It took food and clothing company AVI just seven years to bring a 44-year-old Cape-based shoe manufacturer to the verge of collapse. Weeks before the 2018 year-end holidays, 336 employees of shoe manufacturer Green Cross were simply told that an in-principle decision had been made to "import all products".

JSE-listed AVI, which owns a portfolio of branded consumer goods including Five Roses tea, Provita biscuits and footwear outfit Spitz, says it had no choice...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.