Failing commuter rail system and traffic congestion has City on the verge of crisis

Cape Town’s failing commuter rail transport system and increased traffic congestion has left the City on the verge of crisis, says the Cape Chamber of Commerce and Industry. This is clear from a survey of Chamber members which found that about 85% of respondents said the situation had demotivated staff and reduced productivity while 90% […]

Chamber welcomes NERSA’s rejections of Eskom’s request for tariff increase

The Cape Chamber of Commerce and Industry welcomed the NERSA rejection of  Eskom’s request for another electricity tariff increase. Eskom must now do what any other company in this position would do and that is to cut costs, even if it hurts. Many private sector companies have had to introduce wage freezes and other measures […]

President Zuma did the right thing when he declared zero tolerance for future industrial actions

PRESIDENT Jacob Zuma did the right thing when he attacked the recent wildcat strikes and declared zero tolerance for future industrial actions outside the law, says the Cape Chamber of Commerce and Industry. The assurance failed to reassure investors and the value of the rand dropped as a result. “The statement was necessary because there […]