The ad hoc Committee on the Amendment of Section 25 of the Constitution of the Republic of South Africa, 1996, has published the attached Draft Constitution Eighteenth Amendment Bill for public comment. The purpose of the Draft Bill is to “amend the Constitution of the Republic of South Africa, 1996, so as to provide that where land and…
The“2020 Creative Expo Taiwan” will be held at Songshan Cultural & Creative Park and Taipei Expo Park- Expo Dome in Taipei City from April 22 to April 26, 2020. We cordially invite you to join us at the event and witness the latest Taiwanese cultural creative industries transformation trends and their creative merchandise, including stationery…
We wish you a very successful 2020 and should we be able to assist you with any training queries, please call us. With the costs of almost everything increasing, we have been forced to increase the costs of our Certificate Of Origin electronic and manual docs stamping and seals. We have really tried not to…
Trade Conditions Remain Tight Trade conditions remained in negative territory in December 2019, but the seasonally adjusted Trade Activity Index (TAI) improved marginally to 44 – up by one index point and still below the 50-index level of unchanged conditions. Expectations for the next six months look better than the December trade conditions with the…
POWER ALERT 1 Date: 16 January 2020 A positive outlook for the system today Thursday, 16 January 2020: The system is looking better today as units that were on unplanned outages due to coal handling problems caused by flooding started pumping power into the grid although not yet at full capacity. While the overall system…
SACCI PRESS RELEASE – BUSINESS CONFIDENCE INDEX (BCI) FOR DECEMBER 2019 Lack Luster Business Confidence in December Although the BCI remained virtually unchanged at 93.1 in December 2019 if compared to 92.7 in November 2019, the BCI was 2.1 index points below the level of 95.2 in December 2018. The BCI declined from an average…
Cape Town – The public has until January 20 to comment on Eskom’s application to the National Energy Regulator of SA (Nersa) for a tariff increase to recover R27billion in losses from load shedding. This tariff increase will probably see electricity costs increase by up to 17%. Nersa said it would assess Eskom’s application following…
Stage 2 rotational load shedding will be implemented from 09:00 until 23:00 tonight. Eskom will continue to provide regular updates about the state of the power system through various media platforms.
Trade Expectations Weaken Trade conditions remained subdued in November 2019 and in negative territory. The seasonally adjusted Trade Activity Index (TAI), as a measure of recent trade conditions, improved slightly by one point to 43 in November 2019. Over the next six months trade is expected to decline with the seasonally adjusted Trade Expectations Index…
Yesterday, along with many people, my blood boiled at the stage 6 outage and the drastic effects on our economy. I promised action on my Facebook and didn’t need to say much to encourage the press release of a media statement by our CEO of the South African Chamber of Commerce (SACCI). They were already…
Business owners have more than enough challenges when it comes to ensuring the long-term sustainability of their business but now, there is the reality of load shedding to which there seems to be no end in sight as the embattled energy provider spirals out of control with debt rising on an annual basis. What can…
Employers too often try to remove their older employees from employment in order to ‘make way for new blood’ or because such employees sometimes move more slowly or ‘do not fit in’. However, such employees are protected by the Employment Equity Act (EEA) which prohibits unfair discrimination against an employee on the grounds of age….
Business Confidence Remains Rigid The SACCI BCI (2015 = 100) remained sensitive to the instability in the business climate, both domestically and internationally. After declining by 0.7 index points in October 2019, the BCI appears to crept upward in November 2019. The index improved by 1.0 index points on October to reach 92.7 in November 2019. The…
Cath Jenkin • Dec 2, 2019 Brought to you by PropertyCoZa Randburg Private Property reflects on what happened during 2019 in the South African property market, and how that’ll lead to 2020 property trends. The 2019 property landscape Before we begin analysing what to expect in 2020 property trends, it’s prudent to reflect upon the South African…
Motorists are conditioned to think that their batteries suffer damage only during winter (colder) months! It has, however, been proved that summer temperatures are equally, if not more, detrimental to the life of your battery. It must be noted that the ambient (outside) temperature coupled with the intense engine heat in summer creates an abnormal…
The Bureau of Economic Research and RMB’s Business Confidence Index comes out on 27th November and according to many commentators, it is expected to tell of more bad news. Alan Mukoki, CEO of the South African Chamber of Commerce and Industry joins CNBC Africa for more.
MEDIA STATEMENT BY THE MINISTER SMALL BUSINESS DEVELOPMENT, KHUMBUDZO NTSHAVHENI (MP), ON MEASURES/ INSTRUMENTS TO IMPROVE ACCESS TO FINANCE FOR SMMEs 14 NOVEMBER 2019 Centre for Entrepreneurship and Rapid Incubation, EKURHULENI TVET COLLEGE We are at this Centre for Entrepreneurship and Rapid Incubation of the Ekurhuleni TVET college, Katlehong campus because we committed that SMMEs…
All grievances should be treated with great care in order to establish their validity and to ensure that they are given appropriate attention. Some employers are too soft and trusting when receiving grievances and give in even before establishing whether the grievance has merit. However, more often employers go to the opposite extreme and brush…
Thursday 21 November 2019 The South African Chamber of Commerce and Industry (SACCI), welcomes the appointment of Mr. Andre de Ruyter as part of the Eskom board’s attempt to stabilize the executive team at Eskom. The power utility poses the biggest risk to SA’s economy and every effort should be made to fix the problems…
Where employees disrupt the workplace the operations of the business can be seriously affected. Employees who behave in a disruptive manner might do so for a variety of reasons including: Abuse of alcohol or other substances Incompetence – that is, while the employee is not intentionally disruptive, his/her inability to perform properly disrupts the flow…
SACCI Press Release Thursday, 14 November 2019 Less Optimal Trade Conditions Continue Trade conditions remained stable in October 2019 but still subdued, i.e. an index level below 50. The seasonally adjusted Trade Activity Index (TAI) that reflects present conditions, improved to 42 in October – up from 40 in September 2019. Trade conditions are also…
Dear RCCI, FCCI and LCCI Members, The 2020 Taiwan International Fastener Show will be held from 21 to 23 April 2020 in Kaohsiung Exhibition Center in Taiwan (https://10times.com/taiwan-fastener-show). They have extended a cordial invitation to you to visit the event. Subsidies of one round-trip economy-class flight ticket or designated hotel accommodation – at most 4…
The Labour Relations Act (LRA) provides that dismissal must be the last resort where the employer needs to remedy an employment-related issue. This principle applies whether the problem relates to poor work performance, misconduct, job redundancy or incapacity due to illness or injury. Historically, judges and arbitrators usually gave careful consideration to the prevailing circumstances…