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…
Media Release Thursday 30 May 2019 SACCI statement on the BUSA petition to the National Assembly for the removal of Adv Mkhwebane as the Public Protector. We have read with concern, BUSA’s statement to petition the National Assembly for the removal of Advocate Busisiwe Mkhwebane from the position of Public Protector. This action by BUSA has…
For your information, please find attached a presentation delivered by BUSA to the Nedlac Public Finance & Monetary Policy Chamber (PFMPC) meeting yesterday, which outlines BUSA’s position on the key public finance risks and outlines proposed themes for engagement between social partners at Nedlac. Engagements on fiscal policy are ongoing in the context of the…
Media Release Tuesday 14 May 2019 SACCI Post Election Press Statement In a statement issued by the South African Chamber of Commerce and Industry (SACCI), the CEO of SACCI Mr Alan Mukoki said: QUOTE: The national elections of 8 May 2019 have come and gone, and South Africans from all walks of life have exercised…
Improved but still negative trade conditions Current trade conditions, as reflected by the Trade Activity Index (TAI), recovered to a seasonally adjusted 37 in March 2019 from 30 in January 2019, and 34 in February 2019, although still in negative territory, and much lower than the March 2018 level. According to the survey, the tough…
Trade conditions remain weak SACCI’s February 2019 trade conditions survey reflected an improvement on January 2019 trading conditions although conditions remained weak. The Trade Activity Index (TAI) for February 2019 measured 35 compared to 30 in January 2019. The seasonally adjusted Trade Activity Index (TAI) improved to 34 – gaining 4 index points, therefore 66%…
Wednesday, 6 March 2019 Cautionary Business Mode SACCI released the Business Confidence Index (BCI) for February 2019 at its offices in Illovo, Johannesburg. SACCI’s Business Confidence Index (BCI) declined in February 2019 to 93.4. This is 1.7 index points lower than in January 2019 and 5.5 points below the February 2018 BCI level of 98.9. The level of…