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Feb 15, 2010
Article contains comments
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 year or early in 2011....
Feb 11, 2010
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 well above the low of 32...
Feb 08, 2010
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 of its January business...
Feb 04, 2010
South Africa’s power consumption jumped 7,5% year-on-year to 18 850 GWh in December, its biggest increase since February 2004 when consumption rose 6,9% year-on-year, official data by Statistics South Africa (Stats SA) showed on Thursday. Electricity usage for the...
Jan 22, 2010
Business confidence, which had shown considerable volatility in 2009, would likely reach a higher average this year, after reaching a seven-year low in 2009, the South African Chamber of Commerce and Industry (Sacci) said earlier this month.

Reporting on the results...
Jan 14, 2010
Despite the Trade Activity Index (TAI) having slipped back into negative territory in December amid a normal seasonal decline in trade activity, the South African Chamber of Commerce and Industry (Sacci) expected the steady recovery of the index at the end of 2009 to...
Jan 12, 2010
Local manufacturing output contracted by 4,7% year-on-year in November, the least negative growth rate recorded, to date, in 2009, Statistics South Africa (Stats SA) reported on Tuesday. Efficient Group economist Freddie Mitchell noted that this was “all in all a...
Jan 07, 2010
Business confidence, which had shown considerable volatility in 2009, would likely reach a higher average this year, after reaching a seven-year low in 2009, the South African Chamber of Commerce and Industry (Sacci) said on Thursday. Reporting on the results of its...
Dec 07, 2009
Article contains comments
Dec 03, 2009
Dec 01, 2009
Nov 25, 2009
 
 
 
Nov 18, 2009
Despite dropping two points to 51 in October, the South African Chamber of Commerce and Industry’s (Sacci’s) Trade Activity Index (TAI) remained in positive territory, a trend that was expected to continue in the short term. Sacci on Wednesday reported that the TAI...
Oct 16, 2009
Although South Africa has experienced slight improvements over past few years in areas, such as the availability of qualified engineers and an uptick in skilled labour, more work is needed in support of efforts to build a highly competitive economy, said Productivity...
Oct 13, 2009
The downward spiral in the residential building sector was probably close to a bottom, First National Bank (FNB) chief economist Cees Bruggemans reported on Tuesday, adding that the normalisation of the destocking cycle of building merchants at the retail level had...
Oct 13, 2009
The Trade Activity Index (TAI), which surged to 53 points in September, moved into positive territory for the first time since November 2007 and was expected to remain at this level in the short term as the trade environment came to terms with more favourable trade...
Oct 09, 2009
After 15 years of democracy in South Africa, black economic empowerment remains elusive for the majority of black South Africans, auditing firm KPMG restructuring advisory MD Sandile Hlophe said this week, following the release of KPMG’s latest national black...
Oct 09, 2009
Article contains comments
There’s more to geography than capitals, clouds and tornados, climate, countries, people, maps, and flags. Today, geography is a serious consumer-facing business, helping us to reach our destinations with the aid of global positioning systems (GPS) on our cell...
Oct 06, 2009
The South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI), in September, reached its highest level since November 2008, improving to 85,5 points, compared with 83 points in August. The BCI was 6,6 index points higher than the lows of...
Oct 01, 2009
Article contains comments
It is imperative that business and investor confidence be prioritised in new policy proposals and policy implementation in order for South Africa to “raise the tempo” of fixed investment and to “provoke a stronger path” to economic recovery, South African Chamber of...
Oct 01, 2009
September’s Kagiso Purchasing Manager’s Index (PMI), which jumped to 48 points, had shown signs of life in the domestic manufacturing sector for the first time since September last year, Kagiso Securities head of fixed income André Coetzee said on Thursday. The...
Sep 22, 2009
Employment in the formal nonagricultural sector declined by 0,8%, or 67 000 jobs, between the quarter ended March 31, 2009, and the quarter ended June 30, 2009, Statistics South Africa (Stats SA) reported on Tuesday. Stats SA’s quarterly employment survey (QES) had...
 
 
 
 
Sep 14, 2009
The Bureau for Economic Research (BER) on Monday said that its latest Manufacturing Survey has revealed a notable improvement in manufacturing business confidence, although it remains at low levels. The business confidence index came in at 22 index points, up from...
Sep 10, 2009
The Trade Activity Index (TAI) reached its highest level, so far, in 2009, in August, registering 44 points, the South African Chamber of Commerce and Industry (Sacci) reported on Thursday. Although still below the neutral 50 point level, this was two points higher...
Sep 09, 2009
The Rand Merchant Bank (RMB)/Bureau for Economic Research (BER) Business Confidence Index slipped to a ten-year low of 23 points in the third quarter of the year. The three-point quarter-on-quarter decline was a result of a continued decline in the retail sector,...
Sep 09, 2009
South Africa fell two places in the latest Doing Business report, published by the International Finance Corporation (IFC) and currently ranked at 34 out of 183 countries. The annual survey analyses regulations that apply to an economy’s businesses, including...
Sep 03, 2009
South Africans consumed 19 484 GWh of electricity in July, 2,1% less than the electricity the country consumed in July 2008, Statistics South Africa (Stats SA) said in a statement on Thursday. Electricity consumption was also down by 2,1% month-on-month, while...
Sep 03, 2009
With the South African economy finding it difficult to gain momentum, the South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) remained “virtually unchanged” at 83 points in August. This was 0,2 points lower than the July figure,...
Aug 26, 2009
South Africa's targeted consumer inflation slowed to 6,7% year-on-year in July, slightly above expectations, from 6,9% in June, official data showed on Wednesday. Statistics South Africa said headline CPI stood at 1,1% on a monthly basis in July compared with 0,4%...
Aug 18, 2009
Economists were hopeful on Tuesday that the third quarter of the year would produce an even smaller contraction in gross domestic product (GDP) than the 3% quarter-on-quarter contraction recorded in the second quarter, while the final quarter would likely show a...
Aug 18, 2009
South Africa's economy remains stuck in a recession, according to gross domestic product (GDP) data released by Statistics SA on Tuesday. The economy contracted once again in the second quarter of the year, according to the Pretoria-based agency.
Aug 12, 2009
Despite trade conditions remaining in negative territory and the Trade Activity Index (TAI) staying below the 50 point index level, it improved to 42 points in July, compared with 39 points in June, the South African Chamber of Commerce and Industry (Sacci) reported...
 
 
 
 
Aug 06, 2009
Article contains comments
South Africa’s electricity consumption dropped by 3,4%, or 699 GWh, year-on-year in June, with 19 816 GWh consumed, Statistics South Africa (Stats SA) reported on Thursday. This was 1% higher than the electricity used the month before. Consumption in the second...
Aug 05, 2009
South Africa’s economy was at a “tipping point” and could be adversely affected if it was not appropriately managed and if restraint was not exercised in terms of a number of issues, the South African Chamber of Commerce and Industry (Sacci) said on Wednesday....
Aug 03, 2009
The Kagiso Purchasing Managers Index (PMI) in July dropped back to its May level of 37,3 index points, a “disappointing” performance in comparison with the global PMI, Kagiso Securities said on Monday. The PMI, which is a key measure of manufacturing activity, in...
Jul 30, 2009
South Africa’s producer price inflation (PPI) declined by a record 4,1% in June, Statistics South Africa (Stats SA) reported on Thursday, with an analyst saying that the PPI would likely continue on a deflationary trend for the rest of the year. The June PPI was...
Jun 29, 2009
The number liquidations in May increased by 6,8% year-on-year to 283, while the total number of liquidations recorded between January and May had now increased to 1 640, Statistics South Africa (Stats SA) reported on Monday. This 36,8% increase over the past five...
Jun 23, 2009
The number of people employed in the formal non-agricultural business sector in South Africa declined by 2,1% or 179 000 people in the first quarter of 2009, Statistics South Africa’s (Stats SA’s) Quarterly Employment Statistics (QES) survey shows. At the end of...
May 18, 2009
In what is arguably the first significant confirmed shift in economic reporting responsibilities to take shape under the new government structure outlined by President Jacob Zuma on May 10, South Africa’s statistical agency, Statistics South Africa, or Stats SA, will...
 
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