S&V Weekly Newsletter Vol.7 No.52, December 27 2021Please note: Click on any ad to go to the advertiser’s websiteWe wish all readers a very happy, peaceful and profitable New Year.
December retailing All Star Fashions: Better than expected, and hoping the trend will continueHarry Bawa, director
'I'll have to find new brands'Sport fashion retailer who wanted to remain nameless
Bachelors Classic: Quiet, but a bit betterAsh Parekh, manager
Wage Agreements All parties now coveredPretoria, Gauteng, SA – In the Government Gazette of 10 December, the Minister of Labour extended the collective wage agreements in the 3 sections of the National Bargaining Council of the Leather Industry of SA - Tanning, Footwear, and General Goods & Handbags - to 'non-parties' operating in those sections.
Court Case Revelation: Directors charged for provident money theftGermiston, Gauteng, SA – Directors of the liquidated Revelation Luggage & Leather (Pty) Ltd, Alexandra Astalos and Ramila Narendra Jasmath, have been charged for deducting approximately R154 000 provident fund monies from employees and not paying over the contributions to the Leather Industry Provident Fund, according to a report.
Happy holsDurban, KZN, SA – The National Bargaining Council of the Leather Industry of SA (NBC) closed last Wednesday and will reopen on 12 January. The Southern African Footwear & Leather Industries Association (SAFLIA) both losed last Thursday and will reopen on 10 January.
They Said ItWith the new year almost upon us, I sought some inspiration from the Oxford University Press Dictionary of Quotations: "You can never plan the future by the past." - Edmund Burke (1729-1797) "Some future day when what is now is not, when all old faults and follies are forgot." - Arthur Hugh Clough (1819-1861)
Got anything you'd like to share?Do you have any suggestions, comments or experiences about the industry that you'd like to share with the industry? - tony@svmag.co.za
27/12/1962: Kareem Kader, Options, Gaborone, Botswana.
In Memoriam this week27/12/2020: Yusuf Bham, Megashoes [closed], Durban, KZN, 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 rates1. SA Rand (ZAR)/Lesotho Loti (LSL)/Namibian Dollar (NAD)/Swazi Lilangeni (SZL)
Note: For previous rates, see HERE 2. Botswana Pula (BWP)
3. Malawian Kwacha (MWK)
4. Zambian Kwacha (ZMW)
ABSA Agri Trends: Hides & skins pricesJohannesburg, Gauteng, SA (15 December 2021) - The current average hide price increased by 3.4% to R5.50/kg from R5.30kg a week ago. The current price is 18% higher than the average price a month ago and is 40% higher than the average price a year ago. The range of prices reported was as follows: Minimum price: R4.94 Maximum price: R5.80. Please note, we have changed our methodology and price levels are not directly comparable to previous prices that we reported on. Our methodology weighs the prices we collect according to the number of hides they sell in a month. This is done to make it more representative of the prevailing market price. NB* Hide prices are determined by the average of the RMAA (Red Meat Abattoir Association) and independent companies. - Marlene Louw, senior agricultural economist, and Nkhensani Mashimbyi, agricultural economist, Absa group.
Have a look at these linksWe 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:
Contact usNews & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za Next newsletter: January 3, 2022. 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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