086 101 9218

SACCI news

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…

Read More

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…

Read More

SACCI Trade Conditions Survey – October 2019

SACCI Press Release Thursday, 14 November 2019 Less Optimal Trade Conditions Continue Trade conditions remained stable in October 2019 but still subdued, i.e. an index level below 50. The seasonally adjusted Trade Activity Index (TAI) that reflects present conditions, improved to 42 in October – up from 40 in September 2019. Trade conditions are also…

Read More

Elusive Business Confidence

SACCI’s BCI (2015 = 100) shed 0.7 index points in October 2019 to measure 91.7 compared to 92.4 in September 2019. After dipping below the 90-index level in August 2019, the BCI managed to stay above the 90-index level in October. The BCI is 4.1 points below last year’s October level of 95.8. Between September and…

Read More

SETA Grant Case Update

BUSA instituted review proceedings on two occasions in the Labour Court to set aside the regulations but the most recent application pertaining to the re-promulgation of the Regulation 4(4) was dismissed last year. BUSA subsequently launched an appeal against the judgment of the Labour Court.  The appeal was heard in the Johannesburg Labour Appeal Court on…

Read More

SACCI Press Release BCI September 2019

SACCI PRESS RELEASE – BUSINESS CONFIDENCE INDEX (BCI) FOR SEPTEMBER 2019 A Window of Opportunity  SACCI’s BCI (2015 = 100) recovered from 89.1 index points in August 2019 to 92.4 in September. The BCI improved by 3.3 index points in September from August, but was still 0.9 points below the BCI level of September 2018. The…

Read More

SACCI Press Release – Trade Conditions Survey – August 2019

Wednesday, 18 September 2019 Slightly Improved Trade Expectations Trade conditions improved marginally in August 2019 although conditions remained tough. Expectations for the next six months suggest further improvement of present trade conditions. The Trade Activity Index (TAI) increased by 2 index points from 40 to 42 and the Trade Expectations Index (TEI) improved by 4…

Read More