Trade activity back in positive territory

The Trade Activity Index (TAI) returned to positive territory in February, improving to 54 points, mainly as a result of improvements in the sales and new orders subindices, the South African Chamber of Commerce and Industry (Sacci) reported on...

Business confidence returns to precrisis level

While the 15-point climb in the Rand Merchant Bank (RMB)/Bureau for Economic Research (BER) quarterly Business Confidence Index (BCI) for the first quarter of 2010 was “heartening”, RMB chief economist Ettienne le Roux warned that the...

Feb economic confidence up on growth hopes

South Africa's economic confidence rose in February on optimism that the economy will grow this year and next with interest rates remaining low for most of this year. An economic recovery from the country's first recession in almost two decades...

IMF to upgrade Africa growth view – Africa director

The IMF may upgrade its assessment of Africa's economic growth prospects because some countries fared better than expected in a global recession that many feared would undo decades of poverty-fighting progress. In an interview, Antoinette Sayeh,...

SA’s business confidence rises on positive economic developments

The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) responded to positive medium-term economic developments and rose to 83 points in February, rebounding by 1,8 points on the 81,2 recorded in...

SA economy seen growing in 2010, CPI to fall below 6%

While South Africa was likely to see gross domestic product (GDP) growth of about 2,7% this year and 3,5% in 2011, the Bureau for Economic Research (BER) on Monday warned that the global economy could suffer a growth relapse at the end of this...

SA trade activity rebounds in January

The South African Chamber of Commerce and Industry’s (Sacci’s) Trade Activity Index (TAI) rebounded to 44 points in January, after dropping by nine points to 42 points in December. While remaining in negative territory, the index was still...

SA economy lacking ‘vigorous’ recovery anticipated for peers

The South African Chamber of Commerce and Industry (Sacci) on Monday expressed concern that the country’s economy had not yet joined in the “vigorous” economic recovery anticipated for other key emerging market economies. With the release...