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BUSINESS CONFIDENCE INDEX - PRESS RELEASE PDF Print E-mail
Thursday, 06 July 2017 11:30

Business Confidence Persevere

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SACCI’s Business Confidence Index picked up by 1.7 index points to 94.9 in June 2017 from 93.2 in May 2017. Given an unpredictable economic and political situation, business remained resilient and proved perseverant. In June 2017, the BCI was 0.2 index points below last year’s June level of 95.1.

The SACCI’s Business Confidence Index (BCI) at present is informed by deliberations on economic policy that could adversely affect investor and business confidence. This could cause the economy to stutter further while battling recessionary conditions and could have lasting effects on unemployment, income distribution and rising poverty. A realistic approach that enhances the outlook for the private sector and its ability to mobilise capital could turn the economy away from faltering further.

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MINIBUS TAXI PROTEST - PRESS RELEASE PDF Print E-mail
Thursday, 15 June 2017 14:16

MEDIA STATEMENT ON THE MINIBUS TAXI PROTEST


Minibus taxi drivers today staged a protest on all major Gauteng routes from the early hours of the morning. This created unprecedented chaos and disruption to the daily commute of all Gauteng commuters.

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BUSINESS CONFIDENCE INDEX - PRESS RELEASE PDF Print E-mail
Wednesday, 07 June 2017 11:29

Tentative Business Climate

Heightened political tensions, additional economic policy uncertainty and lower credit ratings by rating agencies that converged towards the end of March 2017, continued to effect the business climate negatively in May 2017. The May 2017 SACCI Business Confidence Index (BCI) consequently declined to the lowest level of 93.2 so far in 2017. The BCI declined by 1.7 index point from 94.9 in April 2017. However, the May 2017 BCI is 1.4 index points higher than the exceptional low 91.8 of May 2016.

The SACCI Business Confidence Index (BCI) for May 2017 is reflecting further negative effects of the developments since the end of March 2017 as more sub-indices now capture the negative impacts.

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POSTPONEMENT OF BUSINESS CONFIDENCE INDEX TO 7 JUNE 2017 PDF Print E-mail
Tuesday, 06 June 2017 10:50

SACCI Business Confidence Index Release Date Postponed to 07/06/2017

Please note that the release of the SACCI BCI has been postponed to Wednesday, 07/06/2017 due to unforeseen circumstances.

We apologise for any inconveniences that this postponement may cause.

 
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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