Cape Chamber welcomes Western Cape inter-governmental dispute amidst investor uncertainty
The private sector is facing a new epidemic of uncertainty prompted by Government fiscal mismanagement. Unprecedented in-year budget cuts announced by Finance Minister Enoch Godongwana look set to further erode local government service delivery in a country already buffeted by the impacts of load shedding and logistics challenges. For the business community, as much as […]
The Cape Chamber welcomes the High Court bid to resolve Cape Town’s commuter rail impasse
The Cape Chamber of Commerce and Industry welcomes the High Court bid to resolve Cape Town’s commuter rail impasse. It is however hugely disappointing that, after years of stalemate, Court action is required to compel the relevant transport authorities to do their jobs. The current Court application aims to secure a Service Level Agreement (SLA) […]
SA sadly absent from the list of developing countries that dramatically reduced poverty levels
South Africa is sadly absent from the latest list of developing countries that have dramatically reduced poverty levels over the past 15 years, according to the global Multidimensional Poverty Index (MPI). Unlike fellow Brics members China and India which have more than halved their poverty levels, South Africa is lagging in its development goals. The […]
Bay businesses counting cost of downtime due to rising number of unplanned power outages
Hundreds of businesses operating in six industrial areas in Nelson Mandela Bay are counting the cost of losing production time as a result of unplanned power outages which have risen to 42 since the beginning of the year, says Nelson Mandela Bay Business Chamber chief executive Denise van Huyssteen. The businesses are located in some […]
WATCH: Exclusive interview with SANTACO WC Chairperson Mandla Hermanus
In a podcast interview two days prior to the Cape Town Taxi Strike, the Cape Chamber of Commerce & Industry interviewed SANTACO Western Cape Chairperson, Mandla Hermanus, who explained the issues the taxi industry had ahead of their stay away. Below are links to snippets of the interview: What is the current state of the […]
Taxi industry strike was in many ways a lesson in three main kinds of diplomacy – the good, the bad, and the ugly
The taxi industry strike was in many ways a lesson in three main kinds of diplomacy – the good, the bad, and the ugly. That it occurred at all is an indictment on the failure of key stakeholders to settle their differences without dragging the rest of society into a tailspin of bitter accusations. Several […]
Cape Chamber helped mediate agreement to end taxi strike
The City of Cape Town and Santaco urgently need to build on the positive momentum created by this week’s suspension of the Western Cape taxi strike. In setting their differences aside both sides are to be commended for prioritising the needs of the broader public and the economy. However, we would be fooling ourselves to […]
Economic Impact due to Taxi Strike: Businesses report widespread losses
Several business sector organisations affiliated to the Cape Chamber report widespread disruption related to the ongoing Western Cape taxi industry strike. Although for many sectors it is too soon to quantify the economic loss, all report widespread absenteeism linked to commuter inability to reach the workplace. One sector drew a parallel between the impact of […]
The taxi strike is detrimental, regretful and avoidable
The taxi strike is detrimental, regretful and avoidable, at the outset we want to make it clear that the Chamber condemns violence, lawlessness and damage to property. The questions to ask is, how did we get to this?The issue is complex and multi-faceted, and we urge the public not to jump to conclusions. In seeking […]
The Cape Chamber of Commerce and Industry is deeply concerned about Cape Town’s current taxi crisis
The escalating conflict between law enforcers and taxi operators threatens to compound transport problems at a time when most residents are already feeling financial strain. We appeal to all stakeholders to commit to constructive dialogue aimed at resolving the impasse in the best interests of the society at large. As much as we all hate […]