Chamber welcomes Governments commitment to speed-up payments

A commitment by the Government to speed up payments to suppliers, particularly those in the small business world, was welcomed by the Cape Chamber of Commerce and Industry. “Late payments from National and provincial departments has been a major problem for business and we really don’t see any reason why the 30-day goal cannot be […]

Chamber expresses concern regarding City rates and tariff increases

THE Cape Chamber of Commerce and Industry has expressed great concern at the battery of proposed City Council rates and tariff increases for the new municipal year as all of them are well above the current official CPI rate of inflation of around 4,0 percent. This was made clear by Chamber members after a presentation […]

Headline Producer Price Index (PPI) March 2015

Headline PPI  March 2015 The annual percentage change in the PPI for final manufactured goods was 3,1% in March 2015 (compared with 2,6% in February 2015). From February 2015 to March 2015 the PPI for final manufactured goods increased by 1,8%. The main contributor to the annual rate of 3,1% was food products, beverages and […]

Consumer Price Index – March 2015

The  headline CPI for all urban areas (annual inflation rate) in March 2015 was 4,0%. This rate was 0,1 of a percentage point higher than the corresponding annual rate of 3,9% in February 2015. On average, prices increased by 1,4% between February 2015 and March 2015. The provinces with an annual inflation rate lower than […]

New visa legislation can dent tourism

THE tourist industry is becoming increasingly concerned about the impact of the new visa regulations and the requirements for unabridged birth certificates for children travelling with their parents, says the Cape Chamber of Commerce and industry. “Tourism in the Western Cape is one of the big success stories of the new South Africa but these […]