The South African Chemical Industry is strategic to the country’s economy owing to its huge contribution to the GDP and job creation capacity. However, the industry is currently under pressure from cheap imports. Innovation can help improve the industry through the provision of better and cheaper goods and services; and expand economic opportunities through the…
SACCI Media Release Thursday 27 February 2020 SACCI Media Statement on the Budget Speech The South African Chamber of Commerce and Industry (SACCI), notes the budget speech presented by Minister Mboweni. Whilst we acknowledge the tough economic times faced by South Africa, we think this speech missed a critically important opportunity to re-imagine the future…
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The South African Chamber of Commerce and Industry notes and welcomes the President’s remarks in his 2020 State of the Nation address. We look forward to working with the President and his team in many of the major initiatives announced in his speech. SA’s major challenges in the area of affordable and consistent energy availability…
The most common criterion used when deciding who to retrench is last-in-first-out. Employers are allowed by law to use the retention of necessary skills as a criterion. However, proving that the application of this criterion was fair is very complex. This has caused many an employer to lose in court. For example, in the case…
2020 State of the Nation Address by President Cyril Ramaphosa If you don’t see the document below, please reload the page [F5]
Tight Trade Conditions Stabilise Trade conditions remained tight in January 2020 with 57% of the respondents experiencing negative conditions while 54% of the respondents expect conditions to remain depressed in the next six months. The seasonally adjusted Trade Activity Index (TAI) recorded 43 – down one index point, while the Trade Expectations Index (TEI) remained…
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The IIE’s Varsity College Part-time/Corporate has a select few workshops available for corporates and individuals alike within the next few months that would upskill your staff to a new level of productivity. Creativity in Business improves the process of solving problems. It doesn’t matter if we’re talking about developing a new product, a strategy or an…
Absenteeism is a most problematic form of misconduct because it reduces productivity. Most employers, therefore, require employees who are absent from work due to alleged illness or injury to provide proof, in the form of a medical certificate, that they were genuinely ill and not abusing sick leave for purposes unrelated to illness. It is…
At the RCCI Networking meeting on Thursday 6th February 2020, Manjush Mathews, a director of Quick Buy Investments (Pty) Ltd, gave a presentation where he explained the company’s business model. The slides from the presentation are embedded below. The company is offering an attractive investment deal to RCCI/FCCI/LCCI members, which is valid until the end…
It is a common erroneous belief amongst employers that they protect themselves by employing staff without a letter or contract. In fact, the converse is true. The law does not make signed employment contracts compulsory but the Basic Conditions of Employment Act (BCEA) does require employers to inform employees in writing of their particulars of…
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