Recent Communiques

GENERAL NOTICES

13.04.2017 Easter Message from SACCI President

12.04.2017 Programme: South Africa - Estonia Business Forum :18 April 2017

12.042017 Member Communication 18/2017 Special Nedlac Exco, BUSA Meeting with Minister of Finance and Eskom Exco

12.04.2017 SACCI Press Release - Trade Conditions Survey- March 2017

12.04.2017 Ministers Presentation on National Development Plan 2030

11.04.2017 Programme: South Africa - Estonia Business Forum :18 April 2017

11.04.2017 BUSA Bulletin - Edition 3

10.04.2017 Business Matchmaking Symposium Invitation: 8th May 2017

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Transnet 600 Ton Gas storage tank safely crosses TPT's Saldanha Terminals operations, click here for more information

SACCI annouces new Board Members, click here for more information

Transnet - Transnet meets with German Ambassador to strengthen ties, click here for more information

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Transnet Port Terminals awarded bursaries as part of World Maritime Celebrations

Transnet Port Terminals rewarded for high standards of operational safety

 

TRADE CONDITIONS SURVEY - PRESS RELEASE PDF Print E-mail
Thursday, 11 May 2017 11:30

Sales Volumes under Pressure


Since October 2016 trade conditions remained in negative territory with the Trade Activity Index (TAI) below 50. In April 2017 the TAI weakened to 45 from 46 in March 2017 although the seasonal adjusted TAI improved by two index points to 45. Between April 2016 and April 2017 the TAI declined from 47 to 45.

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BUSINESS CONFIDENCE INDEX PRESS RELEASE PDF Print E-mail
Thursday, 04 May 2017 11:30

Elusive Business Climate

The April 2017 SACCI Business Confidence Index (BCI) contains sub-indices that instantly reacted to events at the end of March into April pertaining to political developments, policy uncertainty and lower credit ratings. However, nine of the thirteen sub-indices making up the BCI were still affected by the business climate prior to the referred events.

Positive developments in the economy therefore still informed the business climate in April 2017 and were vibrant enough to carry the positive business climate forward into April 2017. The SACCI BCI consequently improved by 1.1 index points to 94.9 in April 2017 from 93.8 in March 2017. The April 2017 BCI is 0.6 index points lower than in April 2016.

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TRADE CONDITIONS SURVEY - PRESS RELEASE PDF Print E-mail
Wednesday, 12 April 2017 12:00

Trade Expectations Weaken Notably


The seasonal adjusted six-month Trade Expectations Index (TEI) weakened notably and declined from 61 in February to 51 March 2017 – the weakest level since April 2016. The non-seasonal adjusted six-month Trade Expectations Index (TEI) weakened even more markedly and declined from 63 in February to 51 March 2017. The TEI was on a strong path of recovery from May 2016 up to February 2017. However, due to extraneous events, all components of trade expectations were severely and negatively affected in March 2017.
Forty four percent of the responses for the March 2017 Survey were received before the 24th of March 2017 recalling of the former Minister of Finance and subsequent replacement on the 31st of March 2017 in a Cabinet reshuffle. The March 2017 Survey may therefore not reflect the full short-term impact of the political developments of the last few days of March 2017. The subsequent downgrade to junk status by Standard and Poor’s and Fitch will also have longer-term repercussions for trade conditions.

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