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SACCI CONGRATULATES MR BRIAN MOLEFE ON HIS AP - PRESS RELEASE PDF Print E-mail
Tuesday, 29 September 2015 11:31

SACCI CONGRATULATES MR BRIAN MOLEFE ON HIS AP

In a statement issued today, the President of SACCI, Mr Vusi Khumalo said:

Quote:
The South African Chamber of Commerce and Industry (SACCI) congratulates Mr Brian Molefe on his appointment at CEO of Eskom.
In the short period that Mr Molefe has been Acting CEO he has made strides in stabilising the South African power grid, and has facilitated the improvement in maintenance of the system. However the situation remains under considerable strain and a great deal still has to done to ensure future sustainability and quality of supply so badly needed for South African economic growth which will result in job creation, poverty alleviation and reduction of inequality.

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SACCI MAPS OUT PRIORITIES FOR 2016 - PRESS RELEASE PDF Print E-mail
Monday, 28 September 2015 16:18

SACCI MAPS OUT PRIORITIES FOR 2016

In a statement issued today, the President of the South African chamber of Commerce and Industry (SACCI), Mr Vusi Khumalo, said
Quote:
At its Annual Convention that took place last week the members of SACCI adopted four motions that the organisation will take forward during the course of 2016. SACCI will call on Government to attend to the requirements of the business community which have been carefully considered and advanced in the form of Convention Motions as means of accelerating economic and business growth and improving the climate for investment. Comprehensive background documents were tabled in support of the submissions.

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

Adverse Trade Environment


Trade conditions have been in negative territory since May 2015 and at 47 in August 2015, the seasonally adjusted composite Trade Activity Index (TAI) remained below the critical 50 mark. The non-seasonally adjusted TAI slightly improved to 46 from 45 in July 2015 and was three index points above the bleak TAI of 43 in August 2014. There has been no easing in the tight conditions as credit extension to households decreased by 2% in real terms, reflecting highly indebted households’ inability to obtain credit. The unfavourable global economic developments also inhibited the trade climate.

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BUSINESS CONFIDENCE INDEX - PRESS RELEASE PDF Print E-mail
Thursday, 03 September 2015 11:34

Uncertain Business Climate

SACCI today released the SACCI Business Confidence Index (BCI) for August 2015 at their Offices in Rosebank, Johannesburg.
Business confidence suffered a setback in August 2015 due to subdued domestic economic performance and financial market nervousness as well as global financial market turmoil and economic uncertainty. These circumstances caused the SACCI Business Confidence Index (BCI) to retract to an even lower level than in June 2015. After increasing to 87.9 in July 2015 from 84.6 in June 2015, the SACCI BCI registered 84.3 in August 2015.

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RELEASE DATE: BCI AND TRADE CONDITIONS SURVEY PDF Print E-mail
Monday, 24 August 2015 10:55

Kindly note that SACCI will release the following economic / business indicators in September 2015

Agust 2015 Business Confidence Index (BCI) – 03 September 2015

August 2015 Trade Conditions Survey – 10 September 2015

 
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