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General Info - Press Releases

The Roodepoort Chamber of Commerce and Industry (Rocci) and The South African Chamber of Commerce and Industry (Sacci) issues press releases from time to time.

 

Press releases will be emailed to our database as they are released, but if you've missed out, you are welcome to find previous and latest releases on this page.

 

Get It Joburg West Magazine

Rocci Laptops Handover to SAPS

 

ROCCI:  Joburg Council writes off R7,76bl

The Roodepoort Chamber of Commerce and Industry (ROCCI) welcomes the new City Manager,Mr.Trevor Fowler  and his new team  and trusts that this new regime will take Johannesburg to its rightful place as a World Class African City during its first term of office.
One shudders to think what would become of our City finances should the old regime still be in place.Writing off R 7,76bl of a total debt of R10bl in its first year without evidence of any attempt to recover such outstanding debt  borders on the ridiculous.It makes one wonder whether this was real outstanding debt by individuals and companies or rather an attempt to ‘straighten the books’ following the Billing debacle.

Read more....

SACCI PRESS RELEASE: 23 AUGUST 2011

SACCI REFLECTS ON THE IMPACT OF THE MUNICIPAL WORKERS’ STRIKE

Read Press Release

 

ROCCI Welcomes New Mayor

See Rocci Press release: ROCCI welcomes New Mayor

 

ROCCI welcomes Walmart deal approved with terms

See Rocci Press release: ROCCI welcomes Walmart deal approved with terms

 

Rocci Interview

SMME Beeld

Click here to listen to the RSG Rocci interview

 

NEWS ARTICLES

 

Nortside Cronicle - 24 Sept 2010

Roodepoort Record - 24 Sept 2010

Wes-Beeld - 26 March 2010

Wes-Beeld - 12 March 2010

Wes-Beeld - 26 Feb 2010

Northside Cronicle - 26 Feb 2010

Roodepoort Record - 26 Feb 2010

 

SACCI - INFLATION UPDATE

Food inflation is further down to 3.6% in December 2009 - lowest since 4.5% in Feb. 2006.

  • Core inflation (excl. food, beverages & petrol) is also further down to 6.7% in December 2009 from 7% in November 2009.  
  • However, CPI inflation is above 6% at 6.3% from 5.8% in November 2009.  
  • The Producer deflation is estimated at 0.5% in Dec 09 - 2.5% ppi deflation in Nov 09. Imported prices down by 12% on average in 2009 - up 16.5% in 2008. Local prices rise by only 0.2% in 2009 against 14.3% in 2008.

 

Price pressures appear to be increasing with producers. Read more

 

Latest Press Release -

Wes Beeld - Interview with Sakkie Stoltz - 10 June 2011
Muncipal Workers’ Strike
World Bank Loan to Eskom
CRIME AWARENESS CAMPAIGN
HIJACKING AWARENESS GUIDES
TRADE CONDITIONS SURVEY

 

Previous Press Releases

3RD QUARTER REVIEW AND RADAR
BUSINESS CONFIDENCE INDEX - SEPT 09
BUSINESS CONFIDENCE INDEX - SEPT 09
NERSA's DECISION - A 31,3% INCREASE IN THE ELECTRICITY TARIFF - 25 JUNE 2009
COMMENTS ON ESKOM’S APPLICATION FOR AN INTERIM TARIFF INCREASE -
1 JUNE 2009

 

SACCI CONVENTION – 14TH 15TH OCTOBER 2010

The 3rd annual sacci agm and convention was held at the sandton convention centre.
Mr. Chose Choeu of Eskom was elected president supported by a board of 10 members including Roodepoort executive member Roy Panday.
The main address at the gala dinner was by the hon.min of economic affairs Ebrahim Patel whilst the hon minister of human settlements Tokyo Sexwale was the main speaker at the convention the next morning.
Both speeches will be available on the SACCI website as soon as the SACCI offices have received them.
At the convention – the following motions were adopted for presentation to government:
1. Successful world cup crime prevention exercise - making it the norm
2. Service delivery accountability and transparency at local level
3. Improving transport and logistics for enhanced competitiveness
4. Prioritising the implementation of regional electricity distributors (reds)
In addition both Telkom and Eskom presented the launch of their latest mobile network  8 ta (Heita) and operation Khanyisa campaign respectively, the last named being a campaign to address the serious problem of electricity theft at its cost to the economy.  The full campaign can be found the ROCCI website.
Members are requested to give their full support to both operation Khanyisa  and the SA 1st  campaigns , launched recently by SACCI, full details of which are on the SACCI website – by bringing these to the notice of your workforce and encourage a change in behavior and ethics.

Sacci website : www.sacci convention.org
www.operationkhanyisa.co.za
Thank you
Roy panday
Rocci executive and sacci board member.
Roy_panday@ananzi.co.za

SACCI Comments on Crime Statistics

Commenting on the crime statistics released today, South African Chamber of Commerce & Industry CEO Neren Rau said:

 

Quote: ‘SACCI notes with concern that Business appears to have become a favoured target for criminals. This is reflected in the 41% increase in business related robberies, the 15% increase in truck hijacking, the 19% increase in commercial crime and the 21% increase in shoplifting.

 

At a time when businesses are grappling with socio-economic pressures, crime once again dominates the agenda of high risks. Government must exercise immediate, bold and decisive leadership in reducing crime levels if we are to foster a stimulative business environment.  A stimulative business environment is one that encourages existing businesses to expand and prospective new entrants to seize business opportunities, both of which are essential for propelling our economy on the path to economic recovery.

For its part, Business will continue to play a constructive role in combating crime. This will include working with the police and other crime prevention agencies as well as providing resources to assist in the struggle.’ Unquote

 

The Roodepoort Chamber of Commerce & Industry endorses the above statement by the South African Chamber of Commerce & Industry.

 

Building Business Confidence:SACCI Business Confidence Index

The SACCI Business Confidence Index (BCI) improved notably to 85.5 in September 2009 from 83 in August 2009.  The BCI is 6.6 index points higher than the depressed level of 78.9 measured in March 2009.

 
The September 2009 level is the best level recorded since November 2008 when the index stood at 86.7.  The majority of the BCI sub-indices had a positive impact on the BCI in September 2009 on a month-to-month basis suggesting that business confidence may continue improving over the medium term. The majority of the year-on-year changes in the sub-indices are negative except for inflation, the weighted rand exchange rate, precious metal prices and liquidations. The improvement in business confidence may therefore be a slow process depending largely on healthier real global economic conditions.

 

To fully comprehend the substance of the improved BCI, the latest level of the BCI must be viewed against the economic context we currently face.  Given the slow economic global recovery and low inflation and even deflation in the US, Japan, China and a number of other economies, it becomes apparent that markets may be too optimistic about the strength of the recovery of the global economy. In its October 2009 World Economic Outlook, the IMF indicated that the pace of recovery is slow, and activity remains far below pre-crisis levels in some economies.

 

South Africa must also be wary of a twin deficit risk (public sector borrowing requirement and current account deficit of the BOP) that could retard South Africa’s growth ability and recovery from the present economic situation. Crowding out the private sector from the capital markets in a low savings economy, remains a risk for SA’s economic outlook. Business confidence and economic performance will however to a large extent depend on the pace of the global economic recovery and the ability of South Africans to seize opportunities.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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