S&V Weekly Newsletter Vol.5 No.46, November 18, 2019
This Newsletter is sponsored by SAFLIA
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Good news last week
Tracking SA's recovery in the headlines:
Retail last week
Comment from 2 retailers on Saturday
Government involvement in the industry
1. Leather workshop next week
2. Masterplan accepted
3. African Ministerial Conference on the Environment
SENS releases last week
Pepkor - Trading statement
They Said It
"I have retired from swimming upstream even in a drought. As the saying goes, you will reap what you sow! You can contact Charl de Villiers of Mosstrich. He has taken over the swimming.:-)" - Piet Neethling, former chairman of the Game Abattoir & Meat Exporters of SA.
Cape Town, W Cape, SA – Howard Spiro, MD of Pienaar Bros in Cape Town, died on November 7, 3 weeks short of his 76th birthday, of leukemia. An obituary by Nicholas Bryant of ProFit Safety Footwear will follow in the upcoming editions of S&V Footwear and S&V Protect magazines.
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 08/11: Hides & skins prices
Hides: The current price is 7.5% lower than prices were a month ago and the current hide price is 64.5% lower than prices were a year ago. This week a slight uptick in local demand supported prices. Generally, the hide market sentiment is bearish, in line with the weak international hide market. Abundant supplies continue to weigh down the global and local market. Prices are not expected to rebound in the short to medium term. Sheep skins: The price for dorper skins remained unchanged at R23.33/skin and the price of merino skins increased by 8.5% to R41.43/skin this week. Compared to a year ago the price of dorper skins is 23.83% lower and the price of merino skins is 57.24% 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.
18/11/1939: Frank Rosenberg, Leathermarc, Bloemfontein.
In Memoriam this week
19/11/2014: Allan Bell (b. 09/07/1926), Bata Kenya and Futura Footwear, in the UK.
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Have a look at these links
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Next newsletter: November 25, 2019.