Business confidence could improve on policy

The SACCI Business Confidence Index (BCI) picked up by 3.3 index points to 87.9 in July 2015 after shedding 2.3 index points in June 2015. The July 2015 BCI level is the same as in July 2014. However, the BCI is still 34 index points below the high level of 121.9...

Find ways to alleviate power crisis

The South African Chamber of Commerce and Industry (SACCI) is deeply concerned about the country’s tenuous electricity situation, and urges South African businesses to find alternative ways of keeping the lights on. SACCI president Vusi Khumalo says: “The South...

SACCI report shows trade expectations weaken

The seasonally adjusted composite Trade Activity Index (TAI) from the South African Chamber of Commerce and Industry (SACCI) increased slightly by two index points to 52 in June 2014 after declining by one point to 50 in May 2014. Although overall trade conditions...

Adverse events affect business confidence

Business confidence remained subdued in June 2014 as further adverse economic developments caused the SACCI Business Confidence Index, released this week, to linger below 90 index points. The index moved marginally to 89.7 in June from 88.9 in May 2014. The June 2014...

Sacci calls for electricity tariff review

The South African Chamber of Commerce and Industry (Sacci) is concerned about electricity tariff changes and the costs of doing business at a municipal level. Sacci CEO Neren Rau says: “Sacci calls upon government and stakeholders to review the structure of local...