S&V Weekly Newsletter Vol.5 No.44, November 4, 2019
This Newsletter is sponsored by SAFLIA
Please note: Click on any ad to go to the advertiser’s website
Good news last week
Tracking SA's recovery in the headlines:
Retail last week
Comment from 4 mini-chains this morning
Customs targeting CTFL, scrap metal and gold industries
Extracts from media release headlined 'Customs clamps down on illicit activities in the scrap metal industry'
Nike sells Hurley to Bluestar Alliance
Beaverton, Ore., U.S. (October 29, 2019) – Nike Inc. announced today it has reached a definitive agreement to sell the Hurley brand to Bluestar Alliance LLC. Terms of the transaction are not being disclosed and it is expected to be complete in December.
They Said It
"Springbok eats Lion." - Headline in yesterday's Sunday Telegraph. They're a class apart, those UK headline writers.
"I’m not sure I should risk sending an updated picture. I have a new phone and I’m worried it might crack." - Karen Vandenheede, of mould maker Galabiss, after being asked to send a photo of husband (and boss, sort of) Fernand.
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 29/10: Hides & skins prices
The current price is 7.7% lower than prices were a month ago and the current hide price is 65.9% lower than prices were a year ago. Unfortunately the hide situation continues to remain very much stagnant. Abundant supplies continue to weigh down the global and local market. Prices remain weak locally and globally. Prices could potentially decline further during the festive holidays, seasonally this is a tough period with the automotive industry closing for holidays. The price for dorper skins remained unchanged at R23.33/skin and the price of merino skins decreased by 2.1% to R38.19/skin this week. Compared to a year ago the price of dorper skins is 26.3% lower and the price of merino skins is 55.54% lower. - Wessel Lemmer, senior agricultural economist, Absa Group. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies.
04/11/1962: Philip A Carstens, Carstens’ Orthotic Laboratories, Durbanville.
In Memoriam this week
04/11/1998: Roy Schefermann, Futura Footwear.
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Have a look at these links
We invite businesses to send us links to websites, Facebook pages and the like which they feel would be of interest to others. The links below are from our database:
Leading South African leather company looking to employ a sales representative in KZN.
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, email@example.com
Next newsletter: November 11, 2019.