMIL, explains why he is<br />
positive about the future of the mohair industry.<br />
What is the state of the mohair sector in <strong>South</strong> Africa at<br />
the moment?<br />
Despite all the challenges, we are extremely positive about the future. Mohair<br />
farmers are a hardy breed of individuals used to facing and overcoming<br />
adversity, including the recent drought. There are indications that the<br />
situation is improving. The <strong>South</strong> <strong>African</strong> mohair production for the last<br />
two seasons was 2.40-million kg in 2017, and 2.24-million kg in 2018. The<br />
prediction is that production will be in the region of 2.35-million kg this<br />
year. However, nature is a fickle entity.<br />
What are the main countries to which Samil exports?<br />
Italy and China are our two largest markets in terms of semi-processed tops.<br />
We redirect between 15-20% (and this figure is increasing) of tops produced<br />
at SAMIL Combing to SAMIL Spinning for conversion into magnificent yarns<br />
which are mainly sold on the international stage.<br />
What are the advantages of having multiple divisions?<br />
SAMIL has a team of professionals with long years of experience in both<br />
the mohair and textile industries. As traceability becomes more and more<br />
important to the final consumer, SAMIL has a distinct point of difference<br />
– we are involved from goat farming through all conversion processes to<br />
the finished yarn.<br />
BIOGRAPHY<br />
Michael emigrated from the<br />
UK to KwaZulu-Natal in <strong>South</strong><br />
Africa in 1981 in order to take up<br />
the position of Quality Assurance<br />
Manager with the Frame Group.<br />
A chartered member of the<br />
Textile Institute in <strong>South</strong> Africa,<br />
he has managed several large<br />
textile companies since then.<br />
Mooi River Textiles was awarded<br />
Cotton Spinner of the Year for<br />
three consecutive years under<br />
his leadership. He was appointed<br />
CEO of SAMIL Natural Fibres in<br />
Port Elizabeth in 2016.<br />
What headwinds has mohair experienced?<br />
Mohair has faced some serious challenges in recent years, the first of which<br />
was PETA’s exposé on the <strong>South</strong> <strong>African</strong> mohair industry in May 2018. Though<br />
a negative attack, the positive spin-off is that it has helped the industry to<br />
fast-track the implementation of the Mohair Sustainability requirements. The<br />
industry has engaged with the Textile Exchange in drawing up a Responsible<br />
Mohair Standard. This is to satisfy consumers that mohair is a sustainable<br />
and ethically produced product.<br />
Secondly, the Lesotho farmers’ conflict with their government over<br />
restrictive mohair export conditions. They have recently won a High<br />
Court battle to have these restrictive conditions repealed but there is still<br />
uncertainty as to when normal supply will resume.<br />
What other plans do you have?<br />
We are also investing in our combing and spinning operations to ensure we<br />
are equipped to deliver quality products timeously to our clients.<br />
SOUTH AFRICAN BUSINESS <strong>2020</strong><br />
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