Press Office
SOUTH AFRICA MOURNS THE PASSING OF AHMED KATHRADA - PRESS RELEASE PDF Print E-mail
Tuesday, 28 March 2017 16:21

SOUTH AFRICA MOURNS THE PASSING OF AHMED KATHRADA


The South African Chamber of Commerce and Industry (SACCI) has learned of the news of the death of freedom stalwart Mr Ahmed Kathrada and would like to extend its heartfelt condolences to the family and friends of Mr. Kathrada.

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SACCI REACTION TO THE 2017 BUDGET - PRESS RELEASE PDF Print E-mail
Wednesday, 22 February 2017 18:05

SACCI REACTION TO THE 2017 BUDGET


The Minister of Finance, the Honourable Mr Pravin Gordhan, delivered the Budget Speech on the 22nd of February 2017. The South African Chamber of Commerce and Industry (SACCI) welcomes that which under present difficult economic conditions is a measured and relatively balanced budget.

Whilst acknowledging the increased support to SMMEs and the continued increased budget allocations to the industrial and telecommunications infrastructure, we however wish to register our disappointment with the increase in general fuel (30c per litre) and the fuel levy (9c per litre). We believe this significant increase in the fuel costs will lead to inflationary pressure all-round as the increase in the fuel cost will have a negative impact in the entire ecosystem of cost of living.

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SACCI EXPECTATIONS OF THE BUDGET SPEECH 2017 - PRESS RELEASE PDF Print E-mail
Tuesday, 21 February 2017 13:59

SACCI EXPECTATIONS OF THE BUDGET 2017

The Minister of Finance, the Honourable Mr Pravin Gordhan, will be delivering the Budget Speech on the 22nd of February 2017. The 2017 Budget Speech is being delivered at a time South Africa is experiencing subdued economic growth, with the outlook for 2017 revised by the Reserve bank to 1.1% from a previous outlook of 1.2%.

The 2017 Budget Speech also comes at a time when the ruling party is approaching its national elective conference. The President has in recent times spoken about “radical economic transformation” and SACCI would like to see how “radical economic transformation” will be interpreted in the 2017 budget speech.

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NPA - PRESS RELEASE PDF Print E-mail
Monday, 31 October 2016 16:35

NPA Press Release

The South African Chamber of Commerce and Industry (SACCI) welcomes the decision by the National Director of Public Prosecution (NDPP), Adv. Shaun Abrahams, to review the National Prosecution Authorities’ (NPA) decision to charge Mr. Pravin Gordhan and his former executives at the South African Revenue Services (SARS). This matter has occupied the psyche of the public and international markets, and has caused unnecessary uncertainty and disruption.

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SACCI RESPONSE TO MTBPS - PRESS RELEASE PDF Print E-mail
Wednesday, 26 October 2016 17:23


The South African Chamber of Commerce and Industry (SACCI) response to the MTBPS

The South African Chamber of Commerce and industry (SACCI) welcomes the announcement of the Medium-Term Budget Policy Statement (MTBPS) delivered by the Honourable Minister of Finance Mr. Pravin Gordhan, MP. We note with concern the revised growth target of 0.5% for the fiscal year of 2016. The 0.7% growth predicted for the 2017 fiscal year is encouraging, albeit still significantly low given the economic, political and social challenges that we face.

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