S&V Weekly Newsletter Vol.4 No.22, June 4, 2018
This Newsletter is sponsored by SAFLIA
Please note: Click on any ad to go to the advertiser’s website
Jaraf not producing, Sneaker Factory a CMT operation
Durban (SA) – While Jaraf Moccasin is in liquidation and is not producing footwear, its sibling company, Sneaker Factory (Pty) Ltd, is continuing production as a CMT operation, spokesman Rafiq Mahomed has confirmed.
The following announcement appeared on the STAR Group website on Monday, June 4
Steinhoff Africa Retail Limited - claim lodged by founders and original shareholders in Tekkie Town in terms of an alleged earn out agreement
Cape Town (SA) – Shareholders are referred to an announcement made on 16 May 2018 pertaining to a claim against STAR in respect of of an alleged earn out agreement.
Component Cluster: Due diligence shortly
Johannesburg (SA) – The Industrial Development Corporation will shortly be doing due diligence on component suppliers who have applied to join the proposed component cluster.
They Said It
"You’ve misspelt it … it's observant, observant, observant." - International School of Tanning Technology administrator Debbie Archer. I'd told her she was "picky, picky, picky" for quibbling over the dates on an invoice.
What's in a word?
A restaurant in Durban's CBD is promoting the soundness of its meat sourcing...but somehow the message to the sign writer got a bit muddled. What should have been 'ethically farmed' chicken became 'ethnically farmed'. What a difference two little letters of the alphabet can make.
Birthdays this week
04/06/1956: Romualdo Varela, left SA, formerly Zenda, Pretoria.
In Memoriam this week
04/06/2002: Rex Phillipson (b. 13/4/1917), Picaninni Shoes [closed], 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 01/06: Hides & skins prices
The average hide price over the past week was R7.74/kg green. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies. The average price for Dorper skins was R30.71, and for Merino skins was R95.89.
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: June 11, 2018.