BCI dips to lowest level since May 2010

The Business Confidence Index (BCI) of the South African Chamber of Commerce and Industry (Sacci) dipped to 97.1 in January, the lowest level since May 2010, when the BCI registered 96.7. The BCI briefly increased by 1.7 points in December, to...

Commission’s cement data restrictions questioned

Construction development company Business & Marketing Intelligence (BMI) Building Strategy Research Unit principal consultant Dr Llewellyn Lewis has called on the Competition Commission to reverse its decision to prohibit the centralised...

Unite behind efforts to stop corruption – Proudly South African

The Proudly South African “Buy Local” campaign has called on all its member companies, partners and supporters to rally behind Corruption Watch, the anti-corruption watchdog launched last week. “As proud South Africans, we have to unite to...

Dec PPI slows to 9.8% y-on-y

Statistics South Africa said on Thursday producer inflation, which represents domestic output, slowed to 9.8% year-on-year in December from 10.1% in November. Month-on-month inflation was at 0.0% in December from 0.2% previously.

Fund managers see Africa as next investment hotspot

More than one in two institutional investors see Africa as the most attractive region to invest in the next decade, with one in three expecting to put at least 5 percent of their portfolios into the continent by 2016, a survey showed on Tuesday.

Fewer companies went bankrupt in November – Stats SA

The total number of insolvencies for the first eleven months of 2011 decreased by 30.2% to 2 584, compared with 3 703 in the first eleven months of 2010, Statistics South Africa (StatsSA) reported on Monday. A year-on-year decrease of 17.3%, from...

Senior management commit 36% of internal economic crimes in SA

The prevalence of internal economic crimes committed by senior management in companies in South Africa has risen to 36% from 17% in 2009, reflecting these crimes’ requirements of sensitive information and sophisticated skills to perpetrate, says...

PMI falls below key mark

The seasonally adjusted Kagiso Purchasing Managers Index (PMI) lost some ground in December, falling by 2.2 index points to below the key 50 mark, and currently stands at 49.4. The seasonally adjusted new sales orders index experienced a decline...