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BUSINESS CONFIDENCE INDEX - PRESS RELEASE PDF Print E-mail
Wednesday, 04 November 2015 11:30

Confidence Recovers

SACCI today released the SACCI Business Confidence Index (BCI) for October 2015 at their Offices in Rosebank, Johannesburg.
The adverse set of circumstances prevailing in September turned around in October 2015 and caused the SACCI BCI to regain 6.8 index points in October 2015 to measure 88.4. This is 0.4 points below the BCI of October 2014 and turned the BCI away from a 22 year low of 81.6 in September 2015. Although the October BCI may not represent a turnaround, it provisionally arrested the downward momentum in business confidence.

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ICCSA ELECTS NEW BOARD - PRESS RELEASE PDF Print E-mail
Tuesday, 03 November 2015 16:13

ICCSA ELECTS NEW BOARD

In a statement issued today, Mr Chose Choeu, Past Chairman of the International Chamber of Commerce South Africa, ICCSA, said:

Quote

The International Chamber of Commerce South Africa (ICCSA) is pleased to announce the election of office bearers at its Annual General Meeting held at the Werksmans Attorneys, on Monday 02 November 2015. The ICCSA is an important link between the activities of the International Chamber of Commerce (ICC) and the South African National Committee.

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SACCI LETTER TO PROVINCIAL CHAIRPERSON, SUPRA MAHUMAPELO - PRESS RELEASE PDF Print E-mail
Wednesday, 28 October 2015 16:16

Letter written by SACCI to the ANC Provincial Chairperson, Supra Mahumapelo,

concerning the North West business Forum for your information

Please click here to view the SACCI letter to ANC Chairperson


 
INCREASES IN UNIVERSITY FEES PDF Print E-mail
Friday, 23 October 2015 15:26

In a statement issued today, the President of the South African chamber of Commerce and Industry (SACCI), Mr Vusi Khumalo, said: Quote:

Business is concerned by student protests regarding proposed university fee increases and the call for free tertiary education that take place under constraining demands on the fiscus for free basic education, access to health services, the provision of free basic water and electricity supply, reduction in crime levels and increasing social security needs.

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MEDIUM TERM BUDGET POLICY STATEMENT - PRESS RELEASE PDF Print E-mail
Wednesday, 21 October 2015 16:30

MEDIA STATEMENT: MEDIUM TERM BUDGET POLICY STATEMENT

In a statement issued today the President of the South African chamber of Commerce and Industry (SACCI), Mr Vusi Khumalo said:
Quote:
The medium Term Budget Policy Statement (BTBPS) which Minister Nene delivered in Parliament this afternoon holds promise that South Africa’s finances are in good hands.
SACCI liked the following:

  • The recognition that the energy constraints being experienced and the structural weaknesses add to the negative impact on economic growth that the global slowdown has on the country.
  • The acknowledgement that the country’s education and training capacity needs to be strengthened and levels of investment need to be increased.
  • A focus on the needs of small business specifically regarding taxation and the allocation of R24 billion for enterprise development.
  • The implementation of socio-economic impact assessments in identifying unintended con- sequences in legislation, regulation and policy. This is something that SACCI has long called for.
  • The introduction of a legislative framework to regulate state-owned enterprises to address their governance issues. SACCI trusts that this will reduce the need for the substantial bail outs that some have been receiving over a number of years.
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