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AGOA - PRESS RELEASE PDF Print E-mail
Wednesday, 06 January 2016 14:32

In a statement issued today a spokesperson of the South African chamber of Commerce and Industry (SACCI) said:

Quote:
The South African Chamber of Commerce and Industry is very concerned with the impasse in negotiations between South Africa and the US on the issues surrounding AGOA. The country stands to lose jobs and billions of rands should the US go ahead with the exclusion of South Africa from AGOA benefits.

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SACCI’S COMMENTS ON THE APPOINTMENT OF MINISTER GORDHAN - PRESS RELEASE PDF Print E-mail
Monday, 14 December 2015 14:25

SACCI’S COMMENTS ON THE APPOINTMENT OF MINISTER GORDHAN

The South African Chamber of Commerce and Industry notes the decision of President Zuma to review the recent appointment of Mr David Van Rooyen as Minister of Finance.
SACCI reiterates its position on the need to strengthen macro-economic stability and consistency as conditions necessary for trade and investment.

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COPPER THEFT BAROMETER - PRESS RELEASE PDF Print E-mail
Friday, 11 December 2015 11:00

SACCI COPPER THEFT BAROMETER: OCTOBER 2015

The Copper Theft Barometer level decreased to R12.10 million in October from R12.60 million in September 2015. The October figure is 6.9% lower than a month ago and 43.5% higher than a year ago. While the lower level is a welcome trend in the level of theft, it is possible that it is a result of lower demand in countries such as China where economic growth is slowing and there is a shift from infrastructure development to a consumer and export driven economy. Other factors could include improved diligence on the part of the South African Police, the implementation of legislation aimed at curbing theft, and importantly, the introduction by the South African customs authority of sniffer dogs that have been trained to identify copper and which have been put to work at ports.

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SACCI'S RESPONSE TO THE PRESIDENT DECISION ON THE FINANCE PORTFOLIO - PRESS RELEASE PDF Print E-mail
Thursday, 10 December 2015 12:18


SACCI'S RESPONSE TO THE PRESIDENTS DECISION ON THE FINANCE PORTFOLIO

The South African Chamber of Commerce and Industry (SACCI) notes with concern President Zuma’s removal of Finance Minister, Nene. Mr Nene had begun to find his feet after 18 months in the post and brought with him a number of years’ experience as Deputy Finance Minister.

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TRADE CONDITIONS SURVEY - PRESS RELEASE PDF Print E-mail
Thursday, 10 December 2015 11:30

Trade Conditions Stay Under Pressure


Trade conditions came under further pressure in November 2015 as the seasonally adjusted (sa) composite Trade Activity Index (TAI) measured 42 compared to 47 in October 2015. The November 2014 sa TAI stood at 61 reflecting usual high volumes of business-to-business trade this time of year before closing for the holiday period.

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