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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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SACCI COPPER THEFT BAROMETER: February 2015 PDF Print E-mail
Thursday, 02 April 2015 09:36

The Copper Theft Barometer level decreased to R12.7 million in February from R12.9 million in January 2015. The February figure is 1.55% lower than a month ago and 18.1% higher than a year ago. While the month on month reduction in the month is welcome, it is worrying that the year on year increase is still relatively high. The Copper Theft Volume Indicator increased to 192 metric tons in February 2015 from 184 metric tons in January 2015. The drop in value in February despite the increase in volume is most likely linked to the decrease in the average monthly spot price of copper.

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ZWELINZIMA VAVI AND COSATU -PRESS RELEASE PDF Print E-mail
Thursday, 02 April 2015 09:17

In a statement issued 31 March 2015, the South African Chamber of Commerce and Industry (SACCI) said:

 QUOTE:

Cosatu and its affiliates have always played a fundamental role in labour relations in South Africa. The internal problems confronting the organisation have impacts beyond their immediate constituency. The South African Chamber of Commerce and Industry (SACCI) believes that the expulsion of Mr Zwelinzima Vavi from Cosatu poses a number of challenges for business, not least the determination of the structure that it should recognise as being representative of employees.

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RESIGNATION OF ESKOM CHAIRPERSON MR ZOLA TSOTSI - PRESS RELEASE PDF Print E-mail
Wednesday, 01 April 2015 16:21

RESIGNATION OF ESKOM CHAIRPERSON MR ZOLA TSOTSI

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

Quote:

The South African Chamber of Commerce and Industry notes the resignation of the chairperson of Eskom, Mr Zola Tsotsi, and the appointment of Mr Ben Ngubane as acting chairperson with immediate effect. This comes at a time when Eskom needs to aggressively address the precarious power supply in the country and when it faces the combined challenges of the recent suspension of its CEO and three senior executives as well it’s the downgrading by Standard and Poor’s to “junk status”.

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SACCI PRESS RELEASE - PROTEST ACTION PDF Print E-mail
Wednesday, 18 March 2015 11:10

SACCI LAMENTS INCREASING PROTEST ACTION

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


The South African Chamber of Commerce and Industry (SACCI) is gravely concerned at the increase in the number of protest actions that are taking place in the country. The current unrest in Thembelihle, Soweto, Tembisa and Johannesburg confirm the results of the Civic Protest Barometer, issued last month by the Multi-level Government Initiative at the Community Law Centre of the University of the Western Cape, as do the protests by UCT students calling for the removal of the statue of Cecil John Rhodes, and those in Jericho and Letlhabile near Brits in Northwest Province and Malamulele in Limpopo, to name but a few. It is particularly worrying that South Africa is being dubbed the “Protest Capital of the World”.

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