The Coega Development Corporation (CDC) announced today, that it welcomes the improved business confidence by 3.4 index points to 93.0 from its lowest level thus far in August 2017. “What is even more encouraging is the higher merchandise import and export volumes making notable contributions to the monthly improvement of the Business Confidence Index (BCI) in September 2017,” says Dr Ayanda Vilakazi, CDC Unit Head: Marketing, Brand and Corporate Communications. The Coega Special … [Read more...] about Coega bolstered by improved BCI
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SA Business Confidence remains a matter of grave concern
The South African Chamber of Commerce and Industry (Sacci) says the business confidence index (BCI) shed 2.5 index points in December 2014, coming in at 88.3. The BCI declined from 90.8 in November 2014 and is 3.6 points below the December reading of 2013. "The 88.3 is the lowest level since July 2014 when the BCI measured 87.9," Sacci said on Thursday. The chamber said the financial situation was weaker than in December 2013. "Four of the seven physical activity sub-indices of the … [Read more...] about SA Business Confidence remains a matter of grave concern
BCI improves in August
Business confidence recovered in August reaching 89.0 index points from 87.9 in July, according to the South African Chamber of Commerce and Industry (Sacci). The Business Confidence Index (BCI) recovered by 1.1 index points from July to 89.0 in August 2014. Sacci, as it released its monthly BCI on Wednesday, said the lower level of business confidence in August 2014 was at 90.5 as compared to last year was mainly caused by restrained real activity. "Eight of the 13 BCI sub-indices … [Read more...] about BCI improves in August
September BCI down to 98.4 Points
Business confidence was marginally down to 98.4 points in September, the South African Chamber of Commerce and Industry (SACCI) said. In its monthly Business Confidence Index (BCI) released on Thursday, SACCI said the BCI was down to 98.4 in September from August’s 98.6 and below the September 2010 level. "The smaller month-on–month changes in August and September 2011 suggest that the strong decline in July 2011 was curtailed. Although the pace has slowed, the BCI continued its downward … [Read more...] about September BCI down to 98.4 Points
January BCI Declines
Business confidence declined marginally in January 2011 to 87.4 from 87.6 in December, the South African Chamber of Commerce and Industry (SACCI) said on Thursday. Releasing its monthly Business Confidence Index (BCI), SACCI said January 2011's level was 6.2 index points higher than that of January 2010. "This is the largest year-on-year difference since March 2010 when the index started to exceed the previous year's level," said the chamber. Compared to last year, nine of the 13 … [Read more...] about January BCI Declines
