SACCI today released the May 2017 SACCI Business Confidence Index (BCI) at its Offices in Rosebank, Johannesburg. Heightened political tensions, additional economic policy uncertainty and lower credit ratings by rating agencies that converged towards the end of March 2017, continued to effect the business climate negatively in May 2017. The May 2017 SACCI Business Confidence […]
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Sales Volumes under Pressure Since October 2016 trade conditions remained in negative territory with the Trade Activity Index (TAI) below 50. In April 2017 the TAI weakened to 45 from 46 in March 2017 although……
SACCI today released the March 2017 SACCI Business Confidence Index (BCI) at its Offices in Rosebank, Johannesburg. The SACCI Business Confidence Index (BCI) pulled back by 1.7 index points to 93.8 in March 2017 from 95.5 in February 2017. This is the first month since November 2016 that the SACCI BCI declined year-on-year after […]
SACCI today released the February 2017 SACCI Business Confidence Index (BCI) at its Offices in Rosebank, Johannesburg. The SACCI Business Confidence Index (BCI) declined by 2.2 index points from 97.7 in January 2017 to 95.5 in February 2017. The index nevertheless improved by 2.8 points on the February 2016 level of 92.7 and […]
Herewith SACCI reaction to the 2017 Budget Speech for your noting.
2017 Budget speech as well as the highlights, as delivered by the Minister of Finance, Pravin Gordhan yesterday afternoon in parliament. The following budget allocations to support economic growth over the MTEF are worth noting: • R3.9 billion for small, medium and micro enterprises and cooperatives. • R4.2 billion for industrial infrastructure […]
Although the seasonal adjusted Trade Activity Index (TAI) improved from 49 in November 2016 to 53 in December 2016, the non-seasonally adjusted TAI was down to ……
SACCI today released the SACCI Business Confidence Index (BCI) for December 2016 at its Offices in Rosebank, Johannesburg. The SACCI Business Confidence Index (BCI) remained almost steady with a small decline of 0.1 index point between 93.9 in November 2016 and the 93.8 of December 2016. The severe year-on-year decline ….
The SACCI Business Confidence Index (BCI) improved by another 0.9 index point from October 2016 to 93.9 in November 2016. The BCI increased by 3.6 index points from the exceptionally low level of 90.3 registered in September 2016. During 2016 the BCI recovered relatively well up to July 2016 when the BCI reached 96.0 but […]