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Topic - Neren Rau
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Mar 21, 2014
The Federation of Gujarat Industries (FGI) hopes that its recent nine day trade mission to South Africa will, on its own, generate at least $10-million in bilateral trade. So stated FGI senior VP and mission head Janak Seth at a trade briefing in Sandton (north...
Jan 17, 2014
During an interview with Engineering News Online earlier this week, Consulting Engineers of South Africa (Cesa) CEO Lefadi Makibinyane asserted in strident commentary that the success of government’s national infrastructure plan would hinge on the degree to which...
Jan 16, 2014
South African Chamber of Commerce and Industry’s (Sacci’s) December Trade Conditions survey registered a contraction after stabilising in November, CEO Neren Rau said on Thursday. Despite reporting moderate conditions last month at 52 index points, the seasonally...
Jan 14, 2014
The escalating cost of doing business was currently the biggest concern facing the private sector, a survey by the South African Chamber of Commerce and Industry (Sacci) has found. According to Sacci’s 2013 Annual Survey, which polled 64 businesses with at least 24...
Jan 07, 2014
While the increase in the overall 2013 matric pass rate, as well as the pass rates in maths and science, were encouraging, system inequalities were still preventing some learners from having access to quality maths and science knowledge, University of the...
Nov 13, 2013
Sacci CEO Neren Rau
While the newly tabled Employment Tax Incentive Bill was a step in the “right direction”, with many companies eager to participate, government needs to improve its communication and streamline its processes to convince some business organisations that it would...
Nov 01, 2013
MALUSI GIGABA The Public Enterprises Minister called for a private–public partnership plan with real and meaningful partnerships between the public and private sectors in the infrastructure of the maritime sector
To accelerate economic growth, South Africa has to develop infrastructure and transport logistics so that its ability to compete globally is improved, says South Africa Chamber of Commerce and Industry (Sacci) CEO Neren Rau.
Oct 29, 2013
South Africa’s unemployment rate improved to 24.7% for the third quarter of the year, Statistics South Africa (Stats SA) said on Tuesday. This was as a result of an increase of 308 000 in the number of employed individuals, while the number of unemployed...
Oct 22, 2013
Oct 17, 2013
Sep 26, 2013
 
 
 
Sep 19, 2013
The joint efforts of business and government could assist the South African Police Service (Saps) reduce crime, business representatives said on Thursday. Social conditions, such as poverty, loss of employment and a lack of family support, besides others, impact on...
Sep 02, 2013
Business Unity South African (Busa) has added its voice to the chorus of opposition to the South African government’s proposal to introduce a carbon tax from January 1, 2015. The National Treasury is in the process of shifting through a number of comments,...
Aug 07, 2013
Sacci CEO Neren Rau
The proposed amendment to the Employment Equity Act, which would penalise firms based on company turnover, would set a “dangerous regulatory precedent” that would hamper job creation and set transformation back, the South African Chamber of Commerce and Industry...
Aug 05, 2013
Sacci CEO Neren Rau
The South African Chamber of Commerce and Industry (Sacci) is “concerned” over the potentially negative economic impact of the National Treasury’s proposed carbon tax. This follows the release of a Carbon Tax Policy Paper by Treasury on May 2, which outlined...
Jul 01, 2013
Business has welcomed the support given by the US to extend the African Growth and Opportunity Act (Agoa) beyond 2015, the South African Chamber of Commerce and Industry (Sacci) said on Monday. “Sacci welcomes the support given by US President Barack Obama to...
Apr 24, 2013
The implementation of the current draft Licensing of Businesses Bill would harm small business growth and must be subjected to a regulatory impact assessment, business organisations said on Wednesday. The legislation was intended to ease the business licensing...
Mar 04, 2013
Copper theft in South Africa fell to its lowest level since April 2009 in January, indicating that the downward momentum seen in 2012 should continue into 2013, the South African Chamber of Commerce and Industry (Sacci) said on Monday. Sacci CEO Neren Rau said the...
Feb 27, 2013
The South African Chamber of Commerce and Industry (Sacci) welcomed government’s promise in the 2013 Budget to negotiate tax incentives for businesses in certain South African special economic zones (SEZs). The National Treasury proposed a 15% corporate income tax...
Feb 13, 2013
The upcoming State of the Nation Address (SoNA) provided a platform for President Jacob Zuma to restore domestic and international business confidence, South African Chamber of Commerce and Industry (Sacci) CEO Neren Rau said on Wednesday. He emphasised that...
Dec 06, 2012
The South African Chamber of Commerce and Industry (Sacci) has identified various “procedural missteps” by the Department of Trade and Industry (DTI) in the stakeholder consultation phase for the revised broad-based black economic-empowerment (BBBEE) codes of...
 
 
 
 
Dec 06, 2012
Business confidence in South Africa remained depressed in November, weighed down by the high level of strike action in the country, the South African Chamber of Commerce and Industry (Sacci) reported on Thursday. The organisation’s Business Confidence Index for...
Sep 27, 2012
The South African Chamber of Commerce and Industry (Sacci) has slammed the transport strike as “economic sabotage”, while an economist has warned that the industrial action could seriously harm the country’s economy. The strike, which started on Monday,...
Sep 27, 2012
Copper theft losses during August fell to the lowest level since September last year, indicating a downward trend in copper theft despite the high levels recorded this year, the South African Chamber of Commerce (Sacci) said on Thursday. The organisation’s Copper...
Sep 12, 2012
A survey by the South African Chamber of Commerce and Industry (Sacci) has found that a smaller-than-expected number of small businesses were impacted by late government payments, but that they were being severely hurt. The survey, which was undertaken among Sacci...
Sep 10, 2012
South African Chamber of Commerce and Industry (Sacci) president Chose Choeu has been chosen to join the World Chambers Federation (WCF) General Council. The WCF, as a part of the International Chamber of Commerce (ICC), unites the global chamber community of 12 000...
May 28, 2012
The outlook for curbing copper theft in South Africa is looking “fairly positive”, the South African Chamber of Commerce and Industry (Sacci) said on Monday, as it reported a 20.7% monthly decrease in the April Copper Theft Barometer. Copper theft fell from a...
Apr 17, 2012
Business organisations on Tuesday called on the South African National Roads Agency Limited (Sanral) to delay the implementation of the e-toll system on Gauteng's upgraded highways until uncertainty, particularly around the proposed toll fees, was cleared up. South...
Apr 12, 2012
The finding of an International Monetary Fund (IMF) working paper that the rapid growth of real wages in South Africa, which outpaced labour productivity growth in most sectors, was suppressing employment creation was concerning, said the South African Chamber of...
Mar 06, 2012
The planned Cosatu industrial action has the potential to damage the South African economy, the South African Chamber of Commerce and Industry (Sacci) has warned.
Feb 23, 2012
Government needs to prove that it can spend on infrastructure before the private sector will invest in new build projects, Standard Bank chief economist Goolam Balim said on Wednesday.
 
 
 
 
Feb 23, 2012
Political parties and others have broadly welcomed Finance Minister Pravin Gordhan's proposed 2012/13 Budget tabled in the National Assembly on Wednesday. It exceeds R1 trillion – R1.06 trillion – for the first time ever – with the bulk of spending,...
Feb 08, 2012
Enterprise support, especially for small and medium-sized businesses (SME's), could be a key theme of President Jacob Zuma’s State of the Nation address in Parliament tomorrow, organised business said on Wednesday. Business Unity South Africa (Busa) said it hoped...
Jan 27, 2012
The South African government is hoping its new Special Economic Zones (SEZs) Bill and policy will create the framework for the development of new industrial nodes outside of the traditional industrial heartlands of Gauteng, the Western Cape and KwaZulu-Natal, while...
Jan 16, 2012
The South African Chamber of Commerce and Industry (Sacci) on Monday expressed concern about South Africa’s credit rating outlook, which was lowered from stable to negative. On Friday, Fitch Ratings downgraded South Africa’s long-term foreign credit rating...
Jul 01, 2011
Conflicting policy signals about mine nationalisation are dampening investor enthusiasm, the South African Chamber of Commerce and Industry (Sacci) warned on Friday, appealing for leadership from the governing African National Congress (ANC). CEO Neren Rau said that...
Jul 01, 2011
Conflicting policy signals about mine nationalisation are dampening investor enthusiasm, the South African Chamber of Commerce and Industry (Sacci) warned on Friday, appealing for leadership from the governing African National Congress (ANC). CEO Neren Rau said that...
Dec 09, 2010
The South African Chamber of Commerce and Industry (Sacci) has introduced a barometer to measure the extent of copper cable theft, which is costing the economy an estimated R5-billion a year. Sacci executive adviser Peggy Drodskie said that the “enormous and...
Dec 09, 2010
The South African Chamber of Commerce and Industry (Sacci) said on Thursday that business confidence ticked up 3% in 2010, but a lot still needed to be done to significantly improve on current levels. Sacci economist Richard Downing said at a media briefing that...
Nov 12, 2010
Ports operator Transnet Port Terminals (TPT) has sufficient infrastructure to support existing business, but would continue to improve its service and expand its capacity in the years to come, acting CEO Karl Socikwa told the business sector on Friday. He noted that...
May 14, 2010
South African Chamber of Commerce and Industry (Sacci) CEO Neren Rau says that strikes can be as harmful to job creation as the increases in electricity prices.
 
 
 
 
Dec 04, 2009
Dec 03, 2009
The recent developments in Dubai held huge risk for emerging economies and could trigger a further collapse in growth for these countries, the South African Chamber of Commerce and Industry (Sacci) CEO Neren Rau said on Thursday. He noted that he was not convinced...
Sep 23, 2009
Government must exercise “immediate, bold and decisive” leadership in reducing crime levels for South Africa to be able to foster a stimulative business environment, South African Chamber of Commerce and Industry (Sacci) CEO Neren Rau said this week. The chamber...
Jul 09, 2009
Strike action by some 70 000 construction workers continued for a second day on Thursday, as South African Federation of Civil Engineering Contractors (Safcec) and unions were meeting with the Labour Minister to bring an end to the industrial action, which threatens...
Jul 09, 2009
 
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