Ethiopia has become a new source of cheap manufacturing for the fashion industry as prices in China and India have risen JENNY VAUGHAN/AFP/GETTYIMAGESWorkers at garment factories in Ethiopia making clothes for high street favourites such as H&M and Gap are the lowest paid in the world, earning only £5 a week, according to a report. The country has become the newest and cheapest source for the global fashion industry after tight labour markets pushed up wages in China and other traditional manufacturing centres. The move to Ethiopia was prompted by its government’s ambitions to attract the garment industry by promoting the “lowest base wage in any garment-producing country”, the equivalent of $26 a month, according to a report by the New York University Stern Centre for Business and Human Rights. With its bright, spacious buildings and modern plumbing, the Hawassa industrial park, 140 miles from the capital…

Source: Ethiopian News May 07, 2019 22:52 UTC