We apparently have millionaire Cornelius Vanderbilt to thank for the “If you have to ask the price, you can’t afford it” line.
It’s one which clearly plays into the hands of restaurant owners, many of whom have their waiters run through the list of daily specials, without revealing the price, and without displaying them on a board or menu insert.
‘Dear Wendy, I always enjoy your page in The Star, but can we move on from the R699ers please? Best, Anne C.”
I understand Anne’s frustration, and told her so, but I pointed out that as the biggest financial fiasco to hit South Africa’s motor industry, the collapse of Satinsky “Drive a new car from R699 per month” saga is a major, still unfolding story.
To Diane Macpherson of La Lucia, KwaZulu-Natal, the 500ml bottle of Johnson’s Baby Lotion on the shelf at her local Dis-Chem looked just like any other she’d bought for her daughter since her birth in 2011.
It was only when she got home that she saw a sticker on the back of the pack which read: “Parallel Import. These goods are genuine, however, they have been imported without the approval of the registered owner of the trademark and no guarantee or warranty, if any, will be honoured or fulfilled by any official or licensed importer.”
The 699-ers will have to wait for an undisclosed period of time to find out if the high court in Port Elizabeth (PE) will certify a class action against the banks that financed the ill-fated Satinsky car deals.
Judgment was reserved on Thursday after advocates representing the three banks – Nedbank’s MFC, Absa and Standard – argued, among other things, that a lack of commonality between the thousands of cases meant the legal requirements for a class action weren’t met.