SACCI’s BCI (2015 = 100) shed 0.7 index points in October 2019 to measure 91.7 compared to 92.4 in September 2019. After dipping below the 90-index level in August 2019, the BCI managed to stay above the 90-index level in October. The BCI is 4.1 points below last year’s October level of 95.8. Between September and…
BUSA instituted review proceedings on two occasions in the Labour Court to set aside the regulations but the most recent application pertaining to the re-promulgation of the Regulation 4(4) was dismissed last year. BUSA subsequently launched an appeal against the judgment of the Labour Court. The appeal was heard in the Johannesburg Labour Appeal Court on…
SACCI PRESS RELEASE – BUSINESS CONFIDENCE INDEX (BCI) FOR SEPTEMBER 2019 A Window of Opportunity SACCI’s BCI (2015 = 100) recovered from 89.1 index points in August 2019 to 92.4 in September. The BCI improved by 3.3 index points in September from August, but was still 0.9 points below the BCI level of September 2018. The…
Wednesday, 18 September 2019 Slightly Improved Trade Expectations Trade conditions improved marginally in August 2019 although conditions remained tough. Expectations for the next six months suggest further improvement of present trade conditions. The Trade Activity Index (TAI) increased by 2 index points from 40 to 42 and the Trade Expectations Index (TEI) improved by 4…
Media StatementIssued by the Ministry of Police09 September 2019 POLICE MINISTER GENERAL BHEKI CELE ALLAYS THE CONCERNS OF THE COUNTRY’S BUSINESS COMMUNITY IN THE WAKE OF MASS VIOLENCE AND DESTRUCTION IN GAUTENG Minister of Police General Bheki Cele on Monday 09 September 2019 met with executives of South African multinational companies concerned about the acts…
SACCI Press Release – Trade Conditions Survey – July 2019 Wednesday, 14 August 2019 SACCI Press Release Trade Conditions Strained but Stable Trade conditions for the month of July 2019 remained strained but stable. The Trade Activity Index (TAI) increased by 2 index points to 40, its second highest level since February 2019; the…
This is an interview of our CEO of SACCI , Mr Alan Mukoki, on the Karima Brown’s The Fix Show : ENCA Channel 403 on “How Municipalities are crippling South African businesses”. Giving some home truth and saying what needs to be said for positive action that needs to be taken. Our chamber strongly supports the views…
Nedlac has established a task team within the Trade & Industry Chamber to engage on the draft Companies Amendment Bill. BUSA has assembled a task team to represent BUSA in the task team’s engagements. Attached is a draft BUSA position to inform the deliberations of the task team following mandating from the economic policy standing…
SACCI PRESS RELEASE – BUSINESS CONFIDENCE INDEX (BCI) FOR MAY 2019 Marginally lower Business Confidence SACCI’s Business Confidence Index (BCI) declined to 93.0 in May 2019 from 93.7 in April 2019 and was also one index point lower than the 94.0 level in May 2018. The May 2019 BCI level of 93.0 indicates that the business…
Media Release Thursday 30 May 2019 SACCI Statement – Reaction to the New Cabinet SACCI welcomes the appointment of the new cabinet by President Ramaphosa. We acknowledge the statement made by the President at the event that growing the economy and fixing constraints of the country’s public finances ranked highest and were top of mind in…