The Nelson Mandela Bay Business Chamber yesterday proposed a deferral of Eskom’s application to increase the electricity tariffs countrywide by 19.9%. Representatives from the Nelson Mandela Bay Business Chamber made this recommendation at the National Energy Regulator of South Africa (Nersa)’s Public Hearing on Eskom’s 2018/19 Revenue Application, which was held in Port Elizabeth yesterday (1 November 2017). The application requires a general increase for Eskom customers of 19.9% and an … [Read more...] about Organised Business calls for halt to electricity hike application
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Business Chamber challenges 2018/19 electricity tariffs
The Nelson Mandela Bay Business Chamber has recently submitted a number of objections to the National Energy Regulator of South Africa (Nersa) with regards to Eskom’s 2018/19 Revenue Application. The Eskom application requests a general increase for Eskom customers of 19.9% (effective April 1, 2018) and increases to the Municipalities of 29.5% (effective July 1, 2018). The Business Chamber has actively been protecting businesses’ interest in relation to critical issues which affect the … [Read more...] about Business Chamber challenges 2018/19 electricity tariffs
August – A Good Month for Exports
The Nelson Mandela Bay Business Chamber, which prides itself in linking local businesses with international markets, recently celebrated a new record with their issuing of Certificates of Origin (COO). In August the NMBBC COO Department issued the most monthly certificates it has ever done over the past six years of recordings. This was up 22% from August 2016 certificates, and is testimony to a good month of exports out of Nelson Mandela Bay. Nelson Mandela Bay Business Chamber Finance … [Read more...] about August – A Good Month for Exports
Free Services for SMEs
The Nelson Mandela Bay Business Chamber today launched an exciting new programme, where SMEs are offered free services and assistance by fellow member companies. The Nelson Mandela Bay Business Chamber’s SME Task Team started the SME Pro Bono Service Programme to create a formal structure for businesses to connect - through identifying members willing to offer pro bono services or advice to other member companies. SME Task Team Chairman Wesley Augustyn said one of the goals of the Task … [Read more...] about Free Services for SMEs
Business Chamber responds to Constitutional Court Ruling
We have taken cognisance of the Constitutional Court’s ruling yesterday (22 August) which upheld the SCA’s decision regarding the powers and functions of the electricity Regulator, Nersa, in relation to what we consider to be unreasonable electricity tariff hikes in South Africa. This decision relates to a Supreme Court of Appeal’s ruling earlier this year that affirmed the Regulator’s decision to allow Eskom’s application for a country-wide tariff adjustment. The Nelson Mandela Bay … [Read more...] about Business Chamber responds to Constitutional Court Ruling
Youth Employment and how data-based insights can help you in your business today
Harambee is a youth employment accelerator that was set up by a group of employers who were faced with the challenges of employing and keeping first-time workers. At the same time, they also wanted to address the high unemployment levels among young South Africans. The Harambee Youth Employment Accelerator recently completed one million assessments to match first-time work seekers to entry-level economic opportunities. This created one of the country’s largest data sets on understanding how … [Read more...] about Youth Employment and how data-based insights can help you in your business today
Potential electricity increases of up to 50% in 2018 disastrous for businesses and consumers
Reacting to the news that the Supreme Court of Appeal has set aside the Port Elizabeth business consortium’s case against NERSA and Eskom, new Business Chamber President Thomas Schaefer has vowed to continue to fight unreasonable electricity tariff increases on behalf of business. See: Bigger challenges ahead for civil society to fight electricity price hikes The Nelson Mandela Bay Business Chamber expressed deep concern about the Supreme Court of Appeal’s ruling yesterday which upheld the … [Read more...] about Potential electricity increases of up to 50% in 2018 disastrous for businesses and consumers
Handing over the reins at NMBBC
The Nelson Mandela Bay Business Chamber, elected its new President, Thomas Schaefer (Chairman and Managing Director of Volkswagen Group South Africa) at the first meeting of the new Board on 30 May 2017. Schaefer, together with the newly appointed team, will oversee an exciting new change of direction for the Business Chamber over the next two years. He is supported by two Deputy Presidents, Tshiwela Mhlantla (ABSA) and Andrew Muir (Wilderness Foundation). Honorary Treasurer, Simone Mao-Cheia … [Read more...] about Handing over the reins at NMBBC
NMBBC comment on GMSA quitting
The Nelson Mandela Bay Business Chamber has noted the announcement today that Isuzu Motors intends to purchase General Motors South Africa (GMSA)’s manufacturing operations. The Business Chamber believes it appropriate to thank and acknowledge our longstanding partner and member company GMSA for its substantial support over the past number of years - not only for the Nelson Mandela Bay Business Chamber as an organisation, but also for our member companies and the region’s economy as a whole. … [Read more...] about NMBBC comment on GMSA quitting
No more ‘business as usual’ as NMBBC announces new direction
The Nelson Mandela Bay Business Chamber is entering a period of renewal and is on the brink of exciting new changes and developments as an organisation. This according to outgoing president Ian Nicholls, who was delivering his address at the Nelson Mandela Bay Business Chamber Annual General Meeting (AGM) on 10 May. Nicholls said the Business Chamber's change in direction was as a consequence of the changes in the business environment. He encouraged the member companies in attendance at … [Read more...] about No more ‘business as usual’ as NMBBC announces new direction
Hustler steps down as NMBBC CEO
The Nelson Mandela Bay Business Chamber’s Board of Directors announced today that Kevin Hustler will be stepping down as its Chief Executive Officer at the end of April 2017. This will allow for rotational stewardship in the Business Chamber lead role, while securing renewed input in support of operational objectives that both the Business Chamber and Hustler believe are important for the Nelson Mandela By Business Chamber and the City. The Business Chamber Board wishes to express its … [Read more...] about Hustler steps down as NMBBC CEO
Local Business expresses ‘Grave concern’ over Cabinet Reshuffle
The Nelson Mandela Bay Business Chamber President Ian Nicholls had the following to say about this mornings 00h30 announcement of a Cabinet Reshuffle: The Nelson Mandela Bay Business Chamber notes with deep concern the reshuffling of Cabinet, and the subsequent axing of former Finance Minister Pravin Gordhan and Deputy Finance Minister Mcebisi Jonas. Whilst we acknowledge that the President has a constitutional right to appoint and dismiss Cabinet Ministers, the decision to dismiss some … [Read more...] about Local Business expresses ‘Grave concern’ over Cabinet Reshuffle
Business Chamber in support of Standard Bank IRONMAN African Championship
The Nelson Mandela Bay Business Chamber is looking forward to this weekend's Standard Bank IRONMAN African Championship, when the city's economy will get a welcome boost as our residents gear up to accommodate close to 2 000 athletes racing, of which 700 athletes are international participants. "The Nelson Mandela Bay Business Chamber would like to wish all participants the best of luck for Sunday's Standard Bank IRONMAN African Championship. We would like to encourage spectators to come … [Read more...] about Business Chamber in support of Standard Bank IRONMAN African Championship
Massive Win for Electricity Users
The Nelson Mandela Bay Business Chamber has welcomed the decision of the National Energy Regulator of South Africa (Nersa) today [Thursday, 23 February 2017] to limit Eskom's 2017 tariff increase to only 2.2%. All electricity users countrywide are set to benefit from this significantly reduced electricity price increase. Nersa's latest decision follows a ruling in the Gauteng High Court against a 2016 decision by Nersa relating to the Multi Year Price Determination (MYPD). The … [Read more...] about Massive Win for Electricity Users
Organised Business Comments on the State of the Province Address 2017
Nelson Mandela Bay Business Chamber CEO Kevin Hustler, said today: Against the background of a calm and orderly SOPA held today with the relevant decorum, Premier Phumulo Masualle painted the picture of a stable and sound province. As the Nelson Mandela Bay Business Chamber we welcome many of the points in his address, but look forward to more detail in the upcoming provincial budget allocations. We are disappointed that the big game changer for Nelson Mandela Bay, the development of the … [Read more...] about Organised Business Comments on the State of the Province Address 2017
