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Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

trade

South Africa’s Country Statement delivered by the Minister of Trade and Industry, Dr Rob Davies at the UNCTAD XIV Ministerial Conference in Nairobi, Kenya, on 20 July 2016

20 July 2016 By Port Elizabethan

South Africa’s Country Statement delivered by the Minister of Trade and Industry, Dr Rob Davies at the UNCTAD XIV Ministerial Conference in Nairobi, Kenya, on 20 July 2016: South Africa takes this opportunity to express its appreciation and gratitude to the Government and people of Kenya for hosting this 14th Ministerial Conference of United Nations Conference on Trade and Development (UNCTAD). South Africa reaffirms its support for the outcomes of previous UNCTAD Ministerial Conferences, in … [Read more...] about South Africa’s Country Statement delivered by the Minister of Trade and Industry, Dr Rob Davies at the UNCTAD XIV Ministerial Conference in Nairobi, Kenya, on 20 July 2016

Trade activity in negative territory in July

14 August 2014 By Alan Straton

South African Chamber of Commerce and Industry

The Trade Activity Index (TAI) declined by four index points in July, said the South African Chamber of Commerce and Industry (Sacci). The seasonally adjusted composite Trade Activity Index (TAI) declined by 4 index points to 48 in July 2014, from 52 in June 2014, said Sacci on Thursday. The trade conditions index was stable and has been close to the 50 mark since February 2014. "July was the first month in 2014 in which trade conditions dipped well below 50. With uncertain economic … [Read more...] about Trade activity in negative territory in July

Slight increase in SA trade activity

15 July 2014 By Alan Straton

South African Chamber of Commerce and Industry

The Trade Activity Index (TAI) showed a slight increase in June, the South African Chamber of Commerce and Industry (Sacci) said on Tuesday. The seasonally adjusted composite TAI increased slightly by two index points to 52 in June after declining by a point to 50 in May. "Although overall trade conditions remained weak, the TAI hovered around positive territory since February 2014. "With the economy performing at low levels, domestic and international trade still reflect reasonable … [Read more...] about Slight increase in SA trade activity

Trade conditions improve in March

15 April 2014 By Alan Straton

South African Chamber of Commerce and Industry

Trade activity remained in positive territory in March 2014, despite tighter financial conditions and financial stresses faced by the consumer. Releasing the trade conditions survey on Tuesday, the South African Chamber of Commerce and Industry (Sacci) said loans and advances by monetary institutions helped improve the business climate. "Loans and advances by monetary institutions to private businesses increased by 12.7% in February 2014 and assisted businesses in coping with mounting cost … [Read more...] about Trade conditions improve in March

Trade conditions moderately positive in March

11 April 2013 By Alan Straton

South African Chamber of Commerce and Industry

Trade conditions were moderately positive as they moved deeper into positive territory in March, said the South African Chamber of Commerce and Industry (Sacci). "Trade conditions moved deeper into positive territory in March 2013. The improvement of the Trade Activity Index (TAI) from 42 in December 2012 to 52 in January 2013 continued to 56 in March 2013," said Sacci in its monthly Trade Conditions Survey on Thursday. Trade conditions (TAI) were four points lower in March 2013 than in … [Read more...] about Trade conditions moderately positive in March

Improvement in November trade activity

12 December 2012 By Alan Straton

South African Chamber of Commerce and Industry

Trade activity improved in November, with the Trade Activity Index (TAI) increasing to 57 from 52 in October, said the South African Chamber of Commerce and Industry (Sacci). Despite the TAI being adjusted for seasonal factors, the index was still higher at 53 in November compared to 50 in October. In its trade conditions survey released on Tuesday, Sacci said the seasonally adjusted TAI was four points higher than in November 2011. "The improvement in the TAI in the last two months … [Read more...] about Improvement in November trade activity

Trade deficit widens to R21.2bn

30 November 2012 By Alan Straton

South Africa recorded a trade deficit of R21.2 billion in October, the South African Revenue Service (SARS) said on Friday. "The R21.2 billion deficit for October 2012 was due to an increase in exports of 7.8% and an increase in imports of 16.7%. Exports increased by R4.4 billion (7.8%) and imports increased by R11.8 billion (16.7%)," said the revenue service. Market consensus was that the trade deficit in October would be R15.4 billion from the R13.8 billion that was recorded in … [Read more...] about Trade deficit widens to R21.2bn

October trade conditions escape adverse economic conditions

14 November 2012 By Alan Straton

South African Chamber of Commerce and Industry

Trade conditions in October escaped adverse economic conditions that were affected by labour action and downgrades from rating agencies, the Trade Conditions Survey found. "Current trade conditions escaped the adverse economic conditions prevailing in September 2012 that were marred by militant labour action and downgrades from rating agencies. "The seasonally adjusted Trade Activity Index (TAI) recovered the four points lost in September 2012 and increased to 50 in October 2012," said the … [Read more...] about October trade conditions escape adverse economic conditions

Retail trade sales figures beat expectations

17 October 2012 By Alan Straton

Retail trade sales rose by 6.4% in August, beating market expectation, said Statistics South Africa (Stats SA). "Retail trade sales increased by 6.4% year-on-year in August 2012," said Stats SA on Wednesday. The biggest contributors to the increase included general dealers, retailers in textiles, clothing, footwear and leather goods as well as hardware, paint and glass. Market expectation was that sales would rise by 4.6% in August. Measured in real terms (constant 2008 prices), … [Read more...] about Retail trade sales figures beat expectations

September Trade conditions weaker

10 October 2012 By Alan Straton

South African Chamber of Commerce and Industry

Trade conditions weakened in September, the South African Chamber of Commerce and Industry (Sacci) said on Wednesday. Trade conditions have been tight since April 2012. "Trade conditions appear to be settling in negative territory, i.e. below the 50 index level, as all the sub-components of trade activity were less than 50 in September," said Sacci. The seasonally adjusted Trade Activity Index (TAI) weakened by four points to 46 after recovering by five points to 50 in August. The … [Read more...] about September Trade conditions weaker

July Trade Conditions Volatile

14 August 2012 By Alan Straton

South African Chamber of Commerce and Industry

Trade conditions remained volatile in July, the South African Chamber of Commerce and Industry (Sacci) said on Tuesday. Releasing the Trade Conditions Survey, Sacci said trade conditions were tighter since April 2012 after being more robust at the beginning of 2012. In July, the seasonally adjusted Trade Activity Index (TAI) lost a further four points to measure 45, which is down from a high of 59 in March. "Trade conditions are characterised by volatility ranging from optimism to … [Read more...] about July Trade Conditions Volatile

April Trade Conditions Positive

10 May 2012 By Alan Straton

South African Chamber of Commerce and Industry

Trade conditions remained positive in April, the South African Chamber of Commerce and Industry (SACCI) said on Thursday. Despite the decline in the seasonally adjusted Trade Activity Index (TAI), conditions remained positive in April. The seasonally adjusted TAI lost eight points to measure 51 in April. "Trade conditions remained positive in April 2012, despite the decline in the seasonally adjusted [TAI]. Despite the fact that the non-seasonally adjusted TAI decreased by 12 points from … [Read more...] about April Trade Conditions Positive

January Trade conditions Dip

13 February 2012 By Alan Straton

South African Chamber of Commerce and Industry

Trade conditions started off the year low, the South African Chamber of Commerce and Industry (Sacci) said in its January Trade Conditions Survey. "After the trade environment suffered a setback in December 2011 compared to October and November 2011, the non-seasonally adjusted TAI (trade activity index) recovered to 48 in January 2012," said Sacci on Monday. The seasonally adjusted TAI gained 8 points in December to measure 50 in January. In January 2011 the trade activity index stood at … [Read more...] about January Trade conditions Dip

Eastern Cape Public Servants Barred From Trading With Government

31 August 2011 By Alan Straton

The Democratic Alliance welcomes the statement of the Premier of the Eastern Cape, Noxolo Kiviet, at the 25 August 2011 midyear provincial Legotla that the province will no longer allow Eastern Cape public servants to trade with the government. The DA over a long period of time has been promoting this policy shift in terms of our agenda of accountability.  Last year in November I tabled private members' legislation, the Eastern Cape Business Interests of Employees Procurement Bill to this … [Read more...] about Eastern Cape Public Servants Barred From Trading With Government

June Trade Conditions Dip Into Negative Territory

13 July 2011 By Alan Straton

South African Chamber of Commerce and Industry

Trade conditions in June dipped into negative territory, the South African Chamber of Commerce and Industry (SACCI) said on Tuesday. Releasing its monthly report, SACCI said current conditions reflected by the Trade Activity Index (TAI), measuring a seasonally adjusted 47 in June after a 50 reading in May 2011, dipped into negative territory. After achieving a seasonally adjusted level of 55 in February 2011, the TAI vacillated between positive and negative territory in the months to … [Read more...] about June Trade Conditions Dip Into Negative Territory

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