S&V Weekly Newsletter Vol.3 No.17, May 2, 2017
This Newsletter is sponsored by SAFLIA
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Über Gruvi in liquidation
Cape Town (SA) – Women’s comfort footwear manufacturer Über Gruvi went into liquidation last week.
Pretoria (SA) – The annual SLTC conference will take place on the 26 to 28 May 2017 at La Wiida Lodge, on the R511 between Johannesburg and Pretoria. Please contact the secretary, Nicky Phipps, for details. – [firstname.lastname@example.org]
Sutherland: Creditors accept rescue plan
Pietermaritzburg (SA) – Sutherland Tannery creditors accepted the business rescue plan put forward to them on April 20, according to Neil Button of Stowell Estate Administration Trust. The plan includes selling the business.
Wage negotiations: 2nd round dates
Durban (SA) – The first rounds of wage negotiations ended without resolution last month. The 2nd round of negotiations for the 3 subsectors within the Leather Industry are as follows:
Sure Footwear closes
Durban (SA) – Former police shoe and moccasin manufacturer Sure Footwear cc has closed down, a creditor has confirmed. Member NV Suresh Kumar could not be reached for comment.
Borage to move back into own factory
Pinetown (SA) – Laminator Borage Trading cc will move back into its own premises at 30 Alexander Road, Westmead, later this month. It has been operating out of rented premises since a fire destroyed its factory in March last year.
SA downgrade: Meeting to discuss implications for TCLF industries
Cape Town (SA) – Trade unions SACTWU and NULAW have invited other stakeholders in the National Textile Bargaining Council and the National Bargaining Council of the Leather Industry of SA to a congress this Friday to discuss the implications for their industries of the downgrade of South Africa’s credit rating by ratings agency Moody’s. The meeting will be at the Textile Bargaining Council offices in Cape Town.
Birthdays this week
01/05/1932: George Wilkens, retired, formerly Martin Johnson [closed], Pietermaritzburg.
In Memoriam this week
05/05/2001: Raj Kallichurum (b. 23/02/1954), Shoe Component Supplies, KwaDukuza.
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 25/04: Hides & skins prices
The average bovine hide price over the past week was R14.75/kg green. Hide prices are determined by the average of RMAA and independent companies. “The recent strength of the currency and pressure from the demand side has been adding pressure on prices. There may also be stocks still sitting from December, which further add pressure on prices.”
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
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, email@example.com
Next newsletter: May 8, 2017.