Cape's luxury boatbuilder cruising through tough economic times
Cape Town boatbuilder Robertson and Caine is on track to deliver 190 luxury boats to the international boating market this year.
Despite a tough global economic climate, the business builds on average three high-end catamarans per week.
According to Business Insider SA, a brand-new catamaran goes for around R6 million apiece.
Robertson and Caine is South Africa’s biggest boat builder. It's been going for over 25 years and is a 100% locally-owned business.
Next year, it expects to deliver more than 200 boats to boat-lovers abroad.
MD Peter Giliam says the boats are sold to the international market through an exclusive distribution deal with specialist travel company Travelopia.
Some of the international buyers are in countries including the Carribean, the US, Israel and Australia, he says.
It's a great business to be in.Peter Giliam, Managing director - Robertson and Caine
We sell all the boats internationally, from my point of view, it's a great success.Peter Giliam, Managing director - Robertson and Caine
We have an exclusive agreement to sell all of our boats to them [Travelopia].Peter Giliam, Managing director - Robertson and Caine
We have a client base all around the world.Peter Giliam, Managing director - Robertson and Caine
Listen to the discussion on Today with Kieno Kammies:
Image credit: Robertson and Caine website.
Pavlo Phitidis tells more about a strategy that he has been using for years and how to apply this in a business.Read More
Personal financial adviser Warren Ingram says active fund managers in South Africa have had a terrible time.Read More
Association of Meat Importers and Exporters CEO Paul Matthew says there are mechanisms to deal with a possibility of dumpingRead More
DPE acting director-general Kgathatso Tlhakudi says there is hope ahead of talks with Numsa, Sacca and pilots association.Read More
Elon Musk’s revolutionary electric car manufacturer has just overtaken Toyota as the world’s most valuable automaker.Read More
"We’ve hired people we haven’t met in person," says Karl Hammerschmidt. "There are things you can still do to impress."Read More
SIU's Kaizer Kganyago says cases involve price gouging and procurement process irregularities in the health sector.Read More
The tourism ministry has confirmed that leisure travel is not allowed under level 3 lockdown despite earlier claims to the contrary.Read More
A labour lawyer says she has dealt with companies coming to terms with paying for employees home internet data for work purposes.Read More
So, far it’s been a good season for South Africa, says Tonie Fuchs (Managing Director at Capespan Group Limited).Read More