S&V Weekly Newsletter Vol.7 No.13, March 29 2021
This Newsletter is sponsored by SAFLIA
Please note: Click on any ad to go to the advertiser’s website
Covid: Its effect on footwear last year
Durban, KZN, SA – Footwear manufacturing and footwear imports dropped by almost identical percentages last year, SAFLIA executive director Jirka Vymĕtal said last week.
Local manufacturing dropped by 20.04%, from 56.9 to 45.5 million pairs, while imports dropped by 20.6%, from 199 to 158.1 million pairs.
The value of locally manufactured footwear, based on ex-factory sales, dropped by 11.8%, from R6.38 billion to R5.62 billion. Weekly employment fell by 16.9%, from 10 622 to 8 831 workers.
Exports, excluding to other SACU members, fell by 16.8%, from 3.5 to 2.92 million pairs.
Wages: Footwear sector to renegotiate
Durban, KZN, SA – General secretary of the National Bargaining Council, Gerald Naidoo confirmed that SAFLIA has written to the National Bargaining Council requesting an engagement with the unions to consider cancelling the 3rd leg of the multi-year wage settlement agreement reached in 2019 which requires an implementation of a 7.5% wage increase from 1 July 2021. The 7.5% 2020 increase was delayed until January this year. The unions have in the meantime agreed to consult with their members.
He said he had not yet heard from SATEO, the employers' association in the tanning sector, which also has a multi-year agreement.
Negotiations in the general goods sector, which has a year-to-year agreement, will begin in May.
Nike reportedly cutting ties with 6 more retailers
Sourcing Journal reported on March 26 that "mMonths after cutting ties with nine retail partners, Nike has notified another six retailers — including DSW and Urban Outfitters — that it will no longer sell them product, according to Sam Poser, an equity analyst at Williams Trading. The list also includes Shoe Show, Dunham’s Sports, Olympia Sports and Big 5 Sporting Goods.
Kalinka: Closed borders keep shoppers at home
Maputo, Mozambique – Business is "steady", according to Bhavesh Taylor, owner of the 2 store Kalinka family outfitters.
"We had 3 or 4 months of complete lockdown, but since then it's been okay," he said, "which means we're surviving. It has helped that because the borders are closed, people are doing most of their shopping locally, where previously a lot of shopping would have been done in Nelspruit, in South Africa." Nelspruit is around 200 km from Maputo.
He said most of his merchandise comes from South Africa, and that there were "no problems" with supply.
"Of course, business isn't as good as it used to be, but compared to what we hear from other countries, like South Africa, we're doing quite well."
Competition Tribunal
Tribunal approves Mr Price acquisition of Otto Brothers Distributors with conditions to promote local procurement
Pretoria, Gauteng, SA (March 26, 2021) – The Competition Tribunal has conditionally approved the merger whereby Mr Price Group Limited will acquire the retail apparel business operated by Otto Brothers Distributors (Pty) Ltd and its subsidiaries, trading as Power Fashion.
The Tribunal has concluded that the transaction is unlikely to substantially prevent or lessen competition in any market in South Africa. However, conditions have been imposed on the merger to promote local procurement within the Mr Price Group post-merger. This follows concerns raised by the Minister of the Department of Trade, Industry and Competition in relation to local procurement. As such, the merged entity must ensure that:
* Power Fashion maintains or improves its current level of locally procured goods and services; and
* Power Fashion participates in the DTIC’s Retail, Clothing, Textile, Footwear and Leather (R-CTFL) Masterplan initiative along with the rest of the Mr Price Group. This DTIC initiative seeks to, among others, increase the share of local retail sales of locally manufactured clothing and footwear to 65% by 2030.
They Said It
"New English word: 'Electrogasm.' That excited feeling you get as the electricity comes back on after load shedding..." - Submitted by Bev Jack, retired former Zimbabwean shoemaker.
"He's a different level of bad." - Laurence Lotzoff of Hush Puppies' distributor Dale Footwear, about a (very) bad retail account.
"I'm totally Zoomed out." - SAFLIA executive director Jirka Vymĕtal on the new normal.
Got anything you'd like to share?
Do you have any suggestions, comments or experiences about the lockdown that you'd like to share with the industry? We will publish the throughout the lockdown, so please let us know. - tony@svmag.co.za
29/03/1955: Dennis Manning, emigrated, formerly Trenzado Footwear, Durban, SA.
29/03/1963: Kosi Cooppan, Majenta Shoes, Durban, KZN, SA.
29/03/1974: Julian Zuluaga, left SA, formerly Bata SA, Pinetown, KZN, SA.
30/03/1946: Sarel Broodryk, retired, formerly Exotan, Port Elizabeth, E. Cape, SA.
31/03/1950: Herbert Schier, African Leather, Swakopmund, Namibia.
31/03/1966: Lars Torpus, ?, formerly Nakara, Windhoek, Namibia.
31/03/1975: Imraam Essop, Baby Luv, Springs, Gauteng, SA.
01/04/1960: Steve Hildebrand, (?) formerly agent, Pinetown, KZN, SA.
01/04/1969: Jenny Hopkins, agent, Port Elizabeth, E. Cape, SA.
01/04/1973: Rennie Thambiran, Borage Trading, Pinetown, KZN, SA.
02/04/1969: Chris Govender, Evané, Pietermaritzburg, KZN, SA.
02/04/1970: Gerhard Rossouw, CG Distributors, Paarl, W. Cape, SA.
02/04/1974: Shaheen Hoosen, Kana’s Wholesalers, Pretoria, Gauteng, SA.
03/04/1944: Adrian McElhinney, retired, Cape Town, W. Cape, SA. Formerly Edworks, Millana Shoes, Woolworths and Universal Footwear.
03/04/1959: Grant Harris, emigrated, formerly Shoe Strip Services [closed], Pinetown, KZN, SA.
03/04/1963: Bruce Wilson, Hotter SA, Cape Town, W. Cape, SA.
03/04/1973: Brent Maron, Bolton Footwear, Cape Town, W. Cape, SA.
03/04/1974: Kate Horne, Little Slipper Co., Port Elizabeth, E. Cape, SA.
03/04/1973: Mahomed A Osman, Foam & Upholstery Centre, Pretoria, Gauteng, SA.
04/04/1938: Colin Kemp, Chamberlain Phipps, Pinetown, KZN, SA.
04/04/1962: Tammy Pillay, (?) formerly Edcon, Durban, KZN, SA.
In Memoriam this week
29/03/2008: Jeff Bub (b. 28/09/1942), In Shoes/In Clothing [closed], Cape Town, W. Cape, SA.
31/03/2016: Peter Edmeades (b. 19/07/1950), Rebel Safety Gear, Germiston, Gauteng, SA.
01/04/2001: John Rider, Colin D Bailey/BU Shoe Machinery (closed), Pinetown, KZN, SA.
01/04/2002: Paul Moeller (b. 20/07/1931), PMC Group, Cape Town, W. Cape, SA.
03/04/2020: Malcolm Hill (b. 14/06/1931), formerly Bata SA/Beier Footwear, Pinetown, KZN, SA.
04/04/2005: Graham Michel (b. 09/02/1958), agent, Cape Town, W. Cape, SA.
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.
Exchange rates
1. SA Rand (ZAR)/Lesotho Loti (LSL)/Namibian Dollar (NAD)/Swazi Lilangeni (SZL)
Source: http://www.x-rates.com/calculator/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 2020/12/05 |
R18.42 |
R20.42 |
R15.20 |
R2.32 |
| 2020/12/12 |
R18.34 |
R20.03 |
R15.14 |
R2.31 |
| 2020/12/19 |
R17.81 |
R19.65 |
R14.53 |
R2.22 |
| 2020/12/26 |
R17.80 |
R19.68 |
R14.59 |
R2.23 |
| 2021/01/02 |
R17.95 |
R20.08 |
R14.68 |
R2.24 |
| 2021/01/09 |
R18.69 |
R20.74 |
R15.29 |
R2.36 |
| 2021/01/16 |
R18.39 |
R20.68 |
R15.22 |
R2.34 |
| 2021/01/23 |
R18.42 |
R20.71 |
R15.14 |
R2.33 |
| 2021/01/30 |
R18.40 |
R20.78 |
R15.16 |
R2.35 |
| 2021/02/06 |
R17.88 |
R20.38 |
R14.84 |
R2.29 |
| 2021/02/13 |
R17.63 |
R20.14 |
R14.55 |
R2.25 |
| 2021/02/20 |
R17.79 |
R20.57 |
R14.68 |
R2.26 |
| 2021/02/27 |
R18.25 |
R21.05 |
R15.12 |
R2.33 |
| 2021/03/06 |
R18.30 |
R21.26 |
R15.36 |
R2.36 |
| 2021/03/13 |
R17.87 |
R20.81 |
R14.94 |
R2.29 |
| 2021/03/20 |
R17.52 |
R20.38 |
R14.69 |
R2.25 |
| 2021/03/29 |
R17.67 |
R20.74 |
R15.01 |
R2.28 |
Note: For previous rates, see HERE
2. Botswana Pula (BWP)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 2020/12/05 |
13.36 |
14.81 |
11.02 |
1.68 |
| 2020/12/12 |
13.27 |
14.50 |
10.96 |
1.67 |
| 2020/12/19 |
13.21 |
14.58 |
10.78 |
1.65 |
| 2020/12/26 |
13.19 |
14.58 |
10.81 |
1.65 |
| 2021/01/02 |
13.17 |
14.75 |
10.79 |
1.65 |
| 2021/01/09 |
13.19 |
14.63 |
10.79 |
1.66 |
| 2021/01/16 |
13.29 |
14.93 |
10.99 |
1.69 |
| 2021/01/23 |
13.33 |
14.99 |
10.95 |
1.69 |
| 2021/01/30 |
13.37 |
15.10 |
11.02 |
1.71 |
| 2021/02/06 |
13.23 |
15.08 |
10.98 |
1.69 |
| 2021/02/13 |
13.30 |
15.19 |
10.97 |
1.69 |
| 2021/02/20 |
13.12 |
15.17 |
10.83 |
1.66 |
| 2021/02/27 |
13.17 |
15.19 |
10.91 |
1.68 |
| 2021/03/06 |
13.08 |
15.20 |
10.98 |
1.69 |
| 2021/03/13 |
13.13 |
15.29 |
10.98 |
1.68 |
| 2021/03/20 |
13.16 |
15.30 |
11.03 |
1.69 |
| 2021/03/29 |
13.06 |
15.33 |
11.10 |
1.69 |
3. Malawian Kwacha (MWK)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 2020/12/05 |
926.76 |
1027.46 |
764.52 |
117.04 |
| 2020/12/12 |
925.52 |
1010.82 |
764.06 |
116.73 |
| 2020/12/19 |
939.48 |
1036.81 |
766.84 |
117.34 |
| 2020/12/26 |
938.70 |
1037.73 |
769.62 |
117.63 |
| 2021/01/02 |
941.20 |
1053.64 |
770.57 |
118.00 |
| 2021/01/09 |
944.79 |
1048.60 |
772.99 |
119.37 |
| 2021/01/16 |
934.87 |
1050.81 |
773.46 |
119.35 |
| 2021/01/23 |
940.27 |
1057.01 |
772.53 |
119.19 |
| 2021/01/30 |
934.58 |
1055.41 |
770.00 |
119.79 |
| 2021/02/06 |
935.16 |
1066.25 |
776.26 |
120.04 |
| 2021/02/13 |
941.10 |
1074.93 |
776.44 |
120.22 |
| 2021/02/20 |
943.91 |
1091.50 |
778.83 |
120.07 |
| 2021/02/27 |
943.34 |
1088.25 |
781.40 |
120.60 |
| 2021/03/06 |
930.18 |
1080.40 |
780.90 |
120.19 |
| 2021/03/13 |
932.59 |
1086.14 |
780.18 |
119.87 |
| 2021/03/20 |
936.19 |
1088.76 |
784.84 |
120.62 |
| 2021/03/29 |
924.77 |
1085.10 |
785.88 |
|
4. Zambian Kwacha (ZMW)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
| 2020/12/05 |
25.60 |
28.38 |
21.12 |
3.23 |
| 2020/12/12 |
25.61 |
27.98 |
21.14 |
3.23 |
| 2020/12/19 |
25.94 |
28.63 |
21.18 |
3.24 |
| 2020/12/26 |
25.81 |
28.53 |
21.16 |
3.23 |
| 2021/01/02 |
25.85 |
28.94 |
21.17 |
3.24 |
| 2021/01/09 |
26.02 |
28.87 |
21.28 |
3.28 |
| 2021/01/16 |
25.84 |
29.04 |
21.38 |
3.29 |
| 2021/01/23 |
26.01 |
29.24 |
21.37 |
3.29 |
| 2021/01/30 |
26.07 |
29.44 |
21.48 |
3.34 |
| 2021/02/06 |
25.98 |
29.62 |
21.57 |
3.33 |
| 2021/02/13 |
26.27 |
30.01 |
21.67 |
3.35 |
| 2021/02/20 |
26.28 |
30.39 |
21.68 |
3.34 |
| 2021/02/27 |
26.38 |
30.44 |
21.85 |
3.37 |
| 2021/03/06 |
26.12 |
30.34 |
21.93 |
3.37 |
| 2021/03/13 |
26.22 |
30.54 |
21.93 |
3.37 |
| 2021/03/20 |
26.33 |
30.60 |
22.07 |
3.39 |
| 2021/03/29 |
25.99 |
30.50 |
22.09 |
3.36 |
5. Zimbabwean Dollar (ZWL$)
Source: https://www.xe.com/currencyconverter/
| |
Euro € |
GBP £ |
US $ |
CNY ¥ |
Official US$ |
| 2020/12/05 |
438.69 |
486.36 |
361.90 |
55.40 |
81.87 |
| 2020/12/12 |
438.38 |
478.79 |
361.90 |
55.29 |
81.85 |
| 2020/12/19 |
443.37 |
489.30 |
361.90 |
55.37 |
81.73 |
| 2020/12/26 |
441.40 |
487.97 |
361.90 |
55.31 |
81.78 |
| 2021/01/02 |
442.03 |
494.84 |
361.90 |
55.88 |
81.78 |
| 2021/01/09 |
442.33 |
490.92 |
361.90 |
55.88 |
81.78 |
| 2021/01/16 |
437.42 |
491.67 |
361.90 |
55.84 |
82.09 |
| 2021/01/23 |
440.48 |
495.16 |
361.90 |
55.83 |
82.08 |
| 2021/01/30 |
439.25 |
496.03 |
361.90 |
56.30 |
82.67 |
| 2021/02/06 |
435.97 |
497.09 |
361.90 |
55.96 |
83.37 |
| 2021/02/13 |
438.64 |
501.01 |
361.90 |
56.03 |
83.37 |
| 2021/02/20 |
438.61 |
507.18 |
361.90 |
55.79 |
83.75 |
| 2021/02/27 |
436.90 |
504.01 |
361.90 |
55.85 |
83.88 |
| 2021/03/06 |
431.07 |
500.70 |
361.90 |
55.70 |
83.88 |
| 2021/03/13 |
432.59 |
503.82 |
361.90 |
55.60 |
83.98 |
| 2021/03/20 |
431.67 |
501.77 |
361.90 |
55.62 |
83.98 |
| 2021/03/29 |
425.86 |
499.76 |
361.90 |
55.13 |
84.11 |
ABSA Agri Trends: Hides & skins prices
Johannesburg, Gauteng, SA (March 17, 2021) - The current average hide price increased by 1.8% to R5.79/kg from R5.69/kg a week ago. The current price is 20.6% higher than the average price a month ago and is 341.1% higher than the average price a year ago. Industry players are still reporting relatively low slaughter numbers combined with strong demand. This is providing price support. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies. - Abrie Rautenbach, head Absa agribusiness, Marlene Louw, senior agricultural economist, and Paige Bowen, agricultural economist, Absa group.
| Hide & skin price progression |
| Date |
Hides/Kg |
Dorper/Skin |
Merino Skin |
| 2020/11/06 |
2.36 |
26.00 |
44.00 |
| 2020/11/13 |
2.38 |
23.59 |
40.00 |
| 2020/11/20 |
2.69 |
35.00 |
50.00 |
| 2020/11/27 |
3.08 |
36.00 |
49.00 |
| 2020/12/04 |
3.65 |
34.03 |
49.00 |
| 2020/12/11 |
3.68 |
33.21 |
50.83 |
| 2020/12/18 |
3.93 |
32.59 |
51.67 |
| 2021/12/25 |
4.08 |
34.39 |
51.67 |
| 2021/01/01 |
3.93 |
34.03 |
54.00 |
| 2021/01/08 |
3.88 |
31.43 |
46.43 |
| 2021/01/15 |
4.03 |
31.43 |
46.43 |
| 2021/01/22 |
4.16 |
30.00 |
47.00 |
| 2021/01/29 |
4.04 |
33.05 |
50.83 |
Note: For previous prices, see HERE
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:
Metro Home Centre, Pretoria, Gauteng, SA. Department store.
MFW Trading, Durban, KZN, SA. Corporate clothing and work wear.
Classified Adverts
Contact us
News & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za
Next newsletter: April 5, 2021.
SAFLIA enquiries: Tel 0800SAFLIA * Email info@saflia.co.za * Website http://www.saflia.co.za
Our website www.svmag.co.za
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