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Leather Industry on a Global Recession
In the coming months leather industry is very likely to face the impact of global recession, as the recession is likely to be more pronounced in the small industries sector. There has been a decline in leather export orders from the US and UK markets, the primary western markets.
Banking on a Happy New YearAfter all the bleak and depressing headlines this year it was good to hear that not all of us have lost heart in the property market. Despite the continuous bad news headlines churned out by the lenders and the media, it’s heartening to hear that South African women see a light at the end of the tunnel. There has been a lot of talk about the global recession in 2008 and whilst South African consumers anticipate the unexpected in property, it seems we are set to enjoy the impact of the decline in inflation along with a decrease in interest rates earlier than anticipated. The author has been talking to South African women and asking them what they think about the past year and, more importantly what they believe we’ll be facing in 2009. It seems South African women are definitely more positive about 2009 than the men are.