The one positive of this, even if some of it is depressing, is that there'll be life on the other side, writes Adriaan Basson.
While the government gets to grips with the emergence of the new coronavirus , introducing the closure of multiple trade ports as a preventative measure, industry leaders and organisations met on Monday morning to and assess the impact of the outbreak.
Tight trade conditions continue to suppress sales prices in SA, according to the latest Trade Activity Index by the SA Chamber of Commerce and Industry.
Over the next six months trade in SA is expected to decline further into negative territory, according to the SA Chamber of Commerce and Industry's Trade Expectations Index.
The meeting will take place after a week during which stores and other small businesses owned and run by foreign nationals were looted in what has been slammed as xenophobic violence.
Business confidence declined in July after improving marginally in June, according to the latest South African Chamber of Commerce and Industry Business Confidence Index.
While President Cyril Ramaphosa said in SONA now is the time for implementation, no real implementation plans followed in the rest of the speech, caution business bodies.
The ANC and government must address its uncoordinated communications on the debate around SARB policy, urges the SA Chamber of Commerce and Industry.
Political activity and anxiety ahead of the national election on May 8, coupled with the effects of public holidays, slightly depressed trade conditions in April, according to a survey.
The level of trade in SA is still in negative territory and much lower than in March 2018, according to Sacci's latest Trade Activity Index.
The index dropped to 93.4 in February to from 95.1 in the previous month, the South African Chamber of Commerce and Industry has said.
SA's business climate is not giving up on "battling the odds" of a tight financial environment and economy", says the SA Chamber of Commerce and Industry.
Business confidence has been on a steady decline over the past decade.
Investors are reluctant to make decisions in an uncertain environment, says the SA Chamber of Commerce and Industry.
Trade conditions in SA remained strained but stable in July, according to the latest Trade Activity Index released by the SA Chamber of Commerce and Industry.
Trade conditions in South Africa remained under pressure in June 2019, according to the South African Chamber of Commerce and Industry.
Trade conditions, although weak, improved in May and the market expects economic conditions and business climate to lift in the short to medium term.
The business climate in South Africa still lags behind conditions that prevailed in 2018, according to the latest Business Confidence Index released by the SA Chamber of Commerce and Industry.
The Business Confidence Index of the SA Chamber of Commerce and Industry has improved compared to March, but is still below that of April 2018.
The leaders of industry bodies have told Fin24 that load shedding is not just a minor pain for companies, but poses a risk of closures, lost clients and even litigation.
SA motorists will be paying 74 cents more per litre of petrol and between 91 and 93 cents more per litre of diesel in March.
Cape Town Southern SuburbsLiberty Financial Advisers
Cape TownTumaini ConsultingR600 000.00 - R800 000.00 Per Year
R 5 750 000
R 2 950 000
R 3 700 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.