{"id":871133,"date":"2026-08-20T12:30:00","date_gmt":"2026-08-20T10:30:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=871133"},"modified":"2026-08-20T12:55:27","modified_gmt":"2026-08-20T10:55:27","slug":"business-talk-idcs-nicole-moonsamy-on-the-south-african-textile-sector","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/871133\/business-talk-idcs-nicole-moonsamy-on-the-south-african-textile-sector\/","title":{"rendered":"Business Talk \u2013 IDC\u2019s Nicole Moonsamy on the South African textile sector"},"content":{"rendered":"\n<p>In this Business Talk with Michael Avery interview, Nicole Moonsamy discusses the IDC and how it is helping entrepreneurs and startups.<\/p>\n\n\n\n<p>Moonsamy is the Head of Textiles and Wood Products at the Industrial Development Corporation and has worked there for over 15 years.<\/p>\n\n\n\n<p>She recently assumed her current position in April 2026, but prior to this, she held multiple other leadership roles at the organisation.<\/p>\n\n\n\n<p>This included serving as the IDC Business Development Manager for nearly six years and as a Senior Deal Maker for nine years.<\/p>\n\n\n\n<p>The IDC is a state-owned national development financial institution that supports entrepreneurs and businesses in driving growth, creating jobs, and promoting economic empowerment across South Africa.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The interview<\/strong><\/h2>\n\n\n\n<p>In this Business Talk interview, Moonsamy outlines the current state of the clothing, textiles, footwear and leather goods sectors, and reveals the main pressure points currently presenting challenges for the sector.<\/p>\n\n\n\n<p>Moonsamy explains what the IDC does to support the sector and how the Manufacturing Competitiveness Enhancement Programme works.<\/p>\n\n\n\n<p>She also shares what the IDC assesses when receiving applications for funding from businesses.<\/p>\n\n\n\n<p>Moonsamy concludes the interview by unpacking how small manufacturers and emerging black industrialists can benefit from the sector&#8217;s growth alongside large, established companies.<\/p>\n\n\n\n<p>Watch the interview with Nicole Moonsamy below.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Business Talk - Nicole Moonsamy on rebuilding South Africa&#039;s textile manufacturing industry\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/8upRTYXFGyA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Nicole Moonsamy is the Head of Textiles and Wood Products at the IDC and plays a crucial role in helping entrepreneurs and startups get the funding they need.<\/p>\n","protected":false},"author":10,"featured_media":871161,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"posted","_sma_x_autopost_error":"","_sma_x_post_id":"2090386131468558466","_sma_facebook_post_id":"191437357620492_2181559062664493","_sma_instagram_post_id":"17858791149695123","_sma_x_attempts":1,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-871133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/871133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=871133"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/871133\/revisions"}],"predecessor-version":[{"id":871151,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/871133\/revisions\/871151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/871161"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=871133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=871133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=871133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}