Shock as economy contracts

The South African Chamber of Commerce and Industry (SACCI) has expressed shock and concern at the poor performance of South Africa’s economy in the last quarter. Neren Rau, CEO of SACCI, says in a statement: “The South African Chamber of Commerce and Industry (SACCI)...

Sacci calls for higher matric standards

The South African Chamber of Commerce and Industry (Sacci) has raised concerns about the quality of the country’s matric certificate and has called on authorities to raise the bar. According to CEO Neren Rau: “The South African Chamber of Commerce and Industry (Sacci)...

SA business confidence still down

The South African Chamber of Commerce & Industry (SACCI) Business Confidence Index (BCI) for September 2013 improved slightly by 0.9 index point from 90.5 in August to 91.4 in September 2013. This is the first time in five months that the BCI moved above the level...

SA trade conditions tighten in August

Trade conditions tightened in August 2013 as SACCI (South African Chamber of Commerce & Industry) trade conditions survey respondents experienced a less favourable environment which also effected a downward revision in their six-month outlook. From April 2013,...

SA business confidence remains flat

The SACCI Business Confidence Index (BCI) declined from 90.7 in July to 90.5 in August 2013. It is the fourth consecutive month that the BCI has remained in the order of 90 – varying in a narrow band between 90.2 and 90.7. Current BCI levels are 10 points below...