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COPPER THEFT BAROMETER - PRESS RELEASE PDF Print E-mail
Thursday, 04 June 2015 10:10

SACCI COPPER THEFT BAROMETER: APRIL 2015

The Copper Theft Barometer level increased to R13.6 million in April from R12.6 million in March 2015. The April figure is 7.08% higher than a month ago and 0.11% lower than a year ago. Bearing in mind that the SACCI Copper Theft Barometer is based only on theft from Eskom, Telkom and Transnet and considering that it comprises only the cost of replacing the metal, this figure is but a drop in the ocean when the impact on the economy is taken into account. Recent estimates put the loss to the economy between R5 and R7 billion per year – a loss that the economy can ill afford.

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BUSINESS CONFIDENCE INDEX - PRESS RELEASE PDF Print E-mail
Wednesday, 03 June 2015 11:30

Delicate Business Confidence

The SACCI Business Confidence Index (BCI) for May 2015 was released today at the SACCI Offices in Rosebank, Johannesburg.
Business confidence slipped to a sixteen-year low as the SACCI Business Confidence Index (BCI) slumped to 86.9 in May 2015 compared to the level of 86.8 registered in September 1999. Comparisons with more recent figures show the BCI two index points lower than in May 2014 and three index points lower than in April 2015. The 86.9 for May 2015 is lower than the lowest 2014 level of 87.9 in July 2014.
Year-on-year data for the sub-indices indicate more negativity with nine of the thirteen sub-indices at lower levels than in May 2014. Five of the six financial sub-indices were negative y/y and one undecided whereas in April, two were negative and four undecided. In May 2015 four real activity sub-indices were negative and three were positive.

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UNABRIDGED BIRTH CERTIFICATES - PRESS RELEASE PDF Print E-mail
Monday, 01 June 2015 10:03

Unabridged birth certificates

South Africa’s advancement as a global tourist destination of choice faces disruption today (1 June) as the requirement kicks in for children to be in possession of unabridged birth certificates before being allowed into the country. While the rationale for this measure – unique in the world – may be justified as a means of controlling human trafficking, it defies understanding in the context of economic growth where tourism offers such significant hope for South Africa.

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TRADE CONDITIONS SURVEY - PRESS RELEASE PDF Print E-mail
Tuesday, 12 May 2015 11:37

Trade Conditions Marginally Positive

The seasonally adjusted composite Trade Activity Index (TAI) was slightly into positive territory in April 2015. It improved by 4 index points to 51 in April 2015.  The seasonally adjusted trade conditions index is still below the 56 in December 2014 and 62 in January 2015.  The non-seasonally adjusted TAI of 49 in April 2015 is at the same level as in April 2014.  It appears that over the medium-term trade conditions will remain ‘middle-of-the-road’.  

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TRADE CONDITIONS SURVEY - PRESS RELEASE PDF Print E-mail
Wednesday, 15 April 2015 11:22

Trade Conditions Remains Strained

 

The seasonally adjusted composite Trade Activity Index (TAI) declined by 1 index point to 47 in March 2015 from 48 in February 2015.  The seasonally adjusted trade conditions index has declined by 9 index points since December 2014.  The TAI of 47 in March 2015 is also 3 points below the level in March 2014.  With uncertain economic prospects, the pressure on the trade sector is broad based.

 

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