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TRADE CONDITIONS SURVEY - PRESS RELEASE PDF Print E-mail
Tuesday, 14 June 2016 11:30


Improved Trade Conditions


After trade conditions plummeted to 39 in January 2016 according to the Trade Activity Index (TAI) of the SACCI survey, it improved and moved into positive territory (above 50) in May 2016. The TAI stood at 52 in May 2015 while the seasonally adjusted TAI measured 50 – improving from 47 in April 2016. The seasonally adjusted TAI was 2 points higher in May 2016 than the 48 of May 2015. Respondents cited the lack of government support, slow economic growth, unaccountability by politicians and officials, disruption by electioneering, and seasonality of business for the muted trade conditions.

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BUSINESS CONFIDENCE INDEX - PRESS RELEASE PDF Print E-mail
Tuesday, 07 June 2016 11:30

Fielding Brittle Conditions    

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

The SACCI Business Confidence Index (BCI) suffered a setback as the gradual recovery to April 2016 from a historic low level of 79.6 in December 2015 was undone in May 2016. The BCI that came in at 79.3 in May 2016 was 7.6 index points below the May 2015 level and declined by 3.2 index points on April 2016. Though the BCI was widening the gap on 80 up to April, the advances were brittle in the wake of a delicate economic situation. 

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TRADE CONDITIONS SURVEY - PRESS RELEASE PDF Print E-mail
Thursday, 12 May 2016 11:30

Higher Price Expectations

SACCI’s Trade Conditions Survey showed that since May 2015 circumstances remained uncertain and were still in negative territory in April 2016. The seasonally adjusted (SA) composite Trade Activity Index (TAI) nonetheless recovered from the low 39 in December 2016 and registered 47 in April 2016 – slightly better than the 45 in March 2016. The TAI SA was 3 points lower in April 2016 than the 50 of April 2015. Respondents alluded to the subdued macro-economic performance, unaccountability, seasonal factors, drought and shrinking margins as prominent issues contributing to tentativeness in the sector.

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BUSINESS CONFIDENCE INDEX - PRESS RELEASE PDF Print E-mail
Friday, 06 May 2016 11:30


Business Confidence Recoups Gradually

The SACCI Business Confidence Index (BCI) continued its gradual recovery in April 2016 as it has been the fourth consecutive month that the SACCI BCI improved on the previous month albeit only marginally. The BCI came in at 82.5 in April 2016 and although still 7.4 index points below the April 2015 level, it improved by 1.3 index points on March 2016.

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SACCI CONGRATULATES MR SIYABONGA GAMA PDF Print E-mail
Thursday, 14 April 2016 15:20

SACCI CONGRATULATES MR SIYABONGA GAMA ON HIS APPOINTMENT AS THE CEO OF TRANSNET


In a statement issued today, the Chief Executive Officer of SACCI, Mr Alan Mokuki said:

Quote:

The South African Chamber of Commerce and Industry (SACCI) wishes to congratulate Mr Siyabonga Gama on his appointment as CEO of Transnet. Mr Gama is qualified and experienced. SACCI welcomes his appointment in Transnet.

SACCI congratulates the Cabinet for making the right call and we, as the chamber, are looking forward to working with Mr Gama in the critical area of moving goods for the advancement of our economy.

SACCI wishes Mr Gama continued success in this position.

Unquote

Contact:
Mr Alan Mukoki – CEO (082 551 1159)

 
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