Absa's SME Index for Q2 2014 reveals a marked shift in the South African labour market for women. The percentage of women who are self-employed has dropped from around 53% in 2008 to just over 44% in 2014. The number of employed women increased by 12,6% over the same period, indicating a sizeable shift to employment for women in the labour force, as only 1,8% more men were employed over the period. The number of self-employed men has increased by 8.2% from March 2008. By contrast, over 150 … [Read more...] about Decrease in number of female business owners in South Africa
business confidence
April business confidence down
Business confidence took a dip on April falling to 92.6 from 92.7 in March, said the South African Chamber of Commerce and Industry (Sacci). Releasing its monthly Business Confidence Index (BCI) on Wednesday, Sacci said that business confidence remained unchanged as BCI declined by 0.1 index point. Sacci noted that there were no signs that the recent elections affected the business psyche negatively. "However, the policy positions to be embraced will no doubt have an impact on business … [Read more...] about April business confidence down
Business Confidence drops in October
The Business Confidence Index (BCI) declined slightly in October, says the South African Chamber of Commerce and Industry (Sacci). "[The] Business Confidence Index (BCI) declined slightly by 0.3 from 91.4 in September to 91.1 in October 2013. It is only the second time in the last six months that the BCI was above the level of 91 index points," said Sacci on Wednesday. The October 2013 BCI - which is market influenced and accounts for economic and other developments that have a bearing on … [Read more...] about Business Confidence drops in October
Business confidence suffers setback
Business confidence suffered a setback in May, falling to 90.4, which is 1.9 index points lower than in April, the South African Chamber of Commerce and Industry (Sacci) said on Tuesday. Sacci's monthly Business Confidence Index (BCI), which is market influenced and accounts for economic and other developments that have a bearing on the business mood in the country, was influenced both positively and negatively by various developments in May. "Although the BCI recovered by 1.9 index points … [Read more...] about Business confidence suffers setback
Business Confidence falls to 12-year low
Business confidence fell to 90.9 index points in July to a 12-year low, the South African Chamber of Commerce and Industry (Sacci) said today. In July, the BCI declined by four index points. "After the BCI bounced back by 2.1 points from the 92.8 in May 2012 to 94.9 in June, the BCI declined by four index points to 90.9 in July 2012. The July reading for the BCI is a 12-year low and is down more than 8 points on a year ago. "The latest move in the BCI indicates that business confidence … [Read more...] about Business Confidence falls to 12-year low
Business Confidence Reaches New Low
The South African Chamber of Commerce and Industry's Business Confidence Index (BCI) in April declined to 94.3 points, the lowest in three years. "It declined by a further 1.4 index points to 94.3. This follows the 3.8 index points decline to 95.7 in March 2012. The 94.3 is the lowest level for the BCI in three years," said Sacci as it released its monthly index. April's figure was 8.2 points below the April 2011 level. "An unstable and weakening business environment accompanies the … [Read more...] about Business Confidence Reaches New Low
Nelson Mandela Metropole Business Confidence Indicator – YTD January 2012
For the past six months the NMB BCI has largely moved sideways but with a slight weakening trend beginning to emerge in the trend cycle of the index. It will, however, require more data going forward to confirm this apparent slowing taking place in the index. While ongoing real concerns regarding global economic stability and growth continue, particularly with regard to the Eurozone, where, inter alia, the emergence of recessionary conditions have contributed to the reduction of the growth … [Read more...] about Nelson Mandela Metropole Business Confidence Indicator – YTD January 2012
January Business Confidence Falls
Business confidence fell to its lowest level since May 2010, the South African Chamber of Commerce and Industry (SACCI) said. Releasing its January Business Confidence Index (BCI), SACCI said the index dipped to 97.1 after increasing by 1.7 points in December to 99.1. "This is the lowest level for the BCI since May 2010 when the BCI registered 96.7. The January 2012 BCI is 6 index points below the January 2011 level," said SACCI. The decline is due to six of the sub-indices being … [Read more...] about January Business Confidence Falls
Nelson Mandela Metropole Business Confidence Indicator – YTD February 2012
The NMBBCI reflected only marginal improvement during 2011 with the index in December 2011 only some 3 percent up on the January 2011 level. Furthermore during the closing four month period of the year between September and December 2011, the index reflected uncertain performance and largely moved sideways during this period. To receive the Nelson Mandela Bay Business Confidence Index (formerly the Port Elizabeth Business Confidence Index) compiled by Dr Neil Bruton of RGT Smart Ltd, contact … [Read more...] about Nelson Mandela Metropole Business Confidence Indicator – YTD February 2012
October Business Confidence Levels Decline
Business confidence continued to decline in October, falling more than what was anticipated, said the South African Chamber of Commerce and Industry (SACCI). In October the monthly Business Confidence Index (BCI) declined to 97.5 or by 0.9 points from 98.4 in September. This is the fourth month it has fallen in a row. The real economic environment on balance has positively affected business confidence in October 2011 compared to October 2010 as four of the seven sub-indices were in … [Read more...] about October Business Confidence Levels Decline
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
Decline in Business Confidence for August
Business Confidence declined 98.6 points in August from 99 points in July, the South African Chamber of Commerce and Industry (SACCI) said on Thursday. "Although the BCI dipped by only 0.4 index points between July and August 2011, the BCI was 4.7 points below the August 2010 level. This is the biggest year-on-year decline since the 5.2 points decline in September 2009," said SACCI. On a month-on-month basis, the sub-indices representing activity in the real economy had a more positive … [Read more...] about Decline in Business Confidence for August
Nelson Mandela Metropole Business Confidence Indicator – YTD July 2011
After a number of months of sideways movement the NMB BCI has begun declining slowly, under pressure from a declining pace of economic activity both in South Africa and in the major western economies. In both the US and the EU growth rates have slowed sharply and financial markets have contracted substantially discounting the possibility of the emergence of renewed global financial crisis on the back of slower rates of economic growth and sovereign debt concerns in circumstances where the … [Read more...] about Nelson Mandela Metropole Business Confidence Indicator – YTD July 2011
Business Confidence Levels Down in July
The South African Chamber of Commerce and Industry's Business Confidence Index (SACCI) fell to 99 points in July from 102.4 in June. In its monthly index released on Wednesday, the chamber said the index deteriorated to its lowest thus far for 2011. "This is the first time since February 2010 that the year-on-year BCI is negative albeit by only 0.4 index point," said SACCI. The month-on-month decline of 3.4 in the index is the largest since 2009, said SACCI. The BCI, which is put … [Read more...] about Business Confidence Levels Down in July
Nelson Mandela Metropole Business Confidence Indicator – YTD June 2011
Over the past five months the NMB BCI has largely moved sideways reflecting little growth momentum. The development in the BCI is in line with more subdued levels of economic activity during the second quarter of 2011 which appears to have continued into the beginning of the third quarter of the year. To receive the Nelson Mandela Bay Business Confidence Index (formerly the Porth Elizabeth Business Confidence Index) compiled by Dr Neil Bruton of RGT Smart Ltd, contact the Nelson Mandela Bay … [Read more...] about Nelson Mandela Metropole Business Confidence Indicator – YTD June 2011
