S&V Weekly Newsletter Vol.5 No.16, April 24, 2019
This Newsletter is sponsored by SAFLIA
LET'S MAKE 2019 A REALLY GOOD YEAR!
Please note: Click on any ad to go to the advertiser’s website
Retail over Easter
Comment from 5 regional and national chains yesterday
Ostrich companies approach Competition Tribunal in their quest to merge
Pretoria, Gauteng, SA – The Competition Tribunal will today (Wednesday) hear the application by ostrich processing companies Mosstrich, Klein Karoo and Cape Karoo to be given access to the confidential information which the Competition Commission took into consideration when it prohibited their proposed merger late last year. In a statement yesterday, the tribunal said:
Footwear & Leather Industries Cluster gets go-ahead
'Prime objective is to bring jobs home'
By Jonathan Hallowes
In addition, FLIC aims to assist the Government, SAFLIA and other agencies to ensure level playing fields by fostering compliance to the country’s laws in terms of illegal imports, fair labour practice, fair incentives, and fair business practice.
Celrose/Eddels: IDC has no plans to sell yet
Johannesburg, Gauteng, SA – The Industrial Development Corporation's divisional executive for corporate affairs, Zama Luthuli, responded to questions on its purchase of Edcon's shares in Celrose and its footwear manufacturing subsidiary, Eddels, as follows: What is the IDC's share in Celrose? IDC will now hold a controlling stake in the business.
CTFL counterfeit goods worth R2.7 billion seized last year
According to a SARS press release, Customs continues to increase the number of busts year on year: Goods valued at R3.7 billion bust by Customs in the past financial year. Clothing, footwear and related goods dominated the figures.
Compared with the same period during the previous financial year (April 2017 to March 2018), the number of busts has increased to 6 828 from 4 840, and the value of the busts has increased to R3 694 742 928 from R2 461 425 369.
Wage negotiations: Footwear
Durban, KZN, SA – Employers in the Footwear sector last week proposed a 3-year wage agreement, offering a 7% increase per year, according to a reliable source at the first round of annual wage negotiations. The source said the unions undertook to respond by the second round on May 13 and 14.
Corrugated packaging paper companies prosecuted for collusive conduct
Pretoria, Gauteng, SA (April 15) – The Competition Commission has referred to the Competition Tribunal for prosecution, packaging paper products manufacturers and suppliers, Mpact Ltd (Mpact) and New Era Packaging (Pty) Ltd (New Era), for cartel conduct.
Death notice: Raymond Manuel, Bolton Footwear
By Selwyn van Aarde, Bolton Footwear
They Said It
"What do you mean, 'Gucci don't want it'?" - Anonymous hide trader parodying cattle farmers who insist on massive brands on the butt area (the middle of the animal's back), the prime cutting area of a hide, because "I want to be able to identify my cattle from my helicopter". With changes in leather use and pressure from the anti-leather lobby, lower grade hides, including those with big brand marks, have lost most of their value.
"There are quite a few orders coming in - but we haven't had the cancellations yet." - Rowan Allison, Midland Tannery, KZN, SA, on an upturn in business. He does have a very dry sense of humour.
"WOW...am I reading and understanding right... The IDC getting involved with Eddels Shoes . In what CAPACITY will they get involved...do we have another T R U B O K Clothing on our hands ... a great company that was screwed down to the ground in a few short years...3 years if I am not mistaken.. Welcome more UNEMPLOYMENT....Welcome more CHINESE...." - Ahmed Sibda, City Fashions, Benoni, Gauteng, SA.
SLTC Convention Countdown: Just 4 weeks to go
The convention will take place from May 17-19 at Green Leaves Country Lodge & Venue in the Magalies Mountains.
S&V Directory - Order now
The directory is ready. On sale for R450. The online version is also available at R450 for 12 months' access.
2019 Trade Fairs Another essential service from S&V
Please note that we have put a list of the 2019 trade fairs and conferences on our website, linked to their websites: http://www.svmag.co.za/events
ABSA Agri Trends 10/04: Hides & skins prices
Bovine: The average hide price over the past week rose slightly to R1.68/kg green. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies.
22/04/1959: John Comley, Eddels, Pietermaritzburg.
In Memoriam this week
22/04/2007: Louise Cowie (b.05/06/?), GW Cowie & Co, Durban.
Have you let us know about your birthday, or the birthdays of your colleagues? Our readers love this section, so please become part of it. This also applies to the In Memoriam section. Help us remember former colleagues.
Have a look at these links
Representation in UK
Tom Marcus, formerly of Tholanizikhumba Trading in Pietermaritzburg and now resident in the UK, is offering representation in the U.K. - email@example.com
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, firstname.lastname@example.org
Next newsletter: April 29, 2019.