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Deflated SME confidence levels result of economic uncertainty

10 February 2016

In the current economic landscape, South African businesses find themselves fighting to overcome one headwind after the next. This constantly changing environment is negatively impacting small and medium enterprises (SMEs) and business owners’ growth projections for 2016. As a result SMEs’ confidence levels about economic and business growth declined significantly in the last quarter.

Almost no growth in SA economy this year

10 February 2016

Economic transactions were up a mere 0.1% last month compared to January 2015 according to the BankservAfrica Economic Transaction Index (BETI), while quarter-on-quarter and month-on-month measurements are both down.

Business warned to watch debt levels in contracting economy

08 February 2016

With the South African economy skirting recession and insolvencies on the rise, experts warn that businesses need to pay closer attention to their financial health to avoid getting into trouble.

Has the oil price hit the low point?

01 February 2016

There are questions whether the low oil price is benefiting South Africa. ICE Brent spot price is trading around $30, the lowest level in 12 years, seen in the context of market surplus. The December meeting in which OPEC failed to set a total production quota and the Chinese stock market turmoil is seen as a sign of increasing concern about China’s health.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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