S&V Weekly Newsletter Vol.5 No.51, December 23, 2019
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Good news last week
Tracking SA's recovery in the headlines:
Retail last week
Overall, better than expected
Newcastle, KZN, SA – Latiff's Boutique will close early in the New Year, member JA Latiff said last week. He said he and his wife would be retiring.
They Said It
"Comfortably out of the trade and so happy." - Lynn Kogel (née Hunter), formerly of Bob Hunter Agencies, who is now working with her husband in their hairdressing business.
"So you're alive? Oh, bad luck." - Garth Ribbink of Greenaways (Natal) to me on Friday. He'd received a call from ex-shoe industry person Johnny Rodinis, who'd seen a death notice for a 'Tony Dixon' (I'm Dickson). Having satisfied himself that I was still alive, and sounding a bit disappointed about it, he added: "Well, if you owe any money, now's the time to duck."
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 updated most 2020 trade fairs and conferences on our website, linked to their websites: http://www.svmag.co.za/events
ABSA Agri Trends 13/12: Hides & skins prices
Hides: The current average hide price is R1.43/skin, this is 1.1% higher than last week’s price of R1.41/skin. The current price is 11.2% lower than prices were a month ago and the current hide price is 62.7% lower than prices were a year ago. The local market remains stable. Locally the closure of automotive plants for the holidays will keep prices at the current low levels in the short to medium term. The price of merino skins was down by 5.3% from R45.71/skin to R43.29/skin this week. The Dorper skin price was up by 11.2% week on week at R34.17/skin. Compared to a year ago the price of dorper skins is 11.27% higher and the price of merino skins is 53.20% lower. - Conce Moraba, agricultural economist, Absa Group. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies.
23/12/1947: Chris Dorasamy, Robach Components, Pinetown.
In Memoriam this week
23/12/2004: Stewart Dorrington (b.?), King Tanning, King William’s Town.
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Have a look at these links
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Next newsletter: December 30, 2019.