The SACCI Business Confidence Index (BCI) for December 2023 reached a notable 112.1, marking the second-highest level for the year, surpassed only by the January
Forty-two percent of businesses surveyed by SACCI in October 2022 experienced subdued trade conditions although 58% of the respondents were positive about trade conditions for
Section 34 of the Insolvency Act 24 of 1936 provides that if a business owner transfers their business to someone else – the goodwill of
The SACCI’s Business Confidence Index (BCI) recorded 89.3 in May 2022 – its lowest level since the 85.7 of September 2020. The BCI declined from
After trade conditions reached an all-time low in April and May 2020 due to strict lockdown measures to curb Covid-19 infections, trade conditions were more
The South African Chamber of Commerce and Industry (SACCI) on Monday condemned “in the strongest terms the looting of businesses, damage to property and intimidation