S&V Weekly Newsletter Vol.10 No.43, October 21 2024Please note: Click on any ad to go to the advertiser’s website
The Cross Trainer to be liquidated: ‘Sad but we move on,’ say suppliersJohannesburg, Gauteng, SA - The business rescue practitioners appointed to investigate Frame Leisure Trading (Pty) Ltd – which traded as The Cross Trainer, XKids and Xtrend – last week told creditors there was “no reasonable prospect” for the company being rescued, and said they would apply to the Johannesburg High Court for an order “discontinuing the business rescue proceedings and placing the company into liquidation on an urgent basis”.
Paris Belts management form own companyJohannesburg, Gauteng, SA – The former management staff of Paris Belts have formed a new company, Paris Manufacturing (Pty) Ltd, operating from the same premises and offering the same core brands.
Grit Procurement in business rescuePretoria, Gauteng, SA – Grit Procurement Solutions (Pty) Ltd, which sells several categories of PPE, and school, sport and corporate clothing, went into business rescue on 07 October, according to a circular last week from Daniel Terblanche of Terblanche Restructuring Services.
First Teams chat on all matters relating to footwear overruns time in an absorbing presentationThe first discussion last week in a planned series of online Teams chats hosted by “Kushy” (Richard Kushlick) and “The Shoedog” (Wade Motawi), on "The importance of being able to accurately calculate footwear production costs, and the consequent benefits", “was successful beyond our expectations”, Kushlick said afterwards.
Introduction to PVC courseJohannesburg, Gauteng, SA – The introduction to PVC course presented by the SA Vinyls Association (SAVA) will take place on 24-25 October 2024 in Modderfontein, Gauteng.
They Said It"Of all the words in the English language, to me, the most beautiful word in the dictionary is tariff, and it's my favourite word." - Donald Trump, quoted in various media after a press conference. He said he wanted to impose tariffs of 60% on all goods from China, and 20% on imports from everywhere else.
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 weekTessa Geyser, Marketing, City Logistics, Durban, South Africa
Birthdays this week21/10/1971: Derek Malcolm Creed, agent, Port Elizabeth, E. Cape, SA.
In memoriam this week22/10/2017: Ben Fourie (b. 05/04/1953), J.W. Lister & Son (closed), Polokwane/Pietersburg, Limpopo, 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 ratesNote: For previous rates, see HERE
2. Botswana Pula
3. Malawian Kwacha (MWK) (buying)
4. Zambian Kwacha (ZMW) (buying)
Note: For previous rates, see HERE
ABSA Agri Trends: Hides & skins pricesJohannesburg, Gauteng, SA (17 October 2024) - The current average hide price increased by 0.03% to R2.805/kg from R2.804/kg a week ago. The current price is 0.04% lower than the average price a month ago and is 16.77% lower than the average price a year ago. The range of prices reported was as follows: Minimum price: R2.75 Maximum price: R3.00. 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 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:
THIS WEEK LAST YEAR!Remaining positive for end-of-year upturn
THIS WEEK FIVE YEARS AGO!!Good news last week
CLASSIFIED ADVERTSDilesh Dajee Agencies Well established freelance agent with 34 years’ experience seeking agency.
Contact usNews & Classifieds: Tony Dickson, +27 (0)31 209 7505, tony@svmag.co.za Next newsletter: Monday October 28, 2024. Ad and editorial deadline Friday 25 October. 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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