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BUSINESS CONFIDENCE INDEX PRESS RELEASE PDF Print E-mail
Wednesday, 07 December 2016 11:27

Delicate Business Climate

The SACCI Business Confidence Index (BCI) improved by another 0.9 index point from October 2016 to 93.9 in November 2016. The BCI increased by 3.6 index points from the exceptionally low level of 90.3 registered in September 2016. During 2016 the BCI recovered relatively well up to July 2016 when the BCI reached 96.0 but then contracted to the 90.3 in September 2016.

The recovery of the BCI in October and November 2016 was achieved in a depressed domestic and global economy and further harmful local socio-political diversions that unfavourably influenced the business climate. Notwithstanding the volatility in the business climate, the present turnaround in the BCI could gather more momentum.

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TRADE CONDITIONS SURVEY - PRESS RELEASE PDF Print E-mail
Wednesday, 16 November 2016 11:30

Restrained Trade Conditions

The October 2016 SACCI trade survey indicates constricted trade conditions as the Trade Activity Index (TAI) remained on 51 while the seasonally adjusted TAI measured 48 – down into negative territory from 52 in September. However, the seasonally adjusted TAI was 2 points higher than in October 2015.

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BUSINESS CONFIDENCE INDEX PRESS RELEASE PDF Print E-mail
Wednesday, 09 November 2016 11:30

Remains Resilient

SACCI today released the SACCI Business Confidence Index (BCI) for October 2016 at its Offices in Rosebank, Johannesburg.

The Business Confidence Index (BCI) of SACCI increased by 2.7 index points in October 2016 to register 93.0 compared to 90.3 in September 2016. Since December 2015, the BCI moved sideways and became more unpredictable which had a notable negative effect on the business climate since the end of 2015. The consequence was that the BCI averaged 93.3 since December 2015 to October 2016 compared to 101.3 over the eleven months to October 2015 – down by 8.0 index points.

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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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