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SACCI news

SACCI Press Release – Trade Conditions Survey – February 2020

Strained Trade Conditions  In line with the recessionary conditions since the 3rd quarter of 2019, the SACCI Trade Conditions Survey in February 2020 confirmed flattening trade activity. Real activity in the wholesale, retail trade, hotels and restaurants experienced zero growth in 2019 and even declined by 0.3% year-on-year in the 4th quarter 2019. Trade conditions deteriorated…

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SACCI Delegation Meets GCEO Of ESKOM

Today, SACCI President, Adv Mtho Xulu led a successful delegation of the Board and Council members of SACCI in a strategic meeting with the GCEO of Eskom, Mr Andre de Ruyter. Randburg Chamber CEO, Linda Blackbeard, our Past President, Mr Neil Pollock, who is currently the Vice President of SACCI, were proud to be amongst…

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SACCI Media Statement on the Budget Speech

SACCI Media Release                                                                                                                                Thursday 27 February 2020 SACCI Media Statement on the Budget Speech The South African Chamber of Commerce and Industry (SACCI), notes the budget speech presented by Minister Mboweni. Whilst we acknowledge the tough economic times faced by South Africa, we think this speech missed a critically important opportunity to re-imagine the future…

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SACCI Media Statement on the 2020 SONA

The South African Chamber of Commerce and Industry notes and welcomes the President’s remarks in his 2020 State of the Nation address. We look forward to working with the President and his team in many of the major initiatives announced in his speech. SA’s major challenges in the area of affordable and consistent energy availability…

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SACCI Press Release – Trade Conditions Survey – January 2020

Tight Trade Conditions Stabilise Trade conditions remained tight in January 2020 with 57% of the respondents experiencing negative conditions while 54% of the respondents expect conditions to remain depressed in the next six months.   The seasonally adjusted Trade Activity Index (TAI) recorded 43 – down one index point, while the Trade Expectations Index (TEI) remained…

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SACCI Press Release – Trade Conditions Survey – December 2019

Trade Conditions Remain Tight Trade conditions remained in negative territory in December 2019, but the seasonally adjusted Trade Activity Index (TAI) improved marginally to 44 – up by one index point and still below the 50-index level of unchanged conditions. Expectations for the next six months look better than the December trade conditions with the…

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SACCI Press Release BCI December 2019

SACCI PRESS RELEASE – BUSINESS CONFIDENCE INDEX (BCI) FOR DECEMBER 2019 Lack Luster Business Confidence in December Although the BCI remained virtually unchanged at 93.1 in December 2019 if compared to 92.7 in November 2019, the BCI was 2.1 index points below the level of 95.2 in December 2018. The BCI declined from an average…

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SACCI Trade Conditions Survey – November 2019

Trade Expectations Weaken Trade conditions remained subdued in November 2019 and in negative territory. The seasonally adjusted Trade Activity Index (TAI), as a measure of recent trade conditions, improved slightly by one point to 43 in November 2019. Over the next six months trade is expected to decline with the seasonally adjusted Trade Expectations Index…

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