S&V Weekly Newsletter Vol.3 No.4, January 30, 2017
This Newsletter is sponsored by SAFLIA
Please note: Click on any ad to go to the advertiser’s website
EAC proposal for duty-free footwear rebuffed
Johannesburg (SA) – SAFLIA has so far successfully lobbied against a proposal by the East African Community (EAC) that footwear trade between it and South Africa through the Southern African Customs Union (SACU) be zero-rated. Following ongoing negotiations at NEDLAC, the standard 30% duty, which applies to all footwear imports, remains in place and SAFLIA requested that the SACU’s report on the proposal lists footwear as “sensitive”.
Western boots at risk in US-Mexico trade war of words - worry for SA ostrich tanners
Western boots in the US - 1 of 3 key markets for SA ostrich leather - are likely to be affected by any changes to US-Mexican trade relations, including the threat to impose new import duties. A high percentage of Western boot manufacturing has moved from the US to Mexico, and further afield.
Da Gama Textiles fined R2m for ‘collusive trading’
Pretoria (SA) – The Competition Tribunal has fined The Good Hope Textile Corporation (Pty) Ltd, t/a Da Gama Textiles, over R2m for a case involving a State tender dating back to 2013. The case was heard on January 25.
Dangee Carken’s Miss Black hits Facebook milestone
Johannesburg (SA) – Dangee Carken’s Miss Black brand has reached 150 000 likes on Facebook, according to a statement by director Jason Craft.
They Said It
"Of trading conditions in Zimbabwe, you could say they remain extremely challenging mainly due to the extreme cash shortage and the massive retrenchments which took place in 2016." - Linda Masterson, Group Managing Director - Edgars Stores Limited - Zimbabwe.
Birthdays this week
31/01/1971: Ashley Benjamin, NULAW, Durban.
In Memoriam this week
31/01/2016: Rudi Geyser (b. 11/03/1937), EVA Industries, Durban.
Do you have any names you’d like to add to our list of birthdays and In Memoriam? Please send the details.
ABSA Agri Trends 31/01: Hides & skins prices
The average bovine hide price over the past week was R15.10/kg green. Hide prices are determined by the average of RMAA and independent companies. “Hide prices are coming under immense pressure to reduce and the expectations are that prices may drop over the next few weeks.” – Quote from the weekly report, Jan 24.
Trade Fair dates
For a list of local and international trade fairs covering footwear, leather goods, leather and PPE, visit our website: http://www.svmag.co.za/events.php
Michelangelo Menswear Clothing Brand
Established Menswear Clothing Brand
Looking for Sales Representative
South Africa and Border Countries.
Email CV to: email@example.com
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, firstname.lastname@example.org
Next newsletter: February 6, 2017.