Publisher of leading trade magazines for the Footwear, Leather-goods, Leather & PPE industries
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S&V Weekly Newsletter Vol.10 No.20, May 13 2024

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Please note: Click on any ad to go to the advertiser’s website

 

ILO, DTIC and CIPC to study illegal imports, make recommendations to stop them

Pretoria, Gauteng, SA – The International Labour Organization (ILO) has partnered with the Department of Trade, Industry & Competition (DTIC) and the Companies & Intellectual Property Commission (CIPC) to research illicit and illegal trade in counterfeit footwear and leather goods with a view to reducing them and bring relief to the sector in South Africa, Nii Moi Thompson, chief technical advisor of the ILO’s Productivity Ecosystems Project South Africa said in Durban last week during the ARSUTORIA Leather & Footwear workshop, which the ILO sponsored.
      “The aim of the study is to help strengthen the local leather, footwear and leather goods value chain,” he said. “We got involved following a request from the DTIC as part of our collaboration in the project.
      “The findings from the study will inform further interventions by the government, in collaboration with the ILO, to create a level playing field for South African manufacturers while plugging tax loopholes from illicit trade.”
      He said the study is being spearheaded by Dr Jaywant Irkhede, director, leather & footwear, at the DTIC.

 

 

Wage negotiations: General Goods & Handbags – NULAW settles

Cape Town, W. Cape, SA – Trade union NULAW accepted the employer's offer of a 7% increase on wages and an increase on the holiday bonus from 6 days’ pay to 7 days’ pay, Gerald Naidoo, general secretary of the National Bargaining Council of the Leather Industry of SA, said on Friday. Rival union SACTWU “will consult with their members and revert by Tuesday, 14 May, to indicate if the offer is accepted or not”, he said.

 

R-CTFL criticism: Patel calls for manufacturer-chain meetings

Cape Town, W. Cape, SA – In response to criticism that the R-CTFL Masterplan has not delivered benefits for footwear manufacturing, Minister of Trade, Industry and Competition Ebrahim Patel, who attended the virtual PMO core meeting last week, asked the footwear representatives, representing SAFLIA and SAFLEC, to compile a full list of footwear manufacturers in time for a meeting this week, with a view to setting up meetings with chain retailers.

 

 

They Said It

"Other people play golf – I go on a racetrack." - Kevin Thompson, Leatherite International, Pretoria, Gauteng, SA. His WhatsApp avatar photo is of a motorbike and helmet in a dry bushveld riverbed.

 

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

 

New subscribers last week

Saleem Paruk, Director, Lorenzini Clothing, Durban, KZN, South Africa
Shatho, General Manager, TBCS, Cape Town, South Africa
Pako Magagane, Designer, Legae Creative Studio, Vanderbijlpark, Gauteng, South Africa
Clarissa Tse, South Africa
Gary, Director, Kaliber, Wynberg, Cape Town, South Africa

 

Birthdays this week

13/05/1934: Dennis Linde, retired to the W. Cape, formerly SAFLIA, Pinetown, KZN, SA.
13/05/1980: Hayley Mitchell, Silkworm, Johannesburg, Gauteng, SA.
13/05/19??: Carol Roberts, Trailmix Trading, Durban, KZN, SA.
14/05/1950: Phillip Fox, Jumbo Footwear, East London, E. Cape, SA.
14/05/1952: Eric Majoor, retired, formerly agent and retailer, Durban, KZN, SA.
14/05/1952: Devan Sukool, Devan's Footwear Agency, Durban, KZN, SA.
15/05/1941: Pieter van Niekerk, retired, formerly Midland Leather KZN (Gringo), Port Shepstone, KZN, SA.
15/05/1963: Michelle Wilson, Prime Sole, Harare, Zimbabwe.
15/05/1974: Brett Isaacs, BMI Agencies, Johannesburg, Gauteng, SA.
16/05/1942: Abie Kleinbooi ?.
16/05/1962: Rashid Minty, A.A. Minty, Klerksdorp, N.W. Province, SA.
16/05/1973: Nerisha Jairaj, SAFLEC, Durban, KZN, SA.
17/05/1957: Marie-Ann Neal, commission agent, Cape Town, W. Cape, SA.
18/05/1944: Glen Puttergill, retired, formerly Glen's Shoes [closed], East London, E. Cape, SA.
18/05/1955: George Newton, Footwear Industry Training (Pty) Ltd, Cape Town, W. Cape, SA.
18/05/1969: Andrew Lofthouse, emigrated, formerly Leather Systems, Port Elizabeth, E. Cape, SA.
18/05/1974: Rudolph de L Volschenk, Leo D’ Mar, George, W. Cape, SA.
19/05/1970: Chalkie Harrower, C&B Harrower Agencies, Johannesburg, Gauteng, SA.

 

In memoriam this week

14/05/2010: Peter Edginton (b. 19/11/1949), Front Edge Technologies, Johannesburg, Gauteng, SA.
15/05/2010: Louis Conradie (b. 26/06/1935), Conloo Joinery, Welkom, Free State, SA.
17/05/2002: Johan Wilken (b. 1/11/1925), Klein Karoo International, Oudtshoorn, W. Cape, SA.
17/05/2021: Pierre van Niekerk (b. 19/05/1965), Gringo Leather, Port Shepstone, KZN, SA.
19/05/2009: Robbie Trench (b. 28/03/1945), Panama Shoes, RPM Footwear (both closed), Durban, KZN, SA.
19/05/2022: Tony O'Hagan (b. 13/05/1941), formerly MD, Adidas SA, 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.

 

Directory entries updated this week

Environmental Safety Systems cc, Cape Town, W. Cape, SA.
Invuyani Safety (Pty) Ltd, Cape Town, W. Cape, SA.
Oasis Tanning Co. (Pty) Ltd, Randfontein, Gauteng, SA.

 

 

 

 

Exchange rates

Note: For previous rates, see HERE

1. SA Rand (ZAR)/Lesotho Loti (LSL)/Namibian Dollar (NAD)/Swazi Lilangeni (SZL)

Source: http://www.x-rates.com/calculator/

 
  Euro € GBP £ US $ CNY ¥
02/01/2024 R20.30 R23.42 R18.54 R2.60
06/01/2024 R20.45 R23.77 R18.68 R2.61
13/01/2024 R20.44 R23.79 R18.65 R2.62
20/01/2024 R20.71 R24.14 R19.01 R2.67
27/01/2024 R20.39 R23.85 R18.78 R2.64
05/02/2024 R20.41 R23.89 R18.98 R2.64
10/02/2024 R20.52 R24.03 R19.03 R2.64
17/02/2024 R20.35 R23.80 R18.89 R2.62
24/02/2024 R20.91 R24.40 R19.30 R2.68
02/03/2024 R20.71 R24.17 R19.11 R2.65
09/03/2024 R20.48 R24.07 R18.72 R2.60
16/03/2024 R20.43 R23.89 R18.75 R2.60
23/03/2024 R20.59 R23.93 R18.99 R2.62
01/04/2024 R20.37 R23.83 R18.96 R2.62
06/04/2024 R20.24 R23.60 R18.67 R2.58
13/04/2024 R20.08 R23.48 R18.85 R2.60
20/04/2024 R20.35 R23.67 R19.12 R2.64
27/04/2024 R20.13 R23.51 R18.82 R2.59
04/05/2024 R19.92 R23.21 R18.50 R2.55
11/05/2024 R19.88 R23.10 R18.45 R2.55
 


2. Botswana Pula

Source: https://www.xe.com/currencyconverter/

 
  Euro € GBP £ US $ CNY ¥
02/01/2024 14.66 16.91 13.39 1.88
06/01/2024 14.78 17.19 13.51 1.89
13/01/2024 18.81 17.24 13.52 1.89
20/01/2024 14.86 17.33 13.64 1.91
27/01/2024 14.77 17.28 13.61 1.91
05/02/2024 14.73 17.24 13.70 1.90
10/02/2024 14.77 17.29 13.70 1.90
17/02/2024 14.77 17.28 13.71 1.90
24/02/2024 14.92 17.41 13.77 1.91
02/03/2024 14.90 17.39 13.74 1.91
09/03/2024 15.01 17.64 13.72 1.90
16/03/2024 14.80 17.30 13.58 1.88
23/03/2024 14.79 17.19 13.64 1.88
01/04/2024 14.77 17.28 13.75 1.90
06/04/2024 14.86 17.34 13.71 1.89
13/04/2024 14.55 17.01 13.66 1.88
20/04/2024 14.67 17.07 13.78 1.90
27/04/2024 14.75 17.23 13.79 1.90
04/05/2024 14.84 17.30 13.79 1.90
11/05/2024 14.67 17.05 13.62 1.88


3. Malawian Kwacha (MWK) (buying)

Source: https://www.rbm.mw/

 
  Euro € GBP £ US $ ZAR
10/02/2024 1849.26 2165.66 1666.73 90.57
17/02/2024 1847.37 2160.68 1666.73 90.73
24/02/2024 1858.36 2173.21 1666.73 91.40
02/03/2024 1855.79 2167.03 1666.73 91.32
09/03/2024 1878.96 2198.79 1666.73 91.92
16/03/2024 NA NA NA NA
23/03/2024 1916.05 2234.16 1716.73 93.54
01/04/2024 1913.05 2232.75 1716.73 93.36
06/04/2024 1914.11 2232.22 1716.73 94.51
13/04/2024 1889.00 2213.30 1716.73 94.21
20/04/2024 1880.34 2194.91 1716.73 92.06
27/04/2024 1896.43 2211.17 1716.73 93.03
04/05/2024 NA NA NA NA
11/05/2024 1906.15 2217.01 1716.73 95.80


4. Zambian Kwacha (ZMW) (buying)

Source: https://www.boz.zm/

 
  Euro € GBP £ US $ ZAR
10/02/2024 29.04 33.99 26.96 1.41
17/02/2024 27.36 31.96 25.40 1.34
24/02/2024 24.91 29.19 22.99 1.19
02/03/2024 25.48 29.77 23.56 1.22
09/03/2024 26.25 30.78 24.14 1.28
16/03/2024 27.33 32.00 25.09 1.34
23/03/2024 28.52 33.25 26.36 1.38
01/04/2024 26.90 31.45 24.88 1.31
06/04/2024 26.66 31.06 24.69 1.32
13/04/2024 26.52 31.05 24.94 1.32
20/04/2024 27.31 31.88 25.61 1.33
27/04/2024 28.38 33.12 26.49 1.40
04/05/2024 29.12 33.99 26.98 1.46
11/05/2024 29.44 34.22 27.34 1.48



5. Zimbabwe Dollar (ZWL$) (average) / Zimbabwe Gold (ZiG)

Source: Source: https://www.rbz.co.zw/

 
  Euro € GBP £ US$ ZAR
10/02/2024 12335.25 14448.09 11450.66 40.42
17/02/2024 13556.38 15850.40 12597.58  
24/02/2024 14868.38 17396.60 13736.36  
02/03/2024 16324.79 19062.07 15098.03  
09/03/2024 17235.24 20160.26 15742.82  
16/03/2024 19794.68 23183.11 18201.92  
23/03/2024 NA NA NA NA
01/04/2024 23536.57 26305.85 20824.77  
06/04/2024 31099.56 36262.23 28729.38  
13/04/2024 ZIG 14.01 ZIG 16.40.23 ZIG 13.08 ZIG 1.36
20/04/2024 ZIG 14.15 ZIG 16.53 ZIG 13.31 ZIG 1.44
27/04/2024 ZIG 14.39 ZIG 16.78 ZIG 13.42 ZIG 1.41
04/05/2024 ZIG 14.55 ZIG 17.01 ZIG 13.55 ZIG 1.36
11/05/2024 ZIG 14.56 ZIG 16.92 ZIG 13.51 ZIG 1.36
 

Note: For previous rates, see HERE

 

 

 

ABSA Agri Trends: Hides & skins prices

Johannesburg, Gauteng, SA (09 May 2024) - The average hide price decreased by 13.84% to R2.78/kg from R3.22/kg a week ago. The current price is 18.6% lower than the average price a month ago and 23.1% lower than the average price a year ago. The range of prices reported was as follows: Minimum price: R2.75 Maximum price: R3.12. Price movements will be highly influenced by developments in the status of our animal diseases. Please note: 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, and Zama Sangweni, agricultural economist, Absa group.

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:

Sukuma-Afrika, Cape Town, W. Cape, SA. Handbag and luggage manufacturer.
Sulimna Jooma & Son cc, Pretoria, Gauteng, SA. School uniforms and workwear.

 

THIS WEEK LAST YEAR!

In wage negotiations NULAW accepted General Goods and Tanning offers, SACTWU had not responded.

Jerry Robins of Elegant Man with stores in Matatiele, Mt Ayliff and Mthatha noted problems facing trading.

Stock Exchange News Service reported TFG: 14% growth in 4th quarter.

READ IT HERE - S&V WEEKLY NEWSLETTER VOL.9 NO.20, MAY 15 2023

 

THIS WEEK FIVE YEARS AGO!!

Comment from 5 retailers on Saturday reported slow trade during the previous week.

The Competition Tribunal accepted Competition Commission's recommendation and approved Edgars transaction, with conditions.

An Australian company was fined for using Ugg brand.

A readers request for suppliers of shoe horns was answered.

In Cape Town Men's outfitter Jake's Clothing closed its Howard Centre outlet and in Durban Men's outfitter Playboy informed S&V it would be closing.

READ IT HERE - S&V WEEKLY NEWSLETTER VOL.5 NO.18, MAY 13, 2019

 

NEWSLETTER ARCHIVE

All the past S&V Weekly Newsletters from January 2016 onwards are available in the newsletter archive.
VIEW THE ARCHIVE - CLICK HERE

 

Contact us

News & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za

Next newsletter: May 20, 2024. Ad and editorial deadline Friday 17 May.

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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